Virginia Barbeque

At a Glance

Products & Services: Barbecue

Number of Locations: 7

Total Investment: $81.5K - $221.5K

Founded: 2000

Began Franchising: 2004

Franchise Units

Year U.S. Canadian International Company Owned
2014 7 0 0 0
2013 8 0 0 0
2011 14 0 0 2
2010 16 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $81,500 - $221,500
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $30,000
Operations
Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is allowed. (75% 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: 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,

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