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  Home  >>  Restaurants (Sit-Down)  >>  Bar-B-Que/Chicken Restaurants




Famous Dave's
12701 Whitewater Dr. Suite 200
Minnetonka, MN 55343


Submit an online form to receive information from Famous Dave's.
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Business Description

FAMOUS DAVE'S develops, owns, operates and franchises barbecue-style restaurants. We feature award-winning barbecued and grilled meats and other unique menu items in a fun environment.

Franchisor Background

Year Established:  1994

Franchising Since:  1998

Operating Units:

Franchised Units:

124

73.4%
Company-Owned Units:4526.6%
 
Total Operating Units:
169
100.0%
 
Geographic Distribution:
U.S.:169100%In 34 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
169
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Minnesota22
2. Illinois13
3. California11

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $750K
Cash Investment:$300K-1MM
Total Investment:$1.2-3.9MM
Average Total Investment:$2533K
 
Fees:
Initial Franchise Fee:$40K
Average Franchise Fee:$40K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:1%
 
Average Number of Employees: 20 Full-time, 45 Part-time

Space Needs (in square footage): 6,000

Preferred Sites: Free-standing Building, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:5
Formal Education:3
Psychological Profile:3
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:20 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 81
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 
Marketing Support:
Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Direct Mailers, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
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. Varies35 Days Minimum
 
Expansion Plans
 
Projected New Units Over Next 12 months: 23

U.S.:

Yes
Canada:Yes
Overseas:Yes
Submit an online form to receive information from Famous Dave's.
    Coupons
    UFOC