Zaxbys offers quick casual dining restaurants. The franchise features an upscale menu consisting primarily of chicken fingers, buffalo wings, salads, sandwiches, and promotional features, complemented by unique Zaxbys-brand sauces.
Key Insights
- Zaxby's originated from a passion for creating a unique chicken wing experience, evolving into a recognized name in casual dining. The business focuses on its signature chicken fingers, wings, and sandwiches, served in a fun, retro-themed atmosphere, with a strong emphasis on customer service and quality ingredients.
- The franchise operates on a multi-unit model, with a significant presence across numerous states, catering to a broad customer base seeking flavorful and convenient meal options. It emphasizes efficient kitchen operations and a streamlined ordering process to ensure consistent delivery of its popular menu items.
- Zaxby's participates in the fast-casual restaurant sector, a segment known for its growth and appeal to consumers seeking a step up in quality and dining experience from traditional fast food. This industry segment thrives on offering fresh, prepared-to-order meals in a welcoming environment.
Franchise Fee and Costs to Open
Exploring the financial picture of Zaxby's gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $1,445,000 - $3,810,500, along with a franchise fee of $35,000 - $35,000.
Financial Performance and Revenue
Yearly gross sales of $2,710,374 and estimated earnings of $325,245 - $406,557 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 7.7-9.7 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Zaxby's provides comprehensive training for new franchisees. This program offers in-depth instruction on restaurant operations. Initial training spans approximately four weeks and takes place at Zaxby's corporate training facility. Zaxby's also offers a wealth of resources to support your business journey, guiding you through essential aspects of establishing and running your Zaxby's franchise.
Legal Considerations
Legal considerations for a Zaxby's franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Navigating the local market for a Zaxby's franchise involves understanding competitor presence and consumer preferences. Operational complexities can arise from managing staff, maintaining service speed, and ensuring food quality consistency. Dependence on established supply chains for key ingredients requires careful planning and risk assessment to ensure consistent product availability.
Franchise Datasheet
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