FDD Year-over-Year Comparison
Zaxby's FDD: What Changed from 2025 to 2026
The 2026 Zaxby's FDD moves the Item 7 estimated initial investment range from $1,445,000–$3,810,500 to $1,460,000–$3,810,500, and the system grows from 969 to 1,005 outlets year-over-year. Both filings include an Item 19 financial performance representation.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $1,445,000 | $1,460,000 | +$15,000 (+1.0%) |
| High end of range | $3,810,500 | $3,810,500 | unchanged |
| Full range | $1,445,000–$3,810,500 | $1,460,000–$3,810,500 | |
The 2026 filing puts the Item 7 estimated initial investment at $1,460,000–$3,810,500, versus $1,445,000–$3,810,500 in the 2025 filing. The low end moves by +$15,000 (+1.0%) and the high end is unchanged.
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change |
|---|
| Total outlets (Item 20) | 969 | 1,005 | +36 (+3.7%) |
Zaxby's reports 1,005 outlets in the 2026 FDD, versus 969 in the 2025 filing (+36 (+3.7%)).
Item 19 — Financial Performance Representations
Zaxby's included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open a Zaxby's franchise change in the 2026 FDD?
The 2026 FDD for Zaxby's states an Item 7 estimated initial investment of $1,460,000–$3,810,500, against $1,445,000–$3,810,500 in the 2025 filing. The low end moves from $1,445,000 to $1,460,000 (+$15,000 (+1.0%)).
How many locations does Zaxby's have?
The 2026 FDD for Zaxby's reports 1,005 outlets in Item 20, against 969 in the 2025 filing — 36 more.
Does Zaxby's disclose financial performance in its FDD?
Zaxby's included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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