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Famous Dave's
- Famous Dave's of America, Inc.
- DAVE
Minnetonka, MN 55343
- (800) 210-4040 x 1343 / (952) 294-1343
- (952) 294-0242 (Fax)
- Mr. Jim Schwitzer, Director Franchise Sales/Development
- [email protected]
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 | 131 | 71.2% |
|---|---|---|
| Company-Owned Units | 53 | 28.8% |
| Total Operating Units | 184 | 100% |
Geographic Distribution
| USA | 177 | 100.0% | In 36 States |
|---|---|---|---|
| Canada | 0 | 0.0% | In 0 Provinces |
| International | 0 | 0.0% | In 0 Foreign Countries |
| Total | 177 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| Minnesota | 21 |
| California | 12 |
| Illinois | 11 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, South Dakota, Virginia, Washington, Wisconsin, District of Columbia
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | Yes |
| Franchisee Association? | Yes, is a 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 |
Ongoing Support
| Central Data Processing | Included |
|---|---|
| Central Purchasing | Included |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | Included |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | Included |
Training
| Varies | 35 Days Minimum |
Financial Requirements
Investment
| Minimum Net Worth | $500K+ |
|---|---|
| Cash Investment | $200K-1.5MM |
| Total Investment | $630K-4.255MM |
| Average Total Investment | $2.4MM |
Fees
| Initial Franchise Fee | $40K |
|---|---|
| Average Franchise Fee | $40K |
| On-Going Royalty | 5% |
| Average Royalty | 5% |
| Advertising Fee | 1% |
Site Information and Requirements
| Average Number of Full-Time Employees | 20 |
|---|---|
| Average Number of Part-Time Employees | 45 |
| Space Needs (in square feet) | 2,400-6,200 |
| Preferred Site Types | Free Standing Building, Strip Center |
| Other Site Types Allowed | End Caps |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 5 |
|---|---|
| General Business Experience | 4 |
| Specific Industry Experience | 5 |
| Formal Education | 3 |
| Psychological Profile | 3 |
| Personal Interviews | 5 |
Terms of Contract
| Term of Initial Contract | 20 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Not Allowed |
| Area Development Agreements? |
Yes, for 0 years |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 9 |
|---|---|
| USA | Yes |
| Canada | Yes |
| Overseas | Yes |
