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Below is an in-depth analysis and side-by-side comparison of Rib Crib Barbecue vs Bennett's Bar-B-Que including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $400,000 - $1,300,000 | $1,200,000 - $2,000,000 |
Franchise Fee | $35,000 | $35,000 |
Royalty Fee | 4% | 3.5% |
Advertising Fee | - | - |
Year Founded | 1992 | 1984 |
Year Franchised | 2000 | 1989 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | $5K-10K | $5K |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad slicks, Regional advertising |
Operations |
Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
In 1992, Bret Chandler remodeled an abandoned home in Tulsa, Oklahoma, turning it into the first Rib Crib restaurant. Though Rib Cribs are no longer located in old homes, they retain the look of a ranch house, complete with Western-themed decor. Rib Crib's menu includes ribs, chicken, ham and appetizers such as potato skins and nachos, available for dining in or catering.
Engelwood, Colorado-based Bennett's Bar-B-Que has operated full and quick-service barbecue restaurants since 1984. At its Western-themed full-service restaurants, the company offers a menu of beef brisket, ribs, pork, chicken, turkey, sausage and side dishes like barbecue beans and coleslaw. The quick-service locations serve select menu items in mall food courts and shopping centers.