Start-Up Costs and Fees |
||
| Indigo Joe's | Zaxby's | |
| Investment | 1200000 - 1300000 | 343200 - 695200 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1.50% | 2.87%-5% |
| Year Founded | 1994 | 1990 |
| Year Franchised | 2002 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Indigo Joe's | 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 |
||
| Indigo Joe's | Zaxby's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Indigo Joe's | Zaxby's | |
| Training | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. | 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 | Indigo Joe's provides on-going operational support through their field service representatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Indigo Joe's | 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Indigo Joe's | |
| Zaxby's | |
| Franchise Fee | |
| Indigo Joe's | |
| Zaxby's | |
| Royalty Fee | |
| Indigo Joe's | 5% |
| Zaxby's | 6% |
| Advertising Fee | |
| Indigo Joe's | 1.50% |
| Zaxby's | 2.87%-5% |
| Year Founded | |
| Indigo Joe's | 1994 |
| Zaxby's | 1990 |
| Year Franchised | |
| Indigo Joe's | 2002 |
| Zaxby's | 1994 |
| Term Of Agreement | |
| Indigo Joe's | 10 years +10 |
| Zaxby's | |
| Renewal Fee | |
| Indigo Joe's | $10K |
| Zaxby's | |
Business Experience Requirements |
|
| Experience | |
| Indigo Joe's | |
| 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 | |
| Indigo Joe's | No |
| Zaxby's | No |
| Start-up Costs | |
| Indigo Joe's | |
| Zaxby's | |
| Equipment | |
| Indigo Joe's} | |
| Zaxby's | |
| Inventory | |
| Indigo Joe's | |
| Zaxby's | |
| Receivables | |
| Indigo Joe's | |
| Zaxby's | |
| Payroll | |
| Indigo Joe's | |
| Zaxby's | |
Training & Support |
|
| Training | |
| Indigo Joe's | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. |
| 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 | |
| Indigo Joe's | Indigo Joe's provides on-going operational support through their field service representatives |
| Zaxby's | |
| Marketing | |
| Indigo Joe's | Co-op advertising, Ad slicks, Regional advertising |
| Zaxby's | |
| Operations | |
| Indigo Joe's | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Zaxby's | |
Expansion Plans |
|
| US Expansion | |
| Indigo Joe's | |
| 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 | |
| Indigo Joe's | |
| Zaxby's | |
| International Expansion | |
| Indigo Joe's | |
| Zaxby's | |