Zaxby's vs Taste Of Mediterranean Franchise Comparison

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

Start-Up Costs and Fees

 
Zaxby's Franchise
Taste Of Mediterranean Franchise
Investment $343,200 - $695,200 $99,000
Franchise Fee $35,000 $12,000 - $20,000
Royalty Fee 6% $1,000. a month, Flat Fee.
Advertising Fee 2.87%-5% 2%
Year Founded 1990 2004
Year Franchised 1994 2007
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

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

Training & Support

 
Zaxby's Franchise
Taste Of Mediterranean 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. Full hands on trianing for 2 weeks at one of our location.
Support - -
Marketing - -
Operations - -

Expansion Plans

 
Zaxby's Franchise
Taste Of Mediterranean Franchise
US Expansion Yes -
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Zaxby's Franchise
$343,200 - $695,200
Taste Of Mediterranean Franchise
$99,000
Franchise Fee
Zaxby's Franchise
$35,000
Taste Of Mediterranean Franchise
$12,000 - $20,000
Royalty Fee
Zaxby's Franchise
6%
Taste Of Mediterranean Franchise
$1,000. a month, Flat Fee.
Advertising Fee
Zaxby's Franchise
2.87%-5%
Taste Of Mediterranean Franchise
2%
Year Founded
Zaxby's Franchise
1990
Taste Of Mediterranean Franchise
2004
Year Franchised
Zaxby's Franchise
1994
Taste Of Mediterranean Franchise
2007
Term Of Agreement
Zaxby's Franchise
-
Taste Of Mediterranean Franchise
-
Renewal Fee
Zaxby's Franchise
-
Taste Of Mediterranean 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.
Taste Of Mediterranean Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Zaxby's Franchise
-/-
Taste Of Mediterranean Franchise
-/Yes
Start-up Costs
Zaxby's Franchise
-/-
Taste Of Mediterranean Franchise
-/Yes
Equipment
Zaxby's Franchise
-/-
Taste Of Mediterranean Franchise
-/Yes
Inventory
Zaxby's Franchise
-/-
Taste Of Mediterranean Franchise
-/Yes
Receivables
Zaxby's Franchise
-/-
Taste Of Mediterranean Franchise
-/-
Payroll
Zaxby's Franchise
-/Yes
Taste Of Mediterranean 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.
Taste Of Mediterranean Franchise
Full hands on trianing for 2 weeks at one of our location.
Support
Zaxby's Franchise
-
Taste Of Mediterranean Franchise
-
Marketing
Zaxby's Franchise
-
Taste Of Mediterranean Franchise
-
Operations
Zaxby's Franchise
-
Taste Of Mediterranean Franchise
-

Expansion Plans

US Expansion
Zaxby's Franchise
Yes
Taste Of Mediterranean Franchise
-
Canada Expansion
Zaxby's Franchise
-
Taste Of Mediterranean Franchise
-
International Expansion
Zaxby's Franchise
-
Taste Of Mediterranean 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 Taste Of Mediterranean

Taste of Mediterranean offers great tasting Mediterranean specialty platters, appetizers, sandwiches, pitas, wraps, pizzas, and salads that customers love! We are proud of our great food. Now we are expanding to bring our delicious business opportunity to communities across Canada, USA and Beyond.As a franchisee, we offer you low start up costs, low franchise fees, and low royalties to help you get started with your successful new venture! We offer all our franchisees full training including business management, food management and cooking training. We offer you lease negotiation assistance and store set-up for a successful launch of your restaurant.