Wednesday
Apr282010
Virginia Barbeque Franchise
Wednesday, April 28, 2010 at 05:30AM Barbecue restaurant
Start-up Costs & Franchises Fees
What is the total cost to open a Virginia Barbeque Franchises?
Total Cost: $36,500-$202,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Virginia Barbeque
|
Virginia Barbeque |
Toll Free: (800)429-9965 |
Virginia Barbeque In the Press
No results at this time.Historical Expansion
In what year did Virginia Barbeque begin operations? 2000
When did Virginia Barbeque begin selling franchises? 2004
Year United States Canada International Corporate 2005 2 0 0 2 2004 0 0 0 3 2003 Not Available Not Available Not Available 2 2002 Not Available Not Available Not Available 2 2001 Not Available Not Available Not Available 1
Future Expansion
United States: North East, South East,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Cooperative advertising, Regional advertising support
Franchise Operation Restrictions
0% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 6 - 6
Absentee ownership of franchise is allowed. (75% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Jason Rager | Comments Off | 



