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Below is an in-depth analysis and side-by-side comparison of Rib Crib Barbecue vs Conway's BBQ Franchise 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 | $75,000 - $145,000 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | - | - |
Year Founded | 1992 | - |
Year Franchised | 2000 | - |
Term Of Agreement | 10 years | 20 years +10+10 |
Term Of Agreement | 10 years | 20 years +10+10 |
Renewal Fee | $5K-10K | - |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Franchisees, and their designated managers must attend and successfully complete the training program. The cost of this initial training is included in your Franchise Fee. Franchisees pay their own costs of transportation, lodging and meals. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op 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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.