Virginia Barbeque vs BD's Mongolian Barbeque Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Virginia Barbeque vs BD's Mongolian Barbeque including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Virginia Barbeque Franchise
BD's Mongolian Barbeque Franchise
Investment $81,500 - $221,500$881,000 - $2,276,500
Franchise Fee $15,000$45,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 20001992
Year Franchised 20041996
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -50% of fee at time of renewal


Business Experience Requirements
 
Virginia Barbeque Franchise
BD's Mongolian Barbeque Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Virginia Barbeque Franchise
    BD's Mongolian Barbeque Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoNo/Yes
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Virginia Barbeque Franchise
    BD's Mongolian Barbeque Franchise
    Training -Company certified training restaurant
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations
    Marketing Co-op advertising, Regional advertisingCo-op advertising, Ad slicks, National media
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 6

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    		 Franchisees required to buy multiple units/master licenses; 60% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 75 - 100

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Virginia Barbeque Franchise
    BD's Mongolian Barbeque Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Virginia Barbeque

    Richard Ivey, the founder of Virginia Barbeque, has been a Certified Executive Chef since 2003, with over 30 years of experience in the restaurant industry. Richard's goal was to create a business that would not only create his success, but create a business that he could share to help others do the same. His desire for "success larger than life" compelled him to create the Virginia Barbeque franchise system. Richard also wanted to create a lifestyle that worked for owners, staff and customers. Operational hours are generally from 11 a.m. to 9 p.m. Our model has been specifically designed to be family friendly to our customers and the franchise owner. Virginia Barbecue offers financial opportunity, freedom, and quality of life to those who desire success while offering a superior product to consumers.

    About BD's Mongolian Barbeque

    BD's Mongolian Barbeque is the world's number one Create Your Own Stir-Fry restaurant concept where the guests choose their own ingredients from a great variety of meats, seafood, vegetables, salads, sauces and spices. The food is then prepared by master grillers on a 600 degree 7-foot grill. Since 1992, has been delivering a unique, interactive dining experience that sets us apart from the competition. has created a growing band of loyal customers that believe passionately about their ability to take charge of their own dining event. We call this our "You Rule the Experience" philosophy. The guests don't just like bd's, they "love it" as they feel they can take ownership of their own dining experience.

    The total investment necessary to begin operation of a bd’s Mongolian Grill® Restaurant is $881,000 to $2,276,500. This includes $45,000 to $65,000 that must be paid to the franchisor or an affiliate.
    Development fees for Area Development Agreements are $45,000 for the first restaurant plus $10,000 for each additional restaurant that you agree to develop under the terms of the franchisor’s development schedule. These amounts will be credited against the payment of your initial franchise fees for each restaurant that you develop.