With our affordable QSR model, you can open more Famous Dave’s restaurants, faster.
In order to harness the benefits of the full service and Fast-Casual industries, we provide a QSR model, Flex Service, and Full Service models. We will work with Franchise Owners based on their investment level to establish the best model for their market.
So where’s the best place to put your shiny new Famous Dave’s restaurant? Here’s the site criteria we will follow as we help you find the ideal location:
RETAIL SPACE END-CAP LOCATION MAIN ROAD VISIBILITY
1,800 – 2,400 SQ FT
AVERAGE SEATING CAPACITY 65 SEATS
END-CAP PREFERED IN FAMILY-CENTRIC DESTINATION LOCATION
|EXPENDITURE||AMOUNT - LOW||AMOUNT - HIGH|
|Land, Building & Construction||$600K–$1,5M||$2.4M–$3.2M|
|Travel & Expenses During Travel||$10K–$20K||$25K–$40K|
|Expenses For Opening Team||$50K–$60K||$55K–$100K|
|Furniture, Fixtures, Decor & Equipment||$300K–$550K||$500K–$650K|
|Architect & Engineer Fees||$40K–$70K||$50K–$170K|
|Liquor License Costs||$500–$5K||$25K–$75K|
|Site Model Report Fee||$750||$750|
|Lease Payments - 3 Months||$10.5||$11K–$25K|
|Employee Salaries - 3 Months||$15K–$35K||$15K–$35K|
|Additional Funds - 3 Months||$5K–$10K||$5K–$10K|
Our financial requirements are based on the availability of $750,000 in liquid capital, a net worth of $1,500,000 and a credit score of 700 or higher. The franchise fee for one unit is $45,000.
Those candidates with experience in multi-unit franchising or with a high degree restaurant background may be eligible for a multi-unit agreement with Famous Dave’s, which affords new Franchise Owners with a lower franchise fee for each unit awarded.