Start-Up Costs and Fees |
||
| Zaxby's | Cosi Inc | |
| Investment | 343200 - 695200 | 762600 - 899800 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2.87%-5% | 2% |
| Year Founded | 1990 | 0 |
| Year Franchised | 1994 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Zaxby's | Cosi Inc | |
| 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 |
||
| Zaxby's | Cosi Inc | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Zaxby's | Cosi Inc | |
| 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 | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Zaxby's | Cosi Inc | |
| 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 | Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Zaxby's | |
| Cosi Inc | |
| Franchise Fee | |
| Zaxby's | |
| Cosi Inc | |
| Royalty Fee | |
| Zaxby's | 6% |
| Cosi Inc | 5% |
| Advertising Fee | |
| Zaxby's | 2.87%-5% |
| Cosi Inc | 2% |
| Year Founded | |
| Zaxby's | 1990 |
| Cosi Inc | 0 |
| Year Franchised | |
| Zaxby's | 1994 |
| Cosi Inc | 0 |
| Term Of Agreement | |
| Zaxby's | |
| Cosi Inc | 10 years |
| Renewal Fee | |
| Zaxby's | |
| Cosi Inc | |
Business Experience Requirements |
|
| 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. |
| Cosi Inc | |
Financing Options |
|
| Franchise Fees | |
| Zaxby's | |
| Cosi Inc | |
| Start-up Costs | |
| Zaxby's | |
| Cosi Inc | |
| Equipment | |
| Zaxby's} | |
| Cosi Inc | |
| Inventory | |
| Zaxby's | |
| Cosi Inc | |
| Receivables | |
| Zaxby's | |
| Cosi Inc | |
| Payroll | |
| Zaxby's | |
| Cosi Inc | |
Training & Support |
|
| Training | |
| 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. |
| Cosi Inc | |
| Support | |
| Zaxby's | |
| Cosi Inc | |
| Marketing | |
| Zaxby's | |
| Cosi Inc | |
| Operations | |
| Zaxby's | |
| Cosi Inc | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Cosi Inc | Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| Canada Expansion | |
| Zaxby's | |
| Cosi Inc | 0 |
| International Expansion | |
| Zaxby's | |
| Cosi Inc | |