Famous Dave’s FDD – Franchise Information, Costs and Fees
Type of Business
Famous Dave’s of America, Inc. franchises authentic, down-home barbecue restaurants featuring genuine smoked barbecue. Famous Dave’s® Restaurants operate under the name Famous Dave’s®. Famous Dave’s® Restaurants serve combinations of hickory-smoked spareribs, baby back ribs, beef brisket, herbroasted chicken, barbecue sandwiches, char-grilled burgers, cornbread, potato salad, coleslaw, Wilbur™ beans, desserts, specialty cocktails, and other food and beverage items.
Corporate Information
Famous Dave’s of America, Inc. is a Minnesota corporation formed on March 14, 1994. Their principal business address is 12701 Whitewater Drive, Suite 200, Minnetonka, Minnesota 55343-4164. Famous Dave’s commenced its franchise program in 1998.
Investment
The total investment necessary to open a Famous Dave’s® Restaurant ranges from $461,750 to $2,920,750 if you lease the premises for a Famous Dave’s® Restaurant, and from $861,750 to $4,495,750 if you purchase the land and building for a Famous Dave’s® Restaurant. This includes $95,750 to $145,750 that must be paid to the franchisor. The total investment necessary to open an add-on ghost kitchen or cloud kitchen Famous Dave’s® Restaurant ranges from $80,500 to $585,000 if you lease the premises for a Famous Dave’s® Restaurant, and from $70,500 to $2,145,000 if you purchase the land and building for an add-on ghost kitchen Famous Dave’s® Restaurant. This includes $60,000 to $115,000 that must be paid to the franchisor. If you sign an Area Development Agreement, the Development Fee paid to the franchisor is determined by the number of Famous Dave’s® Restaurants that you agree to develop. The franchisor does not require a commitment of a minimum number of Restaurants to enter into an Area Development Agreement, and there is not currently a maximum number of Restaurants that they would permit a qualified area developer to develop under an Area Development Agreement.
