Rib Crib Barbecue vs McGhin's Franchise Comparison

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

Start-Up Costs and Fees

 
Rib Crib Barbecue Franchise
McGhin's Franchise
Investment $400,000 - $1,300,000$300,000 - $1,300,000
Franchise Fee $35,000N/A
Royalty Fee 4%-
Advertising Fee --
Year Founded 19921984
Year Franchised 20002006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-10K-


Business Experience Requirements

 
Rib Crib Barbecue Franchise
McGhin's Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Rib Crib Barbecue Franchise
    McGhin's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Rib Crib Barbecue Franchise
    McGhin's Franchise
    Training --
    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

    Number of employees needed to run franchised unit: 50

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Rib Crib Barbecue Franchise
    McGhin's Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Rib Crib Barbecue

    In 1992, Bret Chandler remodeled an abandoned home in Tulsa, Oklahoma, turning it into the first Rib Crib restaurant. Though Rib Cribs are no longer located in old homes, they retain the look of a ranch house, complete with Western-themed decor. Rib Crib's menu includes ribs, chicken, ham and appetizers such as potato skins and nachos, available for dining in or catering.

    About McGhin's

    NO LONGER FRANCHISIING