Zaxby's

Zaxby's

Information based on 2024 FDD

Food & Beverage · Fried Chicken

Investment min
$1M
Total: $1M–$3M
Avg gross revenue
$3M
Unit-level, 2024
Franchise fee
$35K
Per current disclosure
Royalty
6%
of gross revenue
Locations
796
Franchising since 1994

Description

What is Zaxby's?

Zaxby's has established itself as a beloved quick-service restaurant chain specializing in premium chicken offerings since its founding in 1990. Known for their signature Chicken Fingerz™, wings, sandwiches, and fresh-made Zalads™, Zaxby's delivers a distinctive Southern-inspired dining experience that sets it apart from traditional fast-food establishments.

What truly distinguishes Zaxby's is their commitment to quality and flavor. Their famous Zax Sauce®, a proprietary blend that has developed a cult following, perfectly complements their hand-breaded chicken items. The menu offers versatility with options ranging from traditional wings tossed in various signature sauces to grilled items for health-conscious customers.

The restaurant's atmosphere combines casual dining comfort with quick-service convenience, featuring a rustic interior design that pays homage to Southern hospitality. Their commitment to customer service is evident through consistently positive feedback about their friendly staff and efficient operations.

Zaxby's has successfully carved out a unique position in the competitive chicken restaurant segment by focusing on premium ingredients, generous portions, and a diverse menu that caters to various dietary preferences. Their innovative approach to fast-casual dining includes creative limited-time offerings and seasonal menu items that keep customers coming back.

As a franchise system, Zaxby's demonstrates strong operational support and brand consistency across their locations, while maintaining the welcoming, community-focused atmosphere that has become their hallmark. Their continued expansion across the United States speaks to the enduring appeal of their business model and the strong consumer demand for their distinctive flavor profile.
  • 30+ years proven operational history
  • 941 locations demonstrate system stability
  • Strong southeastern market brand recognition
  • Premium fast-casual positioning advantage
  • Established supply chain infrastructure
  • Comprehensive training and support systems

Location Analysis

Where Zaxby's wins

Zaxby's demonstrates strong regional presence across multiple states, with significant market penetration concentrated primarily in the Southeast. The brand maintains a robust presence across several key southeastern states including North Carolina, Georgia, Tennessee, Florida, and Virginia, establishing a strong core market in the region. This geographic clustering suggests effective supply chain management and strong brand recognition in these markets.

The franchise's concentration in southeastern states indicates a strategic focus on markets where Southern-style quick-service dining resonates strongly with local preferences. Key success factors include locations near high-traffic areas, suburban communities, and college towns where the brand's chicken-focused menu appeals to diverse demographic groups.

Expansion opportunities exist in both existing and adjacent markets, particularly in underserved areas of current operating states. The brand's proven success in college markets and suburban areas suggests potential for growth in similar demographics across the Mid-Atlantic and Midwest regions. Ideal locations feature strong daytime population density, median household incomes above $50,000, and proximity to retail centers or educational institutions.

Prospective franchisees should focus on sites with high visibility, easy access, and strong dinner daypart traffic patterns. The brand's established presence in core markets provides competitive advantages through supply chain efficiency and regional brand recognition, while newer markets offer first-mover advantages in the premium quick-service chicken segment.
Total US locations
941
Franchise units
796
Corporate locations
145
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Zaxby's

Avg gross revenue$2,721,224
Investment range$1,406,700 – $3,323,200
Investment midpoint$2,364,950
Brand fund1.5%
Royalty6%
Franchise fee$35,000
Min. net worth
Min. liquid capital
Zaxby's requires a substantial investment of $1.4M to $3.3M, positioning it as a premium franchise opportunity that significantly exceeds the fried chicken sub-sector averages of $693K-$1.6M. This elevated investment reflects the brand's full-service restaurant model with extensive kitchen equipment, dining facilities, and drive-through infrastructure requirements. Prospective franchisees typically need liquid capital of $750K-$1M and net worth exceeding $2M, making this suitable for well-capitalized investors or experienced multi-unit operators.

The fried chicken segment benefits from strong consumer demand for convenient comfort food, with fast-casual concepts experiencing robust growth. Zaxby's reported gross revenue of $2.7M substantially outperforms the sub-sector average of $943K, indicating strong unit-level performance within a mature system of 941 locations established since 1990.

The franchise's 30+ year operational history demonstrates proven system stability and brand recognition, particularly in southeastern markets. This maturity provides franchisees with established operational procedures, supply chain relationships, and marketing infrastructure. However, the premium investment level requires careful market analysis and demographic targeting toward middle-to-upper income consumers.

Ideal candidates include experienced restaurant operators or business professionals with significant liquid capital seeking a established brand in growing markets. The complex operational model demands hands-on management or experienced general managers. Multi-unit development opportunities exist for qualified investors, though market saturation in core territories may limit expansion potential. Thorough FDD review and market analysis remain essential for investment evaluation.
Did you know? Did you know that launching your own Zaxby's chicken finger and wing franchise - famous for their signature sauces and Southern hospitality - requires a total investment ranging from $1,406,700 to $3,323,200, which covers everything from the $35,000 franchise fee to equipment, buildout, and working capital needed to bring those craveable chicken meals to your community?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$1M–$3M
Most common
$1,406,700
Minimum
$2,364,950
Midpoint
$3,323,200
Maximum

Per FDD Item 7, total initial investment ranges from $1,406,700 to $3,323,200. The midpoint $2,364,950 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$3M$2M$2M$1M$600KN/A
$3M
$3M
$3M
2022
2023
2024
Avg
$3M
YOY change (2023 -> 2024)
+4%

According to Item 19 of the Franchise Disclosure Document, Zaxby's has an average gross revenue of $3M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+2% YoY
1,5001,2009006003000
2017
2018
2019
2020
2021
2022
2023
2024
941 units open as of 2024 FDD+19 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Zaxby's's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Zaxby's franchise typically ranges between $1,406,700.00 and $3,323,200.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Zaxby's
Zaxby's
$3M avg revenue · 796+ US franchises

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