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Below is an in-depth analysis and side-by-side comparison of Virginia Barbeque vs Old Carolina Barbecue Co. 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 | $309,800 - $687,000 |
Franchise Fee | $15,000 | $25,000 - $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 0.5% |
Year Founded | 2000 | 2006 |
Year Franchised | 2004 | 2012 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - |
International Expansion | No | - |
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.
A passion for great barbecue inspired two former high school buddies to start a competition barbecue team in 2003. Travels across the country led us to discover the rich traditions of Carolina-style barbecue. During many road trips across the region, second and third generation pitmasters shared their closely guarded secrets and decades old recipes. It wasn't long before those recipes started earning Old Carolina trophies on the barbecue circuit. Best sauce. Best ribs. Best pulled pork. Fans of Old Carolina demanded a regular outpost they could visit every day of the week. And, in 2006, the first Old Carolina Barbecue Company restaurant opened in Massillon, OH. If you have tasted our food, you know that our concept is not just about barbecue. It's about great barbecue. If you have a passion to deliver that in your home market, we'd love to hear from you.