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Famous Dave's
12701 Whitewater Dr. # 200
Minnetonka, MN 55343
800#: (800) 210-4040 + 1343
Tel: (952) 294-1343
Fax: (952) 294-0242
E-Mail: [email protected]
Web Site: www.famousdaves.com
Contact: Mr. Jim Schwitzer, Dir. Franchise Sales & Developmen
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. The company currently has 86 franchised units and 39 Company-owned units, operating in 32 states.
Franchisor Background
Established: 1994
First Franchise: 1998
Franchise Units: 88
Company-Owned Units: 40
Total Units: 128
Distribution:
U.S. -- 128;
Canada -- 0;
International -- 0
-North America -- Operations in 33 States
-States/Provinces with Greatest Density: 19 in MN, 13 in IL, 10 in WI
Projected New Units Over Next 12 months: 25
Franchisee Qualifications: 5, 4, 5, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: All States Except RI (Click here for an explanation)
Average Number of Employees: 20 FT, 45 PT (FT = Full Time, PT = Part Time)
Space Needs: 6,200 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $300K-1.0MM
Total Investment: $972K-4.0MM
Average Total Investment: $2,486.0K
Minimum Net Worth: $750K
Fees:
-Franchise: $40K
-Average Franchise Fee: $40.0K
-Royalty: 5%/$5K/Mo.
-Average Royalty: 5.0%
-Advertising: 1% Mktg.Fee
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 20/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 78
On-Going Support: A,B,C,D,E,G,H,I (Click here for an explanation)
Training: Varies. 35 Days Minimum.
Franchisor's Specific Expansion Plans
U.S.: Selected States
Canada: Will Consider
Overseas: Will consider
Note: NR = No Response by Franchisor.
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