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Updated RecentlyVirginia Barbeque vs Madisons New York Grill & Bar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Virginia Barbeque vs Madisons New York Grill & Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $81,500 - $221,500 | $175,000 - $500,000 |
| Franchise Fee | $15,000 | $30,000 - $40,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | - |
| Year Founded | 2000 | 0 |
| Year Franchised | 2004 | 0 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Regional advertising | - |
| 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) | |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | No |
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 Madisons New York Grill & Bar
Madisons, an immediate reference to the Big Apple. The city that never rests, characterizes patterns, form where everything happens. Madisons is putting forth it to its visitors in an inviting stylistic theme, brimming with life and complexity while never going over the edge.
To appreciate a Top quality steak, matured for no less than 28 days for streamlined delicacy and taste, consummately barbecued, Madisons is the place.
Our popular Babyback ribs, only from pork raised actually without included hormones or anti-infection agents, are so delicate the meat litterally fall of the bones.
Mind boggling plates of mixed greens, crisp fish, extraordinary sandwiches and a bar with its own feeling are the same number of more motivations to appreciate Madisons.
Consistently, committed proprietors and workers convey on our guarantee;
The vibe great Steakhouse!