Billy Sims BBQ
At a Glance
Products & Services: Quick-service barbecue restaurant
Number of Locations: 17
Total Investment: $155.7K - 344.1K
Founded: 2004
Began Franchising: 2008
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 15 | 0 | 0 | 2 |
| 2010 | 14 | 0 | 0 | 3 |
| 2009 | 0 | 0 | 0 | 3 |
| 2008 | N/A | N/A | N/A | 5 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Arkansas, Michigan, Missouri, Midwest, Oklahoma, Texas.
Arkansas, Michigan, Missouri, Midwest, Oklahoma, Texas.
Startup Costs, Ongoing Fees and Financing
Total Investment: $155,700 - $344,100
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $100,000
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).| Financing Type | In-House | Third Party |
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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,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
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