Red Robin Gourmet Burgers vs Bagger Daves Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Robin Gourmet Burgers vs Bagger Daves including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Red Robin Gourmet Burgers Franchise
Bagger Daves Franchise
Investment $1,865,000 - $4,115,000N/A
Franchise Fee $35,000N/A
Royalty Fee 4%-
Advertising Fee --
Year Founded 1969-
Year Franchised 0-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Red Robin Gourmet Burgers Franchise
Bagger Daves Franchise
Experience -

Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets.

Financing Options
 
Red Robin Gourmet Burgers Franchise
Bagger Daves Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Red Robin Gourmet Burgers Franchise
Bagger Daves Franchise
Training --
Support --
Marketing --
Operations -

Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required

Expansion Plans
 
Red Robin Gourmet Burgers Franchise
Bagger Daves Franchise
US Expansion NoYes
Canada Expansion No-
International Expansion No-

Company Overviews

About Red Robin Gourmet Burgers

Red Robin Gourmet Burgers was founded in 1969. It is a casual dining restaurant chain that serves up wholesome, fun, feel-good experiences in a family-friendly environment. Red Robin restaurants are famous for serving more than 22 high-quality gourmet burgers in a variety of recipes with Bottomless Steak Fries, as well as salads, soups, appetizers, entrees, desserts, and signature Mad Mixology Beverages. There are more than 360 Red Robin restaurants located across the United States and Canada, which include both corporate-owned locations and those operating under franchise or license agreements.

The initial franchise fee is $35,000. The total investment necessary to begin operation of a RED ROBIN® RESTAURANT ranges from $2,220,000 to $4,115,000 for a freestanding prototype building, or $1,865,000 to $3,635,000 for a standard-size, in-line space prototype or for a mid-size, in-line space prototype.
These ranges include the initial franchise fee of $35,000 that you must pay to the franchisor but does not include the cost of buying, building or renting the restaurant location and the cost to obtain a liquor license.

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About Bagger Daves

Bagger Dave's Franchising Corporation has: *More than 50 years combined experience in restaurant management and operations *Proven track record of aggressively developing multi-unit restaurant systems *Infrastructure in place for the development of the brand and to support the franchisee community *Commitment to guest service, food quality, communication, and support We're looking for experienced restaurant operators to grow the Bagger Dave's burger franchise concept.