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Entrepreneur: Start & Grow Your Business

Virginia Barbeque

Quick-service barbecue restaurant

Background

Founded: 2000 Franchising since: 2004
1814 Country Rd.
Beaverdam, Virginia 23015-9567
Phone:
(800)429-9965


Franchisor has 4 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 12 0 0 2
2007 9 0 0 1
2006 7 0 0 1
2005 3 0 0 1

Where Seeking Franchisees
In the U.S. United states
Worldwide

Exclusive territories available.
Territory size: Presently all available

Costs and Fees

Total investment: $88.5K-265K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $30K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 6
  • Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 1 week

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • National media
  • Regional advertising