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Home >> Restaurants (Sit-Down) >> Bar-B-Que/Chicken Restaurants
 Famous Dave's 12701 Whitewater Dr., # 200 Minnetonka, MN 55343 |
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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
North America:
States/Provinces with the largest number of operating units:
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
Average Number of Employees: 20 Full-time, 45 Part-time
Space Needs (in square footage): 4,000-6,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites: End-caps
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
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: | 130 | 73.9% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 46 | 26.1% | |||||||||||||||||||||||||||||
Total Operating Units: | 176 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. California | 11 |
| 2. Illinois | 13 |
| 3. Minnesota | 21 |
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 Liq. |
| Cash Investment: | $300K-1.5MM |
| Total Investment: | $905K-4.51MM |
| Average Total Investment: | $2705K |
| Fees: | |
| Initial Franchise Fee: | $40K |
| Average Franchise Fee: | $40K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 1% |
Space Needs (in square footage): 4,000-6,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites: End-caps
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. Varies | 35 Days Minimum | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Famous Dave's.
• Coupons • UFOC |
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