Famous Dave's
Barbecue-theme restaurant

About
Founded

1995

Franchising Since

1998 (20 Years)

Corporate Address

12701 Whitewater Dr., #200
Minnetonka, MN 55343

CEO

Christopher O'Donnell

Ticker Symbol

DAVE

Financial Requirements
Initial Investment

$636,750 - $4,239,750

Liquid Cash Requirement

$500,000 - $1,000,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $40,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

Famous Dave's has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Classroom Training:

35 days min.

Additional Training:

Executive/management training at headquarters

Number of Employees Required to Run:

65

Bio
After 25 years spent sampling barbecue across the country and developing his own sauce recipes and smoking techniques, Dave Anderson opened the first Famous Dave's BBQ Shack in Hayward, Wisconsin, in 1994. His Rich & Sassy sauce won first place in 1995 at the American Royal Barbecue Sauce Contest in Kansas City, Missouri. More awards, and more restaurants, followed, and franchising began in 1998.
Cost
Initial Investment: Low - $636,750 High - $4,239,750
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Alabama, Arkansas, California, Connecticut, Louisiana, Massachusetts, Maine, Mississippi, North Carolina, New York, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Washington, Midwest, Northeast, South, Southeast, Southwest, West, Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America, Western Europe
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: April 2nd, 2013
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