Famous Dave's

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Founded

1995

Started franchising

1998

Industry
Food & Beverage
franchises
Sub industry
Steakhouse & Grill
franchises

Famous Dave's is a barbecue restaurant franchise known for its flavorful smoked meats, sauces, and classic BBQ dishes, offering a delicious and authentic barbecue dining experience.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

?

$482,000
 - 
$2,921,000

Initial franchise fee

?

$45,000

Royalty fee

?

5.00%

Advertising fee

?

5.00%

Revenue per year (AUV)

?

$2,701,000

Undisclosed

vs.

1538000

for

Steakhouse & Grill
franchises

Operating Profit

?

Undisclosed

n.a.

vs.

10.2%

for

Steakhouse & Grill
franchises

Sales : Investment Ratio

?

n.a.

1.6x

Investment Payback

?

8

years

Franchised units

?

81

+
-16%
(
-16
)
-16%
(
-16
)

vs. 2 years ago

Company-owned units

?

35

Total units

?

116

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2024

81

35

116

92

36

128

97

29

126

PROFITABILITY METRICS

Find how profitable this franchise is vs. industry benchmarks

Famous Dave's
Food & Beverage
franchises
Steakhouse & Grill
franchises

Revenue

?

$2,701,000

Undisclosed

934000

1538000

- COGS

?

Undisclosed

n.a.

29.8%

29.6%

Gross Profit

?

n.a.

Undisclosed

70.2%

70.4%

- Labor costs

?

Undisclosed

n.a.

27.8%

25.2%

- Other costs

?

Undisclosed

n.a.

n.a.

n.a.

Operating Profit

?

n.a.

Undisclosed

13.7%

10.2%

FRANCHISE DISCLOSURE DOCUMENT

2024

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COMPETITORS OF

Famous Dave's

Food & Beverage
franchises
Steakhouse & Grill
franchises
Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

81

+
-16%
-16%

$45,000

$482,000

-

$2,921,000

$2,701,000

n.a.

n.a.

n.a.

51

+
-7%
-7%
No growth
New

$150,000

$2,540,000

-

$5,933,000

$4,603,000

n.a.

n.a.

n.a.

70.4%

i

0

+
n.a.
n.a.
No growth
New

$30,000

$217,000

-

$436,000

$0

n.a.

n.a.

n.a.

70.4%

i

6

+
20%
20%
No growth
New

$30,000

$804,000

-

$1,085,000

$1,538,000

n.a.

n.a.

n.a.

70.4%

i

18

+
157%
157%
No growth
New

$35,000

$261,000

-

$1,193,000

$221,000

n.a.

n.a.

n.a.

70.4%

i

101

+
-42%
-42%
No growth
New

$60,000

$1,804,000

-

$6,504,000

$0

n.a.

n.a.

n.a.

70.4%

i

1542

+
2%
2%
No growth
New

$35,000

$2,428,000

-

$7,084,000

$2,680,000

n.a.

n.a.

n.a.

70.4%

i

475

+
2%
2%
No growth
New

$20,000

$182,000

-

$466,000

$257,000

n.a.

n.a.

n.a.

70.4%

i

1

+
n.a.
n.a.
No growth
New

$40,000

$540,000

-

$1,215,000

$1,534,000

n.a.

n.a.

n.a.

70.4%

i

62

+
-9%
-9%
No growth
New

$40,000

$2,648,000

-

$6,802,000

$4,789,000

n.a.

n.a.

n.a.

70.4%

i

606

+
-8%
-8%
No growth
New

$30,500

$745,000

-

$1,819,000

$1,158,000

n.a.

n.a.

70.4%

70.4%

i

ADDITIONAL INFORMATION

Home based franchise

Passive investment opportunity

Item 19 available

B2B

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