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Below is an in-depth analysis and side-by-side comparison of Bobby Rubino's Place For Ribs vs Bar-B-Cutie including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $200,000 - $645,200 | $266,986 - $2,080,491 |
Franchise Fee | $25,000 - $50,000 | $35,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1978 | 1950 |
Year Franchised | 1980 | 2003 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $5K |
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/No | No/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | On-The-Job Training: 250 hours Classroom Training: 50 hours |
Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | No |
Canada Expansion | No | No |
International Expansion | Yes | No |
The first Bobby Rubino's Place for Ribs opened in Ft. Lauderdale, Florida, in 1978. The company began franchising two years later and was soon making ribs for customers across the United States. In 1986, Bobby Rubino's opened its first international location in Chijmes, Singapore.