Franchise FAQ

how much rib franchise

by Ruby Dietrich DDS Published 1 year ago Updated 1 year ago
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Facts & Figures
Liquid capital required$250,000
Net worth required$1,000,000
Investment$1,000,000 - $1,300,000
Franchise fee$400,000

Full Answer

What is Shane's rib shack?

How long is a franchise agreement?

Does Shane’s Rib Shack offer financing?

Do I receive training by Shane’s Rib Shack?

Can I sell my franchise?

Will I receive assistance in finding a suitable location for my Shane’s Rib Shack restaurant?

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About this website

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How much does it cost to open a ribcrib restaurant?

The development cost range is: Small Format (counter service or table service): $250K - $750K Mid-size Format (table service): $370K - $1.35MM

How many locations does RibCrib have?

We may have over 60 locations, but RibCrib started with a single smoker next to a shack and Bret’s love of mouthwatering ‘cue. That love is what made RibCrib successful; we look for people that share that love. It’s also what keeps our culture alive. BBQ is casual, fun, and generous. There’s something universal about great ribs and good times. At RibCrib, we work hard to ensure everyone is treated like family and nobody leaves hungry.

How long is RibCrib management training?

The RibCrib Management Training Program smokes any other program like it. With our 10-12 week program (may be less for experienced operators), we’ve trained over 450 managers; we graduate more than 30 new managers from our program each year.

What is ribrib marketing?

RibCrib utilizes a fully integrated marketing campaign each year with television, digital, social, and promotional materials. This includes materials for LTOs and recurring promotions, such as RibFest.

When did Bret start RibCrib?

Bret founded RibCrib in 1992 with a smoker, five meats, and two sides. Once he started smokin’those ribs, Tulsans couldn’t get enough. As RibCrib has grown, he’s worked to build a team of passionate BBQ fanatics like himself that keep RibCrib’s culture alive and successful and keep RibCrib pointed in the right direction.

Where was the first ribcrib?

In 1992, Bret Chandler started the first RibCrib in Tulsa, Oklahoma, with nothing but a smoker, a shack and a recipe for mouthwatering BBQ. In that shack, a retrofitted old house, Bret offered a choice of five meats and two side options. Turned out that small menu and humble location, along with RibCrib’s signature hickory wood-smoked flavor, was all Bret needed to keep the customers coming back for more. So when Bret wanted to serve his “craveable”, raving fan-creating BBQ he knew the place had to be neighborly and welcoming. He believed keeping it fun and friendly and all about that homegrown feeling was the secret sauce of barbecue.

When did RibCribs open?

We will help you during site selection, construction, and training. We’ve built several RibCribs since we first opened for business in 1992 and we’ve gotten the process down to a sweet science. We also offer ongoing marketing and operations support. We’re with you every step of the way.

What Does a Shane's Rib Shack Franchise Cost?

To buy a franchise with Shane's Rib Shack, you'll need to have at least $200,000 in liquid capital and a minimum net worth of $500,000. They also offer financing via 3rd party. *

What is Shane's Rib Shack?

Shane's Rib Shack is all about having fun! We are looking for Franchise Owners who are outgoing and have Sales, Marketing and/or Management Experience, who are results oriented. A person who can build relationships. lead a team and who has the motivation to excel! Restaurant experience a plus but not required.

Rib Crib Barbecue Franchise Opportunities – History

Rib Crib Barbecue was founded in 1992 by Bret Chandler, who opened the first Rib Crib in Tulsa, Oklahoma, using a hickory wood-burning smoker in an old house. Today there are more than 50 locations in the chain, each one featuring a hickory wood-burning rotisserie smoker.

Rib Crib Barbecue Business Opportunities: Other Information

Rib Crib Barbecue has been listed in the Restaurant Business ‘Top 50 Growth Chains,’ and was listed as one of the best places to work byChain Leader magazine.

How much does it cost to franchise a BBQ?

A $20,000 fee is required for a BBQ restaurant franchise. And the total initial investment ranges from $256,360 to $440,045.

What is a barbecue franchise?

Barbecue franchises include fast casual, quick service, home style diners, carry-outs and fresh takes on the classic Texas joint serving brisket and other meats on butcher paper — not to mention food truck franchises. Did you know there’s even a white Alabama BBQ sauce you can find at some places? Here are our top choices for BBQ franchises:

How long has Bar B Cutie been in business?

