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What is the franchise fee?
What is royalty fee for franchise?
How long is a franchise agreement?
Do franchisors have in-house financing?
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Fazoli's Franchise Costs & Fees
Fazoli's is a fun, fast Italian alternative for people who are on-the-go every day. We are a system of more than 250 restaurants, and are proud to be cooking up food that's fun - food with sauce! Fazoli's is a great value and the smart dining solution our guests can feel good about for their family and friends.
Fazoli's Menu With Prices (Updated: October 2022)
Fazoli’s was founded in 1988 in Lexington, Kentucky, by Jerrico, Inc., which at that time also owned Long John Silver’s restaurants. The company quickly expanded through the 90s and currently has over 215 restaurants in 26 states.
How much does a Fazoli franchise cost?
How much does a Fazoli's franchise cost? Fazoli's has a franchise fee of up to $30,000, with a total initial investment range of $558,000 to $1,339,000. Royalty Fee: 4.0%.
How many franchise locations do they have?
As of the 2015 Franchise Disclosure Document, there are 164 franchised Fazoli's locations in the USA.
When did they begin franchising?
They began franchising in 2006. The average Pizza franchise began franchising in 2006.
About Franchise
The QSR industry is a very crowded space filled with burgers, chicken and tacos. So, how do you stand out? Well, by eliminating the competition altogether and creating your own category. At Fazoli’s, the premier QSR Italian concept, we do things differently. It starts with offering what we call the elevated QSR experience.
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What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
What is royalty fee for franchise?
This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How many Fazoli's are there in the US?
There are over 210 Fazoli’s restaurants located in 27 states across the US with most locations in the Midwest and Southeast.
What is Fazoli's brand?
In a world that has replaced personal connections with digital social networks, Fazoli’s is a brand that empowers togetherness for friends and families.
How long does it take to open a Fazoli's?
From the time of signing a development agreement to opening your first Fazoli’s restaurant is typically 12-16 months, depending on a number of factors, such as site availability.
When did Fazoli open?
The first Fazoli’s opened in 1988 in Lexington, KY.
Is Fazoli's Italian?
Fazoli’s is the only brand that offers a real Italian dining experience for hardworking people who want a break from ordinary fast food, but without spending more. Fazoli’s appeals to anyone who is looking to enjoy an Italian meal with dynamic menu options, and families who appreciate convenient, high quality food for a great value. We truly are Italian, for the people!
Is Fazoli's a QSR?
At Fazoli’s, we distinguish ourselves in a space often crowded with sandwiches, burritos, burgers, and fries. Fazoli’s is the largest QSR Italian restaurant in the country. Guests won’t get the welcoming dining experience, exceptional food quality or great value anywhere else. Our franchises thrive because Fazoli’s has figured out ways to outperform their franchised and less sophisticated non-franchised competitors with our successful, elevated QSR business model.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
What is royalty fee for franchise?
This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
