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Updated RecentlyZaxby's vs Miami Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Zaxby's vs Miami Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $343,200 - $695,200 | $175,000 - And Up |
| Franchise Fee | $35,000 | $30,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2.87%-5% | 3% |
| Year Founded | 1990 | - |
| Year Franchised | 1994 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| 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. | Miami Subs Grill's Franchise Program will provide training and support services at our Training Center in Fort Lauderdale, Florida. The training program is designed to cover all facets of operating a Miami Subs Grill franchise; focusing on store operations � both theoretical and practical. |
| Support | - | Our support system includes assistance with site selection, architecture, product development, purchasing, inventory control, marketing, and ongoing operational support. Becoming a Miami Subs Grill franchisee means that everyone will always be part of a great team: in business for yourself, but not by yourself. |
| Marketing | - | Marketing Programs are designed to increase store traffic, create "top of mind" awareness, and build the Miami Subs Grill brand in your area. Each restaurant will be provided access to marketing support from pre-opening through operational stages. Assistance will be provided in the following areas: � Marketing and Advertising � Public Relations � Print Materials � Soft and Grand Opening Assistance � National and Regional Advertising |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
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.
About Miami Grill
Miami Subs Grill is Florida's Largest Regional Sub/Grill Chain. This success has been achieved by a team of dedicated, innovative people who are committed to excellence, pride, loyalty and creative thinking. We are proud to offer our customers the finest choice of meals for any eating occasion. It is our belief that our customers are why we are in business and why our focus on satisfying their needs continues to make us so successful. This decade will be even more fantastic for Miami Subs Grill as we expand operations and add a new presence to our franchise family. Our company's success lies in our dedication to quality, cleanliness, and customer service. This credo is at the very heart of the day-to-day operations of every department within the company and forms the foundation and rationale for everything we do. Supported by our employees, state-of-the-art computerized management and operations systems, and driven by the desire to be the best, Miami Subs Grill is looking forward to a bright future in developing franchisee relationships around the world. Miami Subs Grill is committed to success. We are looking for people who understand and give credence to our vision of providing both an exceptional product and quality service. These individuals will become part of our family, and together, we expect to flourish. Wherever people gather, Miami Subs Grill will be there. It is our mandate.