Damon's vs Virginia Barbeque Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Damon's vs Virginia Barbeque including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Damon's Franchise
Virginia Barbeque Franchise
Investment $1,200,000 - $3,200,000$81,500 - $221,500
Franchise Fee $50,000$15,000
Royalty Fee 4%6%
Advertising Fee --
Year Founded 19792000
Year Franchised 19822004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements

 
Damon's Franchise
Virginia Barbeque Franchise
Experience
  • Industry experience

  • Industry experience
  • General business experience
  • Marketing skills

  • Financing Options

     
    Damon's Franchise
    Virginia Barbeque Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Damon's Franchise
    Virginia Barbeque Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesMeetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op advertising, Regional advertising
    Operations Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 80

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 6

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)


    Expansion Plans

     
    Damon's Franchise
    Virginia Barbeque Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Damon's

    Founded in 1979, Damon's International, Inc., is headquartered in Columbus, Ohio. With more than 100 company and franchised locations worldwide, Damon's International, Inc., is a leading full-service, casual dining restaurant concept that emphasizes prime rib, grilled steaks, chicken, seafood, salad and Damon's award-winning ribs. Guests enjoy a quiet dining room or Damon's high-energy Clubhouse that features DTV, a proprietary, state-of-the-art multi-screen entertainment system offering sports, network programming and interactive games. Join a growing brand and enjoy the benefits of a great restaurant heritage and a strong and committed management team. Built upon a strong reputation for excellent barbecued ribs and outstanding entertainment in a unique dining environment, Damon's Grill is one of the industry's most distinctive casual theme restaurant concepts with high energy and great food. Damon's Grill has several lucrative territories available to experienced restaurant professionals who can demonstrate financial and operating capabilities.

    About Virginia Barbeque

    Richard Ivey, the founder of Virginia Barbeque, has been a Certified Executive Chef since 2003, with over 30 years of experience in the restaurant industry. Richard's goal was to create a business that would not only create his success, but create a business that he could share to help others do the same. His desire for "success larger than life" compelled him to create the Virginia Barbeque franchise system. Richard also wanted to create a lifestyle that worked for owners, staff and customers. Operational hours are generally from 11 a.m. to 9 p.m. Our model has been specifically designed to be family friendly to our customers and the franchise owner. Virginia Barbecue offers financial opportunity, freedom, and quality of life to those who desire success while offering a superior product to consumers.