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Below is an in-depth analysis and side-by-side comparison of Rib Crib Barbecue 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 | $400,000 - $1,300,000 | $418,000 - $1,100,000 |
Franchise Fee | $35,000 | $40,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | - |
Year Founded | 1992 | 1996 |
Year Franchised | 2000 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5K-10K | 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 | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
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 | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives * Ad slicks * Regional advertising |
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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
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.