Start-Up Costs and Fees |
||
| Black Bear Diners | Zaxby's | |
| Investment | 1133800 - 2114200 | 343200 - 695200 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 6% |
| Advertising Fee | 1% | 2.87%-5% |
| Year Founded | 1995 | 1990 |
| Year Franchised | 2002 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Black Bear Diners | Zaxby's | |
| 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 |
||
| Black Bear Diners | Zaxby's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Black Bear Diners | Zaxby's | |
| Training | On-The-Job Training: 240 hours Additional Training: At certified training restaurants | 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. |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | |
| Operations | Number of Employees Required to Run: 65 | |
Expansion Plans |
||
| Black Bear Diners | Zaxby's | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Black Bear Diners | |
| Zaxby's | |
| Franchise Fee | |
| Black Bear Diners | |
| Zaxby's | |
| Royalty Fee | |
| Black Bear Diners | 4.50% |
| Zaxby's | 6% |
| Advertising Fee | |
| Black Bear Diners | 1% |
| Zaxby's | 2.87%-5% |
| Year Founded | |
| Black Bear Diners | 1995 |
| Zaxby's | 1990 |
| Year Franchised | |
| Black Bear Diners | 2002 |
| Zaxby's | 1994 |
| Term Of Agreement | |
| Black Bear Diners | |
| Zaxby's | |
| Renewal Fee | |
| Black Bear Diners | |
| Zaxby's | |
Business Experience Requirements |
|
| Experience | |
| Black Bear Diners | |
| Zaxby's | 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 |
|
| Franchise Fees | |
| Black Bear Diners | |
| Zaxby's | |
| Start-up Costs | |
| Black Bear Diners | |
| Zaxby's | |
| Equipment | |
| Black Bear Diners} | |
| Zaxby's | |
| Inventory | |
| Black Bear Diners | |
| Zaxby's | |
| Receivables | |
| Black Bear Diners | |
| Zaxby's | |
| Payroll | |
| Black Bear Diners | |
| Zaxby's | |
Training & Support |
|
| Training | |
| Black Bear Diners | On-The-Job Training: 240 hours Additional Training: At certified training restaurants |
| Zaxby's | 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. |
| Support | |
| Black Bear Diners | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform |
| Zaxby's | |
| Marketing | |
| Black Bear Diners | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Zaxby's | |
| Operations | |
| Black Bear Diners | Number of Employees Required to Run: 65 |
| Zaxby's | |
Expansion Plans |
|
| US Expansion | |
| Black Bear Diners | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Zaxby's | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Black Bear Diners | |
| Zaxby's | |
| International Expansion | |
| Black Bear Diners | |
| Zaxby's | |