Rib Crib Barbecue Franchise

Barbecue restaurant

In 1992, Bret Chandler remodeled an abandoned home in Tulsa, Oklahoma, turning it into the first Rib Crib restaurant. Though Rib Cribs are no longer located in old homes, they retain the look of a ranch house, complete with Western-themed decor. Rib Crib's menu includes ribs, chicken, ham and appetizers such as potato skins and nachos, available for dining in or catering.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Rib Crib Barbecue, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Rib Crib Barbecue website.

How much does it cost to open a Rib Crib Barbecue Franchise ?

The investment required to open a Rib Crib Barbecue Franchise is between $400,000 - $1,300,000 . There is an initial franchise fee of $35,000 which grants you the license to run a business under the Rib Crib Barbecue name.

Individual Franchise Costs

  • Initial Investment:
    $400,000 -
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    4%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $5K-10K

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

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

Rib Crib Barbecue Growth History

When did the first Rib Crib Barbecue open? 1992
When did Rib Crib Barbecue start Franchising ? 2000

Year U.S.A. Canada International Corporate
2004 12 0 0 19
2003 9 0 0 20
2002 0 0 0 0
2001 0 0 0 19
2000 0 0 0 17

Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Industry experience General business experience Marketing skills

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,



Your income potential as a Rib Crib Barbecue Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your oper_ation costs and increasing the quality of your products and or services. Each month your oper_ating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the ext, you _may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

Rib Crib Barbecue Franchise Opportunity viewed times by investors.
 

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