Virginia Barbeque vs Shula's Steak House Franchise Comparison

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

Start-Up Costs and Fees

 
Virginia Barbeque Franchise
Shula's Steak House Franchise
Investment $81,500 - $221,500$1,126,600 - $3,037,500
Franchise Fee $15,000$150,000 - $175,000
Royalty Fee 6%12%
Advertising Fee -Not less than $30,000
Year Founded 2000-
Year Franchised 2004-
Term Of Agreement 10 years10 years +10+10
Term Of Agreement 10 years10 years +10+10
Renewal Fee --


Business Experience Requirements

 
Virginia Barbeque Franchise
Shula's Steak House Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Virginia Barbeque Franchise
    Shula's Steak House Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Virginia Barbeque Franchise
    Shula's Steak House Franchise
    Training -

    The Franchise Owner, the Head Coach, the Business Development Manager, the Shula's Chef, and any oth�er employees that designated must attend and complete the Basic training program. The training is based at the franchise premise for 14 days. The franchisee must pay for the expenses incurred by the franchisor during the basic training. The Head Coach, Business Development Manager, and Shula's Chef must complete the Managers' Training Program, which consists of three to five business days located at corporate headquarters.

    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Regional advertising-
    Operations 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)

    The franchisee must act as or hire a designated Head Coach to act as the franchised business's general manager. The Head Coach must devote, on a full-time basis, his or her best efforts to managing and operating the franchised business. The franchised business requires the Head Coach's day-to-day supervision. The franchisee must also hire a Business Development Manager, who is primarily responsible for developing business from individuals and organizations within the protected territory. The franchisee must also hire a Shula's Chef, who is the franchised business's head chef and is primar�ily responsible for operating and managing its kitchen.


    Expansion Plans

     
    Virginia Barbeque Franchise
    Shula's Steak House Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    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.

    About Shula's Steak House

    The desire to become a part of a continuing success story is why Shula's Steak House has become a popular consideration for those in the area of food franchising. The legendary status of a Hall of Fame football coach is coupled with maintaining rigorous standards when it comes to the quality of the steaks it offers. That's an unbeatable combination that keeps customers coming through the doors for every franchisee. The pinnacle of the restaurant's menu is the Shula Cut, a custom center cut of Black Angus beef that's been handpicked by those raising these cattle. After undergoing 10 different specifications that includes such things as marbling, leanness and consistency and being properly aged, only one percent of the cattle under consideration are selected. That's been the company's standard since it first opened in 1989, and striving for excellence has been the philosophy of Don Shula for his entire life.