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Below is an in-depth analysis and side-by-side comparison of Bobby Rubino's Place For Ribs vs Colter's Bar-B-Q 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 | $995,000 |
Franchise Fee | $25,000 - $50,000 | $30,000 |
Royalty Fee | 4% | 4% |
Advertising Fee | - | 1% |
Year Founded | 1978 | 1983 |
Year Franchised | 1980 | 1994 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | No/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 | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.