Bar-B-Cutie SmokeHouse has been in the barbecue industry for 70 years. The food is made using old fashioned slow roasting methods. And restaurants have a flexible footprint, with some including drive-thrus and interior dining options. The franchise opportunities are perfect for anyone with an entrepreneurial spirit and history managing people.

How many locations does L&L have?

Founded in 1952, the Honolulu based company has been franchising since 1990 and now has more than 200 locations. It is an especially prominent brand name in Hawaii. But there are franchises across the United States and a few international ones as well. In addition to serving food at each location, the company also provides catering for an additional revenue stream.

Is barbecue a niche?

While there are plenty of mom-and-pop barbecue joints, barbecue franchises are still considered a niche, albeit a growing niche in restaurants. The combination of meats grilled over a slow fire along with rubs and sauces containing complex favors, can prove irresistible to diners and business owners alike. Enterprising entrepreneurs will seek ...

Where is Billy Sims Barbecue located?

Billy Sims Barbecue is a franchise business founded by former NFL and college football player Billy Sims. The first location opened in Tulsa, Oklahoma in 2004. And now there are more than 50 locations across six states. So there are plenty of locations open for development across the United States.

Does Virginia have a barbecue?

Louis style ribs to North Carolina barbecue sandwiches. The company currently just has a couple of restaurants in Virginia. But it’s looking to grow into new markets by working with interested franchise owners. Restaurant and management experience is preferred. But the company teaches new franchisees what they need to know to get started.

What is Shane's rib shack?

Shane’s Rib Shack is an organization with dedicated professionals seeking to make your business a success.

How long is a franchise agreement?

10 year Franchise Agreements are awarded to qualified franchisees. We are prepared to commit to a long-term relationship with you.

Does Shane’s Rib Shack offer financing?

Shane’s Rib Shack will recommend SBA and lending programs, however, we do not offer direct financing. Qualified prospective franchisees, as Shane’s Rib Shack franchisees, may be able to obtain a loan from a third party institution. The loan amount may vary in respect to the applicant’s credit history, the liquid assets value of the applicant, as well as the cash amount used by the qualified prospective franchisee as its direct contribution to the total in estimate in the franchise.

Do I receive training by Shane’s Rib Shack?

Yes, our current training program consists of hands-on experience in operating a Shane’s Rib Shack at one of our Corporate locations. This covers all facets of operating the Shane’s Rib Shack business. A Shane’s Rib Shack representative will then assist you at the opening of your first restaurant.

Can I sell my franchise?

Yes. As in any other business, your business can be sold. Shane’s Rib Shack must approve the buyer and there will be a transfer fee to cover the legal and training costs.

Will I receive assistance in finding a suitable location for my Shane’s Rib Shack restaurant?

Yes. While it is each franchisee’s contractual responsibility to find a suitable location, Shane’s Rib Shack representatives will voluntarily assist you in this process. We will collectively review all available options and approve a location that is mutually agreed upon and meets our criteria.

What is Shane's rib shack?

Shane’s Rib Shack is an organization with dedicated professionals seeking to make your business a success.

How long is a franchise agreement?

10 year Franchise Agreements are awarded to qualified franchisees. We are prepared to commit to a long-term relationship with you.

Does Shane’s Rib Shack offer financing?

Shane’s Rib Shack will recommend SBA and lending programs, however, we do not offer direct financing. Qualified prospective franchisees, as Shane’s Rib Shack franchisees, may be able to obtain a loan from a third party institution. The loan amount may vary in respect to the applicant’s credit history, the liquid assets value of the applicant, as well as the cash amount used by the qualified prospective franchisee as its direct contribution to the total in estimate in the franchise.

Do I receive training by Shane’s Rib Shack?

Yes, our current training program consists of hands-on experience in operating a Shane’s Rib Shack at one of our Corporate locations. This covers all facets of operating the Shane’s Rib Shack business. A Shane’s Rib Shack representative will then assist you at the opening of your first restaurant.

Can I sell my franchise?

Yes. As in any other business, your business can be sold. Shane’s Rib Shack must approve the buyer and there will be a transfer fee to cover the legal and training costs.

Will I receive assistance in finding a suitable location for my Shane’s Rib Shack restaurant?

Yes. While it is each franchisee’s contractual responsibility to find a suitable location, Shane’s Rib Shack representatives will voluntarily assist you in this process. We will collectively review all available options and approve a location that is mutually agreed upon and meets our criteria.

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