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Famous Dave's

2012 Franchise 500
#212
At a Glance

Products & Services: Barbecue-themed restaurant

Number of Locations: 183

Total Investment: $630.25K - 4.23M

Founded: 1995

Began Franchising: 1998

Public Owned DAVE

Franchise Units

Year U.S. Canadian International Company Owned
2011 131 0 0 52
2010 122 0 0 53
2009 130 0 0 46
2008 123 0 0 47
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Arkansas, California, Connecticut, Louisiana, Massachusetts, Maine, Mississippi, Midwest, North Carolina, Northeast, New York, Pennsylvania, Rhode Island, South, South Carolina, Southeast, Southwest, Texas, Vermont, West, Washington.
Franchisor is seeking new units in Canada, Mexico.

Startup Costs, Ongoing Fees and Financing

Total Investment: $630,250 - $4,225,750
Franchise Fee: $30,000 - $40,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Liquid Cash Available: $500,000 - $1,000,000
Operations
84% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 65. Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 35 days min.. Executive/management training at headquarters : 4 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #212 (2012), #372 (2011), #245 (2010), #216 (2009), #192 (2008),
America's Top Global: #166 (2012), #167 (2008),

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