Zaxby's Breaks Into the Top 50 on the Franchise Times Top 400
Tuesday, October 3rd, 2023
The rapidly-growing Georgia-based QSR franchise Zaxby's proudly announces its significant leap on the esteemed 2023 Franchise Times Top 400 list. The leading fast-casual chicken restaurant dedicated to bringing customers "indescribably good" chicken and its unique Zax sauces has broken into the Top 50, impressively moving up 17 positions from last year, securing the 45th spot.
"We are incredibly proud of this remarkable accomplishment," said Bert Lane, Zaxby's Vice President of Development. "Moving up 17 spots in one year is no small feat. It showcases our brand's resilience, adaptability, and the concerted efforts of our entire Zaxby's family. We remain dedicated to our mission and look forward to even more growth and milestones in the coming years."
Zaxby's, known for its standout chicken recipe, experienced systemwide sales of $2.4 billion in 2022 - a 10% year-over-year sales growth rate. Equipped with a new expansion strategy, Zaxby's is on track to surpass 950 units by year-end, with agreements for 35 new locations secured this year. Expanding the brand westward from its southeastern United States origins means more people throughout the country will enjoy Zaxby's indescribably good chicken, like the dippable, shareable Chicken Fingerz™, eight tossing Zax sauces, 12 dipping sauces, and four dressings created for the fresh, prepared-to-order Zalads.
Zaxby's upward movement is especially impressive, considering rising inflation was a major economic factor in 2022. However, quality food, coupled with dedicated franchise owners committed to hard work, community involvement, and a service-oriented culture, underscores the brand's momentum and its growing presence in the competitive fast-casual dining segment.
The Franchise Times Top 400 is an exclusive annual ranking of the largest United States-based franchise systems by global systemwide sales. The project is the result of a five-month research and reporting effort that leads to the most credible and objective franchise ranking available, said Franchise Times Editor-in-Chief Laura Michaels.
he Franchise Times Top 400 list is not only an indication of a brand's sales performance but also serves as an affirmation of its influence, growth potential, and overall market presence. Zaxby's inclusion and notable rank progression fortify its status as a frontrunner in the QSR franchising space.