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Below is an in-depth analysis and side-by-side comparison of Le Biftheque vs Bandana'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 | N/A | $418,000 - $1,100,000 |
Franchise Fee | $40,000 | $40,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | - |
Year Founded | 1981 | 1996 |
Year Franchised | 1989 | 2004 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | 50% of current franchise 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | * Available at headquarters: 5 weeks * At franchisee's location: 10 days * As needed |
Support | - | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives * Ad slicks * Regional advertising |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Le Biftheque restaurants, with over a quarter of a century of experience, are renowned for exceptional meals at unparalelled value. We age and cut our beef in our own retail butcher shops, allowing us to offer our guests the complete steakhouse experience. With banquet and meeting facilities, we can accommodate every corporate and private need.
The tradition began in September of 1996 when our first Bandana's
BAR-B-Q opened in Arnold, Missouri. Our mission remains the same, to
provide the best Southern Style BAR-B-Q, with exceptionally quick
service, in a friendly, family atmosphere. Our real wood pit smokers
operate 24 hours a day, which is why you can "SMELL THAT SMOKE" every
time you come to Bandana's BAR-B-Q.