Famous Dave's

At a Glance

Products & Services: Barbecue-theme restaurant

Number of Locations: 187

Total Investment: $636.8K - $4.2M

Founded: 1995

Began Franchising: 1998

About Famous Dave's

After 25 years spent sampling barbecue across the country and developing his own sauce recipes and smoking techniques, Dave Anderson opened the first Famous Dave's BBQ Shack in Hayward, Wisconsin, in 1994. His Rich & Sassy sauce won first place in 1995 at the American Royal Barbecue Sauce Contest in Kansas City, Missouri. More awards, and more restaurants, followed, and franchising began in 1998.

Franchise Units

Year U.S. Canadian International Company Owned
2012 133 1 0 53
2011 131 0 0 52
2010 122 0 0 53
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 Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $636,750 - $4,239,750
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).
Direct Capital
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®: #187 (2013), #212 (2012), #372 (2011), #245 (2010),
America's Top Global: #161 (2013), #166 (2012),

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