BEST FRANCHISE INVESTMENT
COSTS & FEES

With our affordable QSR model, you can open more Famous Dave’s restaurants, faster.

OUR FAMOUS DAVE’S RESTAURANTS

We thrive in a minimum residential population of 75,000 in 3-mile radius (80,000 in 10-minute drive time) and minimum daytime population of 35,000 in 3-mile radius (55,000 in 10-minute drive time).

TRAFFIC
• Minimum daily traffic count on primary road – 30,000
Minimum daily traffic count on adjacent side street – 20,000
“Going home” traffic side with easy access to signal

TRAFFIC GENERATORS
Regional retail corridor with regional mall, lifestyle center, and/or multiple retail centers
Strong anchor mix: Target, Kohl’s, Costco, Home Depot, Lowe’s, etc.
Presence of national casual dining brands in retail corridor
Movie Theater (multi-screen with first-run movies)
University or College campus within 5 miles
Hospital or healthcare corridor within 5 miles
Office/business park within 5-miles

Benefits of the Full Service & 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.

QSR MODEL

1,500 – 3,500 SQ FT
INDOOR SEATING 50 – 100 PERSON CAPACITY

FLEX SERVICE

3,000 – 5,000 SQ FT
INDOOR SEATING 100 – 200 PERSON CAPACITY

FULL SERVICE

5,000 SQ FT
INDOOR SEATING 200 – 260 PERSON CAPACITY

INVESTMENT BREAKDOWN

EXPENDITURELINE SERVICECOUNTER SERVICEFLEX SERVICEFULL SERVICEGHOST KITCHEN ADD-ON
Initial Fee$45K$45K$45K$45K$10K
Leasehold Improvements$200K–$500K$300K–$700K$475K–$1.3M$475K–$1.6M$0 - $300K
Land, Building & Construction$600K–$1.5M$1,575,000–$2,407,500$2,410,000–$2,900,000$2,410,000–$3,200,000$10K - $20K
Travel & Expenses During Travel$10K–$20K$15K–$30K$25K–$40K$25K–$40K$10K - $20K
Expenses For Opening Team$40K–$60K $40K–$85.5K$55K–$90K$55K–$100K$25K - $40K
Furniture, Fixtures, Decor & Equipment$100K–$250K$200K–$350K$500K–$650K$500K–$650K$0 - $100K
Architect & Engineer Fees $20K–$40K$40K–$75K$50K–$170K$50K–$170K$0 - $50K
Signs$25K–$45K$30K–$55K $45K–$75K $45K–$75K $10K - $25K
Liquor License Costs$500–$5K$5K–$50K$25K–$75K$25K–$75K$500 - $5K
Site Model Report Fee$750$750$750$750$0
Lease Payments - 3 Months$10.5–$25K$20K–$50K$30K–$75K$10.5K–$25K$0 - $25K
Employee Salaries - 3 Months$15K–$35K$25K–$50K$35K–$65K$60K–$95K$0 - $35K
Miscellaneous$5K–$10K$5K–$10K$15K–$25K$5K–$10K$5K - $10K
Grand Opening$5K–$15K$5K–$15K$15K–$25K$15K–$25K$5K - $10K
Additional Funds - 3 Months$5K–$10K$5K–$15K$15K–$35K$5K–$10K$5K - $10K
TOTAL IF LEASED$481,750–$1,060,750$735,750–$1,525,750$1,330,750–$2,670,750$1,316,250–$2,920,750$80,500 - $585,00
TOTAL IF PURCHASED$881,750–$2,060,750$1,965,795–$3,233,250$3,235,750–$4,195,750$3,240,250–$4,495,750$70,500 - $2,145,000

FINANCIAL REQUIREMENTS

Our financial requirements are based on the availability of $200K in liquid capital, a net worth of $500K 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.

INVESTMENT

FULL SERVICE $1,316,250 – $2,920,750

FLEX SERVICE $1,330,750 – $2,670,750

COUNTER SERVICE $735,750 – $1,525,750

LINE SERVICE $481,750 – $1,060,750

GHOST KITCHEN ADD-ON $80,500 – $585,000

FRANCHISE FEE $45K

GHOST/CLOUD KITCHEN ADD-ON FRANCHISE FEE $10K

REQUIRED LIQUID $200K

REQUIRED NET $500K

ROYALTY 5%

MARKETING FUND 1%

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