Famous Dave's of America, Inc., widely recognized as Famous Dave's, is a distinguished chain of barbecue restaurants that has established a strong presence, particularly in the Midwest.
The chain was founded by Dave Anderson in 1994, in Hayward, Wisconsin, and has seen substantial growth since its inception. The company is headquartered in Minnetonka, Minnesota, which acts as the operational hub for its numerous locations.
The restaurant chain is celebrated for its genuine barbecue offerings, featuring signature dishes such as barbecue ribs, beef brisket, chicken, burgers, soups, salads, and desserts.
These menu items are prepared with a steadfast commitment to authenticity and quality, distinguishing Famous Dave's from its competitors. The brand's dedication to excellence is underscored by its collection of over 700 awards for its barbecue, showcasing the exceptional taste and quality that patrons have come to expect.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Famous Dave’s offers 2 types of franchises:
We are summarizing below the main costs associated with opening a Famous Dave’s® Restaurant (if you purchase the land and building).
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Training Overview: Famous Dave’s provides an extensive training program designed to equip franchisees with the essential knowledge and skills needed to successfully manage their restaurant. This program utilizes a variety of teaching methods to ensure comprehensive learning.
Mandatory Attendees: A minimum of four individuals must participate and complete the initial training. This includes the franchisee's Operating Principal, the General Manager, and at least two to four members of the franchisee’s management team, with the exact number based on the restaurant's size as specified by Famous Dave’s.
Training Curriculum: The program encompasses a broad spectrum of subjects, including sales strategies, product familiarization, accounting practices, food preparation, and operations management.
Training Venue and Schedule: Training takes place at locations designated by Famous Dave’s. Management Staff must commence training 60 to 75 days before the planned opening of the franchisee’s restaurant.
Training Costs: Franchisees are responsible for covering all associated costs, including salaries, benefits, travel, and other expenses for their Management Staff during the training period.
Franchisees are provided a defined area known as the "Territory." This Territory typically includes one or more cities or market regions and is marked by roadways, county lines, natural or man-made landmarks, or other identifiers set by Famous Dave’s. The Territory's boundaries are established using these identifiers.
Before signing the Area Development Agreement, a detailed description of the Territory is given, and a map of the Territory may be included. The size of the Territory and the number of Famous Dave’s Restaurants to be developed within it are based on the Territory's population and market potential.
The determination of the Territory takes into account various elements such as demographics, economic conditions, business climate, competition, and other pertinent factors.
KEY FRANCHISE STATS
All you need to know about this franchise
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Below are some of
Famous Dave’s
key competitors in the
Steakhouse & Grill
sector.
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$45,000
$465,000
$4,511,000
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$2,707,000
$xxx,xxx
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