Zaxby's vs Wimpys Diner Franchise Comparison

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

Start-Up Costs and Fees

 
Zaxby's Franchise
Wimpys Diner Franchise
Investment $343,200 - $695,200 $250,000 - $500,000
Franchise Fee $35,000 $30,000
Royalty Fee 6% 4%
Advertising Fee 2.87%-5% 2%
Year Founded 1990 1988
Year Franchised 1994 1992
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Zaxby's Franchise
Wimpys Diner 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

 
Zaxby's Franchise
Wimpys Diner Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/Yes -/-

Training & Support

 
Zaxby's Franchise
Wimpys Diner 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 - -
Marketing - -
Operations - -

Expansion Plans

 
Zaxby's Franchise
Wimpys Diner Franchise
US Expansion Yes Yes
Canada Expansion - Yes
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Zaxby's Franchise
$343,200 - $695,200
Wimpys Diner Franchise
$250,000 - $500,000
Franchise Fee
Zaxby's Franchise
$35,000
Wimpys Diner Franchise
$30,000
Royalty Fee
Zaxby's Franchise
6%
Wimpys Diner Franchise
4%
Advertising Fee
Zaxby's Franchise
2.87%-5%
Wimpys Diner Franchise
2%
Year Founded
Zaxby's Franchise
1990
Wimpys Diner Franchise
1988
Year Franchised
Zaxby's Franchise
1994
Wimpys Diner Franchise
1992
Term Of Agreement
Zaxby's Franchise
-
Wimpys Diner Franchise
-
Renewal Fee
Zaxby's Franchise
-
Wimpys Diner Franchise
-


Business Experience Requirements

Experience
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.
Wimpys Diner Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Zaxby's Franchise
-/-
Wimpys Diner Franchise
-/-
Start-up Costs
Zaxby's Franchise
-/-
Wimpys Diner Franchise
-/-
Equipment
Zaxby's Franchise
-/-
Wimpys Diner Franchise
-/-
Inventory
Zaxby's Franchise
-/-
Wimpys Diner Franchise
-/-
Receivables
Zaxby's Franchise
-/-
Wimpys Diner Franchise
-/-
Payroll
Zaxby's Franchise
-/Yes
Wimpys Diner Franchise
-/-

Training & Support

Training
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.
Wimpys Diner Franchise
-
Support
Zaxby's Franchise
-
Wimpys Diner Franchise
-
Marketing
Zaxby's Franchise
-
Wimpys Diner Franchise
-
Operations
Zaxby's Franchise
-
Wimpys Diner Franchise
-

Expansion Plans

US Expansion
Zaxby's Franchise
Yes
Wimpys Diner Franchise
Yes
Canada Expansion
Zaxby's Franchise
-
Wimpys Diner Franchise
Yes
International Expansion
Zaxby's Franchise
-
Wimpys Diner Franchise
-

Company Overviews

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.

About Wimpys Diner

Wimpy's Diner is a full menu Diner Style Restaurant chain with a nostalgic 50's and 60's atmosphere, serving Famous Burgers, Home style breakfast, Lunch, Dinner specials and other generously portioned entrees. Due to great public interest, the projected mark for the total number of stores in Southern Ontario was already surpassed by early 1997, thus creating the "WIMPY'S" trademark, which was issued in January of the same year. Wimpy's Diner Inc. is the licensing company for Wimpy's Diner chain.