Fazoli’s Extends Franchise Sales Incentive Program

New franchisees offered discounts on fees, royalties amid strong sales and franchise growth.

March 05, 2013 // Franchising.com // Lexington, Ky. - Premium quick-service restaurant Fazoli’s, recently rated #2 overall among large national fast food chains in the prestigious Zagat Survey, is extending its franchise incentive program an additional nine months to the end of 2013. New franchisees can save at least $30,000 on a single new unit. Franchisees opening multiple units under an area development agreement can save up to $50,000 per unit. The program combines reduced franchise fees and royalty discounts for new and converted traditional, freestanding and inline units.

“Since the beginning of the year, we have seen a significant uptick in interest from prospective franchisees,” said Craig Sherwood, vice president of Franchise Development. “These candidates are responding to the economic upturn and better lending environment, and they are recognizing that Fazoli’s offers a very unique, competitive QSR opportunity.” The brand has reported 10 consecutive quarters of same-store sales growth, recently expanded into travel centers and opened an all-new prototype design. “Guests have noticed that Fazoli’s has dramatically raised the bar in the premium QSR segment, with higher quality food, enhanced service and a contemporary new design,” Sherwood added. “Now, potential franchisees also are responding to the ‘whole new Fazoli’s.’”

The incentives improve with level of commitment and were created, in part, to encourage development of multiple units in a single market. The initial $30,000 franchise fee can be reduced to $20,000 for the first new restaurant and to $10,000 for a second one. The franchise fee can be waived entirely for the third and additional units. Also, the first $20,000 in royalties can be waived for each unit opened. Agreements must be signed by Dec. 31, 2013, and the units must be opened on a specified schedule.

Incentives are subject to the complete rules and eligibility requirements of the program at the time an agreement is signed. Program details are available upon completion and review of a franchise application. Visit http://fazolis.com/franchising for more information.

About  Fazoli’s

An American family favorite for more than 20 years, Fazoli’s is America’s largest Italian quick-service chain with approximately 200 restaurants. Owned by Sun Capital Partners, it is expanding in markets throughout the country.

SOURCE  Fazoli’s

Contact:

Brad Ritter
Tell Your Story.
Brad Ritter Communications
Los Angeles ?Columbus
866 284 2170
www.bradritter.com

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

The Joint Corp.
The Joint® Chiropractic is reinventing chiropractic care. Our vision is to become the largest, most respected provider of chiropractic services...
WineStyles Tasting Station
Turn your passion for wine, craft beer and gourmet food into a rewarding business opportunity. WineStyles Tasting Station is the largest wine...
Dogtopia
Dogtopia® is your one-stop shop for award-winning dog daycare, boarding and spa services.
All American Steakhouse and Sports Theater
The All American concept is not only what the consumer is looking for, it’s what they are craving—great quality food with signature steaks in a...
Club Pilates
Are you looking for an opportunity to explore other paths in your life? Are you trying to change things up or find something that offers you more...

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)