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Below is an in-depth analysis and side-by-side comparison of Bobby Rubino's Place For Ribs vs Steak & Stuff including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $200,000 - $645,200 | $95,000 - $115,000 |
Franchise Fee | $25,000 - $50,000 | $15,000 |
Royalty Fee | 4% | 3% |
Advertising Fee | - | - |
Year Founded | 1978 | 2006 |
Year Franchised | 1980 | 2013 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | No business experience required. General restaurant experience required. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | - | *Email Newsletter *Advisory Meetings *Grand opening *Internet *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives *Management Support *Training |
Marketing | - | *Local Media *Ad Slicks *Internet Ad campaign-- Google - Yahoo Etc *Gorilla Marketing Campaign *Facebook *Dedicated Store Web-site *Local Networking *Marketing Training for Franchisee. |
Operations | - | *Number of employees- 20 - 25. *Owner/Operators Preferred . |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | Yes |
The first Bobby Rubino's Place for Ribs opened in Ft. Lauderdale, Florida, in 1978. The company began franchising two years later and was soon making ribs for customers across the United States. In 1986, Bobby Rubino's opened its first international location in Chijmes, Singapore.