Start-Up Costs and Fees |
||
| Conway's BBQ Franchise | Famous Dave's | |
| Investment | 75000 - 145000 | 481750 - 4495750 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1%Nat'l + 1.5% local | |
| Year Founded | 0 | 1995 |
| Year Franchised | 0 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Conway's BBQ Franchise | Famous Dave's | |
| 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 |
||
| Conway's BBQ Franchise | Famous Dave's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Conway's BBQ Franchise | Famous Dave's | |
| 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 |
||
| Conway's BBQ Franchise | Famous Dave's | |
| 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 | |
| Conway's BBQ Franchise | |
| Famous Dave's | |
| Franchise Fee | |
| Conway's BBQ Franchise | |
| Famous Dave's | |
| Royalty Fee | |
| Conway's BBQ Franchise | 6% |
| Famous Dave's | 5% |
| Advertising Fee | |
| Conway's BBQ Franchise | |
| Famous Dave's | 1%Nat'l + 1.5% local |
| Year Founded | |
| Conway's BBQ Franchise | 0 |
| Famous Dave's | 1995 |
| Year Franchised | |
| Conway's BBQ Franchise | 0 |
| Famous Dave's | 1998 |
| Term Of Agreement | |
| Conway's BBQ Franchise | 20 years +10+10 |
| Famous Dave's | 20 years |
| Renewal Fee | |
| Conway's BBQ Franchise | |
| Famous Dave's | 50% of then-current fee |
Business Experience Requirements |
|
| Experience | |
| Conway's BBQ Franchise | |
| 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. |
Financing Options |
|
| Franchise Fees | |
| Conway's BBQ Franchise | |
| Famous Dave's | |
| Start-up Costs | |
| Conway's BBQ Franchise | |
| Famous Dave's | |
| Equipment | |
| Conway's BBQ Franchise} | |
| Famous Dave's | |
| Inventory | |
| Conway's BBQ Franchise | |
| Famous Dave's | |
| Receivables | |
| Conway's BBQ Franchise | |
| Famous Dave's | |
| Payroll | |
| Conway's BBQ Franchise | |
| Famous Dave's | |
Training & Support |
|
| Training | |
| 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. |
| Famous Dave's | |
| Support | |
| Conway's BBQ Franchise | |
| Famous Dave's | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Conway's BBQ Franchise | |
| Famous Dave's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Conway's BBQ Franchise | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Conway's BBQ Franchise | |
| Famous Dave's | Alabama, Arkansas, California, Connecticut, Louisiana, Massachusetts, Maine, Mississippi, North Carolina, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Washington, |
| Canada Expansion | |
| Conway's BBQ Franchise | |
| Famous Dave's | |
| International Expansion | |
| Conway's BBQ Franchise | |
| Famous Dave's | |