Start-Up Costs and Fees |
||
| Famous Dave's | Conway's BBQ Franchise | |
| Investment | 481750 - 4495750 | 75000 - 145000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1%Nat'l + 1.5% local | |
| Year Founded | 1995 | 0 |
| Year Franchised | 1998 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Famous Dave's | Conway's BBQ Franchise | |
| Experience | * Prefer Ownership/management experience in full service, casual dining restaurants, in or near the desired territories. * Multi unit experience is a big plus. * Single units will be considered depending on market conditions, demographics and other criteria. * If Area Development Agreement is chosen, minimum of three units required to be developed. * Minimum LIQUID net worth of $750,000. * Minimum per unit development costs could range from approx $900,000 to $4,000,000. * Proven commitment to customer service and quality food. | |
Financing Options |
||
| Famous Dave's | Conway's BBQ Franchise | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Famous Dave's | Conway's BBQ Franchise | |
| Training | Franchisees, and their designated managers must attend and successfully complete the training program. The cost of this initial training is included in your Franchise Fee. Franchisees pay their own costs of transportation, lodging and meals. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 84% of all franchisees own more than one unit Number of employees needed to run franchised unit: 65 Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Famous Dave's | Conway's BBQ Franchise | |
| US Expansion | Alabama, Arkansas, California, Connecticut, Louisiana, Massachusetts, Maine, Mississippi, North Carolina, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Washington, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Famous Dave's | |
| Conway's BBQ Franchise | |
| Franchise Fee | |
| Famous Dave's | |
| Conway's BBQ Franchise | |
| Royalty Fee | |
| Famous Dave's | 5% |
| Conway's BBQ Franchise | 6% |
| Advertising Fee | |
| Famous Dave's | 1%Nat'l + 1.5% local |
| Conway's BBQ Franchise | |
| Year Founded | |
| Famous Dave's | 1995 |
| Conway's BBQ Franchise | 0 |
| Year Franchised | |
| Famous Dave's | 1998 |
| Conway's BBQ Franchise | 0 |
| Term Of Agreement | |
| Famous Dave's | 20 years |
| Conway's BBQ Franchise | 20 years +10+10 |
| Renewal Fee | |
| Famous Dave's | 50% of then-current fee |
| Conway's BBQ Franchise | |
Business Experience Requirements |
|
| Experience | |
| Famous Dave's | * Prefer Ownership/management experience in full service, casual dining restaurants, in or near the desired territories. * Multi unit experience is a big plus. * Single units will be considered depending on market conditions, demographics and other criteria. * If Area Development Agreement is chosen, minimum of three units required to be developed. * Minimum LIQUID net worth of $750,000. * Minimum per unit development costs could range from approx $900,000 to $4,000,000. * Proven commitment to customer service and quality food. |
| Conway's BBQ Franchise | |
Financing Options |
|
| Franchise Fees | |
| Famous Dave's | No |
| Conway's BBQ Franchise | No |
| Start-up Costs | |
| Famous Dave's | |
| Conway's BBQ Franchise | |
| Equipment | |
| Famous Dave's} | |
| Conway's BBQ Franchise | |
| Inventory | |
| Famous Dave's | |
| Conway's BBQ Franchise | |
| Receivables | |
| Famous Dave's | |
| Conway's BBQ Franchise | |
| Payroll | |
| Famous Dave's | |
| Conway's BBQ Franchise | |
Training & Support |
|
| Training | |
| Famous Dave's | |
| Conway's BBQ Franchise | Franchisees, and their designated managers must attend and successfully complete the training program. The cost of this initial training is included in your Franchise Fee. Franchisees pay their own costs of transportation, lodging and meals. |
| Support | |
| Famous Dave's | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Conway's BBQ Franchise | |
| Marketing | |
| Famous Dave's | Co-op advertising, Ad slicks, Regional advertising |
| Conway's BBQ Franchise | |
| Operations | |
| Famous Dave's | Franchisees required to buy multiple units/master licenses; 84% of all franchisees own more than one unit Number of employees needed to run franchised unit: 65 Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators) |
| Conway's BBQ Franchise | |
Expansion Plans |
|
| US Expansion | |
| Famous Dave's | Alabama, Arkansas, California, Connecticut, Louisiana, Massachusetts, Maine, Mississippi, North Carolina, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Washington, |
| Conway's BBQ Franchise | |
| Canada Expansion | |
| Famous Dave's | |
| Conway's BBQ Franchise | |
| International Expansion | |
| Famous Dave's | |
| Conway's BBQ Franchise | |