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Below is an in-depth analysis and side-by-side comparison of Famous Dave's vs McFarland's Barbecue & Brew including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $481,750 - $4,495,750 | $370,577 - $577,339 |
Franchise Fee | $45,000 | $35,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 1%Nat'l + 1.5% local | - |
Year Founded | 1995 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | 50% of then-current fee | - |
Business Experience Requirements |
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Experience | * Prefer Ownership/management experience in full service, casual dining restaurants, in or near the desired territories. * Multi unit experience is a big plus. * Single units will be considered depending on market conditions, demographics and other criteria. * If Area Development Agreement is chosen, minimum of three units required to be developed. * Minimum LIQUID net worth of $750,000. * Minimum per unit development costs could range from approx $900,000 to $4,000,000. * Proven commitment to customer service and quality food. | - |
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/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | During our six week training program, your team will spend three weeks of hands-on and intensive classroom training at multiple stores in the Nashville area. Two certified trainers will assist you in opening your store. Follow-up compliance and support visits will be made throughout the year. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 84% of all franchisees own more than one unit Number of employees needed to run franchised unit: 65 Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators) | Although it is not necessary that you work daily in your business, it is essential that working on your business is consistent and perpetual. Additionally, having an Operating Partner who maintains a 5% equity in the operation of your business is required if you do not intend on managing and controlling your business on a daily basis. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
McFarland's Barbecue & Brew, first and foremost is about The World's Best Barbecue Since 1950! If you are considering a possible McFarland's Barbecue & Brew franchise we want you to know why McFarland's: * Family Lunch & Dinners (All Day Dining) * 3 Different Revenue Streams - Dine In, Take Out, Craft Beer Bar. * Franchisee Friendly Management Team (Good people who are all about supporting our franchisee family) * Low Investment to get started (Our start-up cost average a lot less than the current big dinner house barbecue chains that currently exist) * National Food Purchasing Power (Buying Power like the big boys) * National Store Build-Out & Equipment Purchasing Program (Buying Power like the big boys) * National Architectural Group to Manage Project (Turnkey Project Management for a worry free experience) * Extensive McFarland's Barbecue & Brew University (You will have the support from day one) * BRAND DEVELOPMENT 24/7- (Brand is all what makes business happen) * Access to Executive Management Team at all times (Friendly Support Team) * Territories still available - Single Store & Multiple Store Opportunities Available ( Timing is Everything!) We offer single store agreements and also offer multiple store opportunities.