Franchise Costs & Fees
Fixin’ to Become a Franchise Owner
If there is one thing Dickey’s Barbecue Pit Owners understand, it’s the value of prep work. You don’t get fall-off-the-bone, tender meats without proper prep work and attention to detail. We encourage you to take a similar approach to our low-cost franchise opportunity. As you’re getting ready to enter