|
Below is an in-depth analysis and side-by-side comparison of Rib Crib Barbecue vs Hillbilly Heaven including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $400,000 - $1,300,000 | $75,000 - $125,000 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1992 | - |
Year Franchised | 2000 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K-10K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | - | - |
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 |
||
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.
We strongly believe that a Hillbilly Heaven franchise relationship is a recipe for partnered success. We take that very seriously. As a franchise owner, you can count on us to provide all the support you need to be successful in your business. Anyone in a retail-oriented business can tell you, the proper blend of merchandise is critical to profitability � you have to have product that moves. Hillbilly Heaven franchisees will always benefit from the experience of our support team as well as the successes of other franchisees. New products from all over the southern US are imported on a monthly basis and given a thorough retail testing before they ever make it into franchise distribution. Franchisees will never have to take "flyers" on unproven products and wonder if they'll sell. Proven products and everything else you'll need to run your business, are warehoused in Burlington ON. Everything is purchased in large quantities to drive down the cost and those savings are passed on to the franchisees. We have learned that the cost of moving small orders of unique goods erodes profitability, especially on those products that must be imported. To counter this, all Hillbilly Heaven franchisees will have the luxury of ordering stock from a central, company-owned, warehouse. You pay only the freight from the warehouse to your store � a tremendous boost to profitability. In the kitchen, we'll set-up you up with top-of-the-line suppliers, provide you our proprietary seasoning blends and everything else you'll need to produce the best of southern BBQ. Hillbilly Heaven is a complete turn-key operation with a completely outfitted kitchen and shelves fully stocked with merchandise. You'll be ready to do business on your first day of operation. We expect that the majority of our franchise owners will have never run a restaurant before buying their first Hillbilly Heaven. To make the transition easier, we offer incorporation and accounting advice, operations and retail product training, assistance with site and lease negotiation, construction support, and ongoing support from the day you open.