Zaxby's vs Quaker Steak & Lube Franchise Comparison

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

Start-Up Costs and Fees

 
Zaxby's Franchise
Quaker Steak & Lube Franchise
Investment $343,200 - $695,200 $1,800,000 - $3,700,000
Franchise Fee $35,000 $40,000
Royalty Fee 6% 5%
Advertising Fee 2.87%-5% 3%
Year Founded 1990 1974
Year Franchised 1994 1997
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Zaxby's Franchise
Quaker Steak & Lube 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.

Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service


Financing Options

 
Zaxby's Franchise
Quaker Steak & Lube Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/Yes -/-

Training & Support

 
Zaxby's Franchise
Quaker Steak & Lube 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.

Available at headquarters: 8-10 weeks.

Support -

Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing -

Co-op advertising, National media, Regional advertising

Operations - -

Expansion Plans

 
Zaxby's Franchise
Quaker Steak & Lube Franchise
US Expansion Yes Yes
Canada Expansion - -
International Expansion - No

Start-Up Costs and Fees Mobile

Investment
Zaxby's Franchise
$343,200 - $695,200
Quaker Steak & Lube Franchise
$1,800,000 - $3,700,000
Franchise Fee
Zaxby's Franchise
$35,000
Quaker Steak & Lube Franchise
$40,000
Royalty Fee
Zaxby's Franchise
6%
Quaker Steak & Lube Franchise
5%
Advertising Fee
Zaxby's Franchise
2.87%-5%
Quaker Steak & Lube Franchise
3%
Year Founded
Zaxby's Franchise
1990
Quaker Steak & Lube Franchise
1974
Year Franchised
Zaxby's Franchise
1994
Quaker Steak & Lube Franchise
1997
Term Of Agreement
Zaxby's Franchise
-
Quaker Steak & Lube Franchise
-
Renewal Fee
Zaxby's Franchise
-
Quaker Steak & Lube 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.
Quaker Steak & Lube Franchise

Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service


Financing Options

  In-House/3rd Party
Franchise Fees
Zaxby's Franchise
-/-
Quaker Steak & Lube Franchise
-/-
Start-up Costs
Zaxby's Franchise
-/-
Quaker Steak & Lube Franchise
-/-
Equipment
Zaxby's Franchise
-/-
Quaker Steak & Lube Franchise
-/-
Inventory
Zaxby's Franchise
-/-
Quaker Steak & Lube Franchise
-/-
Receivables
Zaxby's Franchise
-/-
Quaker Steak & Lube Franchise
-/-
Payroll
Zaxby's Franchise
-/Yes
Quaker Steak & Lube 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.
Quaker Steak & Lube Franchise

Available at headquarters: 8-10 weeks.

Support
Zaxby's Franchise
-
Quaker Steak & Lube Franchise

Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Zaxby's Franchise
-
Quaker Steak & Lube Franchise

Co-op advertising, National media, Regional advertising

Operations
Zaxby's Franchise
-
Quaker Steak & Lube Franchise
-

Expansion Plans

US Expansion
Zaxby's Franchise
Yes
Quaker Steak & Lube Franchise
Yes
Canada Expansion
Zaxby's Franchise
-
Quaker Steak & Lube Franchise
-
International Expansion
Zaxby's Franchise
-
Quaker Steak & Lube Franchise
No

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 Quaker Steak & Lube

Founded in 1974 in Sharon, Pa., the Award-Winning casual dining restaurant chain has expanded to more than 60 locations throughout the United States and Canada. Quaker Steak & Lube offers the most differentiated decor, including gas station and motoring memorabilia, classic cars, motorcycles and race cars suspended from the ceiling. Voted Best Wings USA, our concept's varied menu has combined craveable food and high-octane events to create a cult-like fan following. With great new franchise territories available, Quaker Steak & Lube offers America's hottest franchise opportunity while winning hundreds of national and international awards for its innovative menu, unique trade dress, jumbo wings and more than 25 signature wing flavors. What We Offer at Quaker Steak & Lube Franchise * Great new franchise territories available around the country * Multiple revenue streams in each location * Multiple building designs * Wide demographic appeal * Fun casual dining environment * Award-Winning menu * Unique trade dress * Over 25 signature wing flavors * Fresh, never frozen, jumbo bone-in wings