Are you thinking about investing in Zaxby’s Franchise but first, want to know about the profitability of the franchise? If yes, then you are at the correct place.
In this article, we are going to discuss how much does a Zaxby’s franchise owner make and other points that define the profitability of Zaxby’s franchises. So, keep reading to learn more.
What Is Zaxby’s?
Zaxby’s is a casual fast-food restaurant that is known for its lip-smacking chickens. They have an incredible menu that includes wings, sandwiches, salads, and so on.
In 1990, Zach McLeroy and Tony Townley established Zaxby’s in Georgia.
In 1994, they opened their first Zaxby’s restaurant outside of Georgia in Bowling Green, Kentucky. And as of today, it has more than 900 locations in the U.S. Zaxby’s offers a quick license for dining restaurants to the entrepreneur who wants to serve the best chicken to customers.
Moreover, Zaxby’s never demands any prior experience to buy its franchise, and also, they give training programs to all the new franchisees and support them.
How Much Does A Zaxby’s Franchise Owner Make?
As per data, the average sales of Zaxby’s restaurant was around $1.996 billion annually in 2020. As per our estimates, an individual unit’s average sale is around $2,121,147.
So, Zaxby’s franchise owner can make around $190,000 before paying administrative costs.
What Is Zaxby’s Known For?
As per QSR magazine, Zaxby’s was ranked 25th position in the list of top 50 chains in the quick-service and fast-casual industries.
Zaxby’s came with the concept of serving indescribably good chicken and the unrivaled flavor of Zax sauce.
These are the following cuisine for which Zaxby’s is mainly known for:
- Chicken Fingerz.
- Fried Pickles.
- Boneless Wings.
- Kicken Chicken Sandwich.
- The Blue Zalad.
- Fried White Cheddar Bites.
- The Nibbler.
- Spicy Fried Mushrooms.
Zaxby’s is not only known for its chicken, but its menu also offers a lot of different cuisines.
And one of the best things about Zaxby’s is their sauces, their honey mustard, and ketchup that has a creamy texture; they have more than 15 different signature sauces.
Pros & Cons Of Zaxby’s Franchise
Pros of Zaxby’s Franchise
- Big name in the country
- Annual Conference
- High profitability
- Provide training & support system
Cons of Zaxby’s Franchise
- Long Training period
- High-cost of investment
- External Competition is high
- No global presence
Is Zaxby’s Franchise Profitable?
Yes, Zaxby’s franchise is a profitable franchise. As per record, Zaxby’s annual sales is incredible, and if we compare the sales from the past year, we can see that sales is continuously growing, which directly contributes to profit.
The profit margin is around 8.5%, and it is a decent ratio which shows that profit is higher.
Moreover, Zaxby’s has a big name nationwide and is continuously expanding its units. However, Zaxby’s requires a high-cost investment to open a franchise, but you can still make a higher profit from it because the profit is always proportional to investment.
In simple terms, more investment can make more profit. So, all the aspect of the profitability of Zaxby’s franchise has green flags.
As per our estimates, you can make a 27% return annually on your investment.
As we discussed above, Zaxby’s is a casual fast-food restaurant offering a franchise opportunity without any prior experience.
But their policy have some criteria like the franchisees shouldn’t have any criminal background and records and no history of extensive litigation.
If you have any criminal records and litigation, you are not eligible for the Zaxby’s franchise.
Zaxby’s has a bit rigid policy, so you have to face some struggles while buying the Zaxby’s franchise, but after opening, you can make a great amount of profit.
For getting more details, you can read Franchise Disclosure Document. All the details are mentioned in FDD related to the franchise.
Frequently Asked Questions
How much does it cost to own the Zaxby franchise?
An initial investment required to open the Zaxby’s Franchise is $284,000- $664,300.
How much profit does the Zaxby's franchise make?
An individual Zaxby’s franchise owner can make around $190,000 as a profit.
How many Zaxby's franchises are there?
Zaxby’s has more than 900 units across the U.S.
Amit Gupta is the founder of DrFranchises. He has a keen interest in investments, and has thus far invested in a few franchises. Franchise businesses are his forte- he knows all there is to know about their space requirements, fees, ROI potential, and business models. This makes him an ideal candidate for anyone looking to invest in a franchise