Famous Dave's

Founded: 1995 Franchising since: 1998

12701 Whitewater Dr., #200 Minnetonka, Minnesota 55343

Phone: (952)294-1300 Franchisee Association Franchise Advisory Board

Franchisor is a publicly-held company with 75 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	130	0	0	46
2008	123	0	0	47
2007	111	0	0	41
2006	97	0	0	41
2005	80	0	0	38

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, California, Connecticut, Louisiana, Massachusetts, Maine, Mississippi, North carolina, New york, Pennsylvania, Rhode island, South carolina, Texas, Vermont, Washington

Exclusive territories available.
Territory size: Varies by radius and population

Total investment: $905K-4.2M Franchise fee: $40K

Ongoing royalty fee: 1.5-5% Term of agreement: 20 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Cash liquidity requirement: $750K
Business Experience:

• Industry experience
• General business experience
• Marketing skills

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)

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 500® rank:
#216 (2009); #192 (2008); #177 (2007); #195 (2006); #198 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2005;

America's Top Global Franchises:
#167 (2008); #136 (2007);