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Below is an in-depth analysis and side-by-side comparison of Shane's Rib Shack vs Colter'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 | $363,000 - $558,000 | $995,000 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | 1% |
Year Founded | 2002 | 1983 |
Year Franchised | 2005 | 1994 |
Term Of Agreement | 10 years+5+5 | - |
Term Of Agreement | 10 years+5+5 | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Hands-on experience in operating a Shane's Rib Shack restaurant in Atlanta, Georgia. This covers all facets of operating the Shane's Rib Shack business. A Shane's Rib Shack representative will then assist you at the opening of your first restaurant. | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |