Franchise FAQ

how much does a famous dave's franchise cost

by Antoinette Kunde II Published 2 years ago Updated 1 year ago
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How much does a Famous Dave's franchise cost?

  • Initial Franchise Fee: $45,000
  • Total Investment: $70,500 to $2,145,000
  • Working Capital: $5,000 to $10,000
  • Royalty Fee: 5.0%

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How much does it cost to franchise a Famous Dave's?

$630,000 is the minimum that Famous Dave's expects its owners will need to invest in a new location. The most the franchisor could ask you to invest is $4,100,000 if you want to become a franchisee. Before you become an owner, you will owe the franchisor a franchise fee of $40,000.

Who owns Famous Daves BBQ?

NasdaqMTY Franchising USA, Inc.Famous Dave's/Parent organizations

How many locations does Famous Dave have?

180Famous Dave'sTypeSubsidiaryNumber of locations180Key peopleJeff Crivello, CEOProductsBarbecue ribs, beef brisket, chicken, burgers, soups, salads, dessertsParentBBQ Holdings Nasdaq: BBQ7 more rows

What is the target market for Famous Dave's?

distinctive sauces allow our guests to customize their experience, appealing to many tastes. We believe that our distinctive barbecue concept, combined with our high-quality food, make Famous Dave's appealing to families, children, teenagers and adults of all ages and socio-economic backgrounds.

What kind of meat does Famous Dave's use?

Rubbed with a blend of Dave's secret spices and slow-smoked over hickory 'til it's tender. Seasoned and tossed in your choice of sauce. Tossed in Dave's special seasoning and served with Jalapeno Sweet & Sour Sauce. Char-grilled 100% Natural USDA Ground Beef patty.

What kind of wood does Famous Dave's use?

hickory woodFamous Dave's uses traditional hickory wood for smoking meats because it tends to smolder and burn for the extended time necessary to create great taste.

What smoker does Famous Dave's use?

Dave Anderson (founder of Famous Dave's) spent 20 years perfecting his recipes before even opening his first location. The Mesa Riverview location is home to 2 Camelback Smokers designed by Little Miss BBQ's Scott Holmes and John Ripple.

Is brisket a beef or pork?

beefBrisket is a cut of beef that comes from the lower breast or pectoral muscles of a cow. Because this area is so well-exercised, it makes for quite a tough piece of meat that's full of connective tissue. This is why it's best suited towards a low and slow cooking process.

What does BBQ stand for?

barbecueBBQ is the written abbreviation for barbecue.

Who is the CEO of Famous Dave's?

Edward H. Rensi (Feb 10, 2014–)Famous Dave's / CEO

Who started Famous Dave's?

David W. AndersonFamous Dave's / FounderDave Anderson, founder of Famous Dave's, lives for barbeque. Growing up in Chicago, Dave's passion for ribs began as a young boy when his dad would bring ribs home — the best tasting slow-smoked spareribs from street corner vendors who used 55-gallon smokers filled with charcoal and smoldering green hickory wood.

Where is Famous Dave's headquarters?

Hopkins, MNFamous Dave's / HeadquartersHopkins is a small suburban city in Hennepin County, Minnesota, United States, located west of Minneapolis. Hopkins was the headquarters of Minneapolis-Moline, which was a large manufacturer of tractors and agricultural equipment in the United States until the 1960s. Wikipedia

Is Granite City owned by Famous Dave's?

Famous Dave's parent company just launched its first dual-concept restaurant combining Granite City Brewery and Village Inn in Maple Grove. BBQ Holdings Inc.

Benefits of the Full Service & Fast-Casual Industries

We provide a QSR model, Flex Service, and Full Service models. We will work with Franchise Owners based on their investment level to establish the best model for their market.

FINANCIAL REQUIREMENTS

Our financial requirements are based on the availability of $300K in liquid capital, a net worth of $650K and a credit score of 700 or higher. The franchise fee for one unit is $45,000.

How much does a Famous Dave's franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 90 franchised Famous Dave's locations in the USA.

Who is Famous Dave?

Famous Dave’s was one of the few and first concepts to scale BBQ nationally , founded by the passionate Pitmaster extraordinaire Famous Dave Anderson.

How long did Dave Anderson spend researching BBQ?

In a BBQ love affair, Famous Dave Anderson spent 25 years researching all facets of BBQ, learning from the best Pit Masters and visiting thousands of BBQs across the country.

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