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Dickey's Barbecue Pit Restaurants

At a Glance

Products & Services: Pit-smoked barbecue restaurant

Number of Locations: 160

Total Investment: $58K - 393K

Founded: 1941

Began Franchising: 1994

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 152 0 0 8
2010 133 0 0 6
2009 101 0 0 6
2008 81 0 0 6

Startup Costs, Ongoing Fees and Financing

Total Investment: $58,000 - $393,000
Franchise Fee: $15,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $50,000
Operations
58% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed. (65% 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: 3 weeks. At franchisee's location: 2 weeks.
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, National media, Regional advertising,