Start-Up Costs and Fees |
||
| Western Sizzlin | Zaxby's | |
| Investment | 811000 - 2300000 | 343200 - 695200 |
| Franchise Fee | ||
| Royalty Fee | 3% | 6% |
| Advertising Fee | 2.87%-5% | |
| Year Founded | 1962 | 1990 |
| Year Franchised | 1965 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Western Sizzlin | 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 |
||
| Western Sizzlin | Zaxby's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Western Sizzlin | 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, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Ad slicks | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Western Sizzlin | Zaxby's | |
| US Expansion | Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Western Sizzlin | |
| Zaxby's | |
| Franchise Fee | |
| Western Sizzlin | |
| Zaxby's | |
| Royalty Fee | |
| Western Sizzlin | 3% |
| Zaxby's | 6% |
| Advertising Fee | |
| Western Sizzlin | |
| Zaxby's | 2.87%-5% |
| Year Founded | |
| Western Sizzlin | 1962 |
| Zaxby's | 1990 |
| Year Franchised | |
| Western Sizzlin | 1965 |
| Zaxby's | 1994 |
| Term Of Agreement | |
| Western Sizzlin | 20 years |
| Zaxby's | |
| Renewal Fee | |
| Western Sizzlin | |
| Zaxby's | |
Business Experience Requirements |
|
| Experience | |
| Western Sizzlin | |
| 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 | |
| Western Sizzlin | No |
| Zaxby's | No |
| Start-up Costs | |
| Western Sizzlin | |
| Zaxby's | |
| Equipment | |
| Western Sizzlin} | |
| Zaxby's | |
| Inventory | |
| Western Sizzlin | |
| Zaxby's | |
| Receivables | |
| Western Sizzlin | |
| Zaxby's | |
| Payroll | |
| Western Sizzlin | |
| Zaxby's | |
Training & Support |
|
| Training | |
| Western Sizzlin | |
| 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 | |
| Western Sizzlin | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Zaxby's | |
| Marketing | |
| Western Sizzlin | Ad slicks |
| Zaxby's | |
| Operations | |
| Western Sizzlin | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Zaxby's | |
Expansion Plans |
|
| US Expansion | |
| Western Sizzlin | Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, 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 | |
| Western Sizzlin | 0 |
| Zaxby's | |
| International Expansion | |
| Western Sizzlin | |
| Zaxby's | |