Franchise Summary
Description
The franchised business being offered is Fazoli's®, a premium fast-casual Italian food restaurant, which can be operated as a freestanding restaurant, smaller in-line end-cap unit, nontraditional location (colleges, airports, truck stops), or a delivery-only “ghost kitchen”. (Cover page cite: "Fazoli’s Franchising Systems, LLC is offering a franchise to operate a Fazoli’s® restaurant (“Restaurant”). This offering covers the following types of Fazoli’s restaurants: (1) a freestanding restaurant typically located on shopping center out parcels; (2) smaller in-line end-cap unit locations in shopping centers; (3) a nontraditional location at venues such as colleges and universities, airports and truck stops; and (4) a delivery-only “ghost kitchen”.")
Company Background
Fazoli's is a quick-service restaurant chain specializing in Italian food. The company offers lunch and dinner, catering services, and take out options for customers to enjoy at home. Fazoli's believes that "eating should be an enjoyable experience" so they offer fast service with quality ingredients and homemade recipes.
Franchise Opportunity
Owning a restaurant can be a lucrative and rewarding business venture, but it's also a lot of hard work. The restaurant industry is incredibly competitive, with only the fittest businesses surviving. Restaurants need to have a unique concept that sets them apart from the competition, as well as offer excellent customer service and top-notch food quality. Fazoli's is an award-winning Italian restaurant chain that has been in business for over 25 years. We offer our franchisees world-class training and support, as well as a proven system that has resulted in over $1 billion in sales. With over 220 restaurants operating across 29 states, Fazoli's is a tried and true brand that you can trust.
Corporate Structure
The franchisor is Fazoli’s Franchising Systems, LLC, a Delaware limited liability company, formed in October 2006, that began franchising Fazoli’s Restaurants in October 2006. The Fazoli's brand and franchise system originated with its predecessor in 1991. Its principal business address is 2470 Palumbo Drive, Lexington, Kentucky 40509-1117. Its indirect parent company is Fazoli’s Group, Inc.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Quick Service Restaurants (QSR) Industry$1,173,134 / unit
Franchise Type: Standard
Average Revenue During 2019
Franchise Types Available
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Employee Contact Database
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Distribution of Fazoli's Franchisees
Fazoli's Franchise System Development in 2024
FAQ
How much investment do I need to start my own Fazoli's business?
Franchisees typically require at least $1,638,000 to $2,641,000 investment to get their Fazoli's business started
What are the initial franchise fees for Fazoli's?
Franchisees typically need to pay at least $112,000 in fees directly to Fazoli's in order to earn the right to launch their business
How much money can I make with a Fazoli's franchise? What are
the average revenues for a typical Fazoli's business?
We estimate that the average revenue of an individual
Fazoli's unit is approximately
$1,173,134. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Fazoli's unit? What
is my contractual commitment?
Fazoli's franchisees are typically required to sign up to a
15 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$1,638,000 to $2,641,000
which is
Much Higher
than the $0 to $0 average in the Quick Service Restaurants (QSR) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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