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Virginia Barbeque

Virginia Barbeque is a quick service restaurant franchise with the most simple systems for operating our restaurants. Our low initial investments and small (1,500 avg. sq. ft.) locations keep fixed costs down. Virginia Barbeque has been named as Best Barbeque in all regions we have locations, Richmond and Fredericksburg areas of Virginia.

Franchisor Background

Year Established:

2000

Franchising Since:

2004

Operating Units:
Franchised Units:	15	88.2%
Company-Owned Units:	2	11.8%
	______	_____
Total Operating Units:	17	100%

Geographic Distribution:
U.S.:	17	100%	In 1 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	17	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Virginia	7

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$125K
Cash Investment:	$25K
Total Investment:	$36-202K
Average Total Investment:	$119K

Fees:
Initial Franchise Fee:	$15K
Average Franchise Fee:	$15K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	2%

Average Number of Employees:

4 Full-time, 3 Part-time

Space Needs (in square footage):

1,200-1,500

Preferred Sites:

Strip Center, Regional Mall

Other Sites:

Encourage Conversions?

Not Applicable

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	3
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No

Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. Richmond, VA	2 Weeks

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	3

Minority Representation

Units Owned by Minorities:
African-American:	N/A
Asian-American:	N/A
Hispanic:	N/A
Native American:	N/A
Other:	N/A
Specific Minority:	N/A

Terms of Contract

Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: