Western Sizzlin vs Zaxby's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Western Sizzlin vs Zaxby's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Western Sizzlin Franchise
Zaxby's Franchise
Investment $811,000 - $2,300,000 $343,200 - $695,200
Franchise Fee $30,000 $35,000
Royalty Fee 3% 6%
Advertising Fee - 2.87%-5%
Year Founded 1962 1990
Year Franchised 1965 1994
Term Of Agreement 20 years -
Term Of Agreement 20 years -
Renewal Fee - -


Business Experience Requirements

 
Western Sizzlin Franchise
Zaxby's Franchise
Experience - Prospective Franchisees must meet the following criteria to be considered: Collective net worth of at least $1,000,000, with liquid assets greater than $500,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 – 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations.

Financing Options

 
Western Sizzlin Franchise
Zaxby's Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees No/No -/-
Start-up Costs No/No -/-
Equipment No/No -/-
Inventory No/No -/-
Receivables No/No -/-
Payroll No/No -/Yes

Training & Support

 
Western Sizzlin Franchise
Zaxby's Franchise
Training - The initial training program is eight weeks long, consisting of a one-week orientation phase at Zaxby's Franchising, Inc.'s training center, three two-week phases at a training restaurant and the final one-week phase back at ZFI's training center. Ongoing support and training updates, in addition to other business development practices - including onsite inspections - are conducted regularly throughout the franchise system.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives -
Marketing Ad slicks -
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 40

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

-

Expansion Plans

 
Western Sizzlin Franchise
Zaxby's Franchise
US Expansion Yes Yes
Canada Expansion No -
International Expansion No -

Start-Up Costs and Fees Mobile

Investment
Western Sizzlin Franchise
$811,000 - $2,300,000
Zaxby's Franchise
$343,200 - $695,200
Franchise Fee
Western Sizzlin Franchise
$30,000
Zaxby's Franchise
$35,000
Royalty Fee
Western Sizzlin Franchise
3%
Zaxby's Franchise
6%
Advertising Fee
Western Sizzlin Franchise
-
Zaxby's Franchise
2.87%-5%
Year Founded
Western Sizzlin Franchise
1962
Zaxby's Franchise
1990
Year Franchised
Western Sizzlin Franchise
1965
Zaxby's Franchise
1994
Term Of Agreement
Western Sizzlin Franchise
20 years
Zaxby's Franchise
-
Renewal Fee
Western Sizzlin Franchise
-
Zaxby's Franchise
-


Business Experience Requirements

Experience
Western Sizzlin Franchise
-
Zaxby's Franchise
Prospective Franchisees must meet the following criteria to be considered: Collective net worth of at least $1,000,000, with liquid assets greater than $500,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 – 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations.

Financing Options

  In-House/3rd Party
Franchise Fees
Western Sizzlin Franchise
No/No
Zaxby's Franchise
-/-
Start-up Costs
Western Sizzlin Franchise
No/No
Zaxby's Franchise
-/-
Equipment
Western Sizzlin Franchise
No/No
Zaxby's Franchise
-/-
Inventory
Western Sizzlin Franchise
No/No
Zaxby's Franchise
-/-
Receivables
Western Sizzlin Franchise
No/No
Zaxby's Franchise
-/-
Payroll
Western Sizzlin Franchise
No/No
Zaxby's Franchise
-/Yes

Training & Support

Training
Western Sizzlin Franchise
-
Zaxby's Franchise
The initial training program is eight weeks long, consisting of a one-week orientation phase at Zaxby's Franchising, Inc.'s training center, three two-week phases at a training restaurant and the final one-week phase back at ZFI's training center. Ongoing support and training updates, in addition to other business development practices - including onsite inspections - are conducted regularly throughout the franchise system.
Support
Western Sizzlin Franchise
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Zaxby's Franchise
-
Marketing
Western Sizzlin Franchise
Ad slicks
Zaxby's Franchise
-
Operations
Western Sizzlin Franchise
20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 40

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Zaxby's Franchise
-

Expansion Plans

US Expansion
Western Sizzlin Franchise
Yes
Zaxby's Franchise
Yes
Canada Expansion
Western Sizzlin Franchise
No
Zaxby's Franchise
-
International Expansion
Western Sizzlin Franchise
No
Zaxby's Franchise
-

Company Overviews

About Western Sizzlin

WesterN SizzliN serves only the finest steaks. In the cooking process, our steaks are specially seasoned with Gold Dust, a WesterN SizzliN proprietary recipe. The combination of the Pascarellas original cooking technique and one-of-a-kind seasoning brought Nick and his wife Nora, an impeccable reputation for serving the most succulent tasting steak around. As one of our franchisees says, "We've got a special juicy flavor that only WesterN SizzliN has!" But don't just take our word for it, ask anyone who has ever had one, and they'll tell you about it. Nick's concept was just too good to keep to himself. In 1966 he responded to requests and began selling franchises nationally. By 1988, Nick's "steakhouse" had grown into a national chain with yearly sales of nearly half a billion dollars!

About Zaxby's

Zaxby's Franchising, Inc., actively seeks highly qualified individuals be become licensees. Prior business experience, financial qualifications, motivation, team spirit and a track record of personal success are all important factors in our evaluation process. Prospective licensees must meet the following criteria to be considered: Collective net worth of at least $700,000, with liquid assets greater than $400,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 - 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations.
The Zaxby's Mission Statement - Consistently Create Encore Experiences That Enrich Lives One Person At A Time - recognizes the value of all individuals.

ZFI is committed to developing a diverse community of licensees and, in that regard, the Zaxby's franchise opportunity is open to all qualified applicants, regardless of age, gender, race or ethnicity.

The total investment necessary to begin operation of a Zaxby’s franchised business is $343,200 to $695,200. This includes $40,200 to $45,000 that must be paid to the franchisor or its affiliates. In addition, if you enter into a Multi-Restaurant Development Agreement to develop more than one Zaxby’s restaurant, you must pay the franchisor a fee of $17,500 for each Zaxby’s restaurant scheduled for development and subsequently must pay an additional $17,500 upon execution of the License Agreement for each Zaxby’s restaurant, which amounts are credited towards the initial franchise fee for each restaurant.

#148 in Franchise 500 for 2021.  Not in Franchise 500 for 2020.