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Billy Sims BBQ

2014 Franchise 500
#349
At a Glance

Products & Services: Barbecue

Number of Locations: 43

Total Investment: $169.2K - $433.1K

Founded: 2004

Began Franchising: 2008

About Billy Sims BBQ

Named for a former college and professional football player, Billy Sims BBQ was started in 2004 and began franchising in 2008. The company is based in Tulsa, Oklahoma, and most of its restaurants are located in Oklahoma and surrounding states.

Franchise Units

Year U.S. Canadian International Company Owned
2014 42 0 0 1
2013 35 0 0 1
2012 22 0 0 1
2011 15 0 0 2
2010 14 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Arkansas, Michigan, Missouri, Midwest, Oklahoma, Texas.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $169,200 - $433,100
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $170,000
Operations
50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 15. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 weeks. At franchisee's location: 1.5 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #349 (2014), #348 (2013),
Top New: #23 (2013),

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