Red Hot & Blue vs Zaxby's Franchise Comparison

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

Start-Up Costs and Fees
  Red Hot & Blue Zaxby's
Investment 380700 - 1000000 343200 - 695200
Franchise Fee 0
Royalty Fee 5% 6%
Advertising Fee 2.87%-5%
Year Founded 1988 1990
Year Franchised 1990 1994
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Red Hot & Blue Zaxby's
Experience Industry 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
  Red Hot & Blue Zaxby's
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Red Hot & Blue Zaxby's
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.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations
Marketing Ad slicks, National media, Regional advertising
Operations 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators)

Expansion Plans
  Red Hot & Blue 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
Red Hot & Blue
Zaxby's
Franchise Fee
Red Hot & Blue
Zaxby's
Royalty Fee
Red Hot & Blue 5%
Zaxby's 6%
Advertising Fee
Red Hot & Blue
Zaxby's 2.87%-5%
Year Founded
Red Hot & Blue 1988
Zaxby's 1990
Year Franchised
Red Hot & Blue 1990
Zaxby's 1994
Term Of Agreement
Red Hot & Blue 20 years
Zaxby's
Renewal Fee
Red Hot & Blue
Zaxby's


Business Experience Requirements
Experience
Red Hot & Blue Industry experience
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
Red Hot & Blue No
Zaxby's No
Start-up Costs
Red Hot & Blue
Zaxby's
Equipment
Red Hot & Blue}
Zaxby's
Inventory
Red Hot & Blue
Zaxby's
Receivables
Red Hot & Blue
Zaxby's
Payroll
Red Hot & Blue
Zaxby's

Training & Support
Training
Red Hot & Blue
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
Red Hot & Blue Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations
Zaxby's
Marketing
Red Hot & Blue Ad slicks, National media, Regional advertising
Zaxby's
Operations
Red Hot & Blue 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators)
Zaxby's

Expansion Plans
US Expansion
Red Hot & Blue
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
Red Hot & Blue
Zaxby's
International Expansion
Red Hot & Blue
Zaxby's