Zaxby's Franchise Opportunities
Zaxby's offer chicken fingers, wings, sandwiches and salads. The company was founded by childhood friends Zach McLeroy and Tony Townley in Statesboro, Georgia, in 1990. They also provides franchise opportunities. As of 2018, Zaxby's operates 574 franchises in the United States.
How to open a Zaxby's franchise?
- Ensure you have adequate capitalization.
In order to open a Zaxby's franchise, you must have a net worth of more than $284,000.
- Appreciate the investment required for a restaurant franchise.
You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Zaxby's franchise owner.
- Assess market availability.
You will want to look at the market availability for Zaxby's franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Zaxby's franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Zaxby's franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does Zaxby's franchise cost?
Zaxby's has the franchise fee of up to $35,000, with total initial investment range of $284,000 to $664,300.
Initial investments: $284,000 - $664,300
Net-worth Requirement: $700,000
Liquid Cash Requirement: $400,000
Initial Franchise Fee: $35,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 2.5-5%
Zaxby's Franchise Info: https://www.zaxbysfranchising.com
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