Start-Up Costs and Fees |
||
| Damon's | Rib Crib Barbecue | |
| Investment | 1200000 - 3200000 | 400000 - 1300000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | 4% |
| Advertising Fee | ||
| Year Founded | 1979 | 1992 |
| Year Franchised | 1982 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Rib Crib Barbecue | |
| Experience | Industry experience | Industry experience General business experience Marketing skills |
Financing Options |
||
| Damon's | Rib Crib Barbecue | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Damon's | Rib Crib Barbecue | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op advertising, Ad slicks, Regional advertising |
| Operations | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Damon's | Rib Crib Barbecue | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Damon's | |
| Rib Crib Barbecue | |
| Franchise Fee | |
| Damon's | |
| Rib Crib Barbecue | |
| Royalty Fee | |
| Damon's | 4% |
| Rib Crib Barbecue | 4% |
| Advertising Fee | |
| Damon's | |
| Rib Crib Barbecue | |
| Year Founded | |
| Damon's | 1979 |
| Rib Crib Barbecue | 1992 |
| Year Franchised | |
| Damon's | 1982 |
| Rib Crib Barbecue | 2000 |
| Term Of Agreement | |
| Damon's | 10 years |
| Rib Crib Barbecue | 10 years |
| Renewal Fee | |
| Damon's | |
| Rib Crib Barbecue | $5K-10K |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Rib Crib Barbecue | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Rib Crib Barbecue | No |
| Start-up Costs | |
| Damon's | |
| Rib Crib Barbecue | |
| Equipment | |
| Damon's} | |
| Rib Crib Barbecue | |
| Inventory | |
| Damon's | |
| Rib Crib Barbecue | |
| Receivables | |
| Damon's | |
| Rib Crib Barbecue | |
| Payroll | |
| Damon's | |
| Rib Crib Barbecue | |
Training & Support |
|
| Training | |
| Damon's | |
| Rib Crib Barbecue | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Rib Crib Barbecue | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Rib Crib Barbecue | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Damon's | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Rib Crib Barbecue | Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Damon's | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Rib Crib Barbecue | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Damon's | |
| Rib Crib Barbecue | |
| International Expansion | |
| Damon's | |
| Rib Crib Barbecue | |