LEXINGTON, Ky. —Fast-casual chain, Fazoli’s, is launching an aggressive franchise development program in the U.S.
“If ever there was a time to be a Fazoli’s franchisee, it is now. We’re outperforming the industry in sales per unit and have an exceptionally good franchise model,” said Carl Howard, president, CEO of Fazoli’s. “Ideal candidates are franchisees of other concepts who cannot add more chicken or burger restaurants to their portfolio. Fazoli’s is the perfect complement to those brands.”
In August, the brand’s franchisees continued their same-store sales streak, up 6.3 per cent over last August. For the year, franchisee sales are up 6.4 per cent. New franchisees are eligible for discounts of up to $20,000 off the initial $30,000 franchise fee. Royalties have been cut to two per cent from four per cent for the first year, and to three per cent for the second year. Vendor fees also will be discounted for the first 12 months.
