- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$363K - $558K
- Units as of 2014
-
70
Company Overview
About Shane's Rib Shack
Industry | Food |
---|---|
Related Categories | Miscellaneous Quick-Service Restaurants |
Founded | 2002 |
Corporate Address |
829 Fairways Ct., #200 Stockbridge, GA 30281 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2004 (20 years) |
---|---|
# of employees at HQ | 20 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 70 (as of 2014) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Shane's Rib Shack franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,000 |
---|---|
Initial Investment
|
$363,000 - $558,000 |
Net Worth Requirement
|
$150,000 |
Cash Requirement
|
$75,000 |
Veteran Incentives
|
$10,000 off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 1.5 weeks |
---|---|
Classroom Training | 2 weeks |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
No |
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