Shane's Rib Shack

At a Glance

Products & Services: Barbecue

Number of Locations: 70

Total Investment: $363K - $558K

Founded: 2002

Began Franchising: 2004

Franchise Units

Year U.S. Canadian International Company Owned
2014 64 0 0 6
2013 67 0 0 4
2012 70 0 0 1
2011 63 0 0 2
2010 64 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Arizona, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, New York, Ohio, South, South Carolina, Southeast, Southwest, Tennessee, Virginia, West Virginia.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $363,000 - $558,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $10,000 off franchise fee
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $75,000
Operations
20% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1.5 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

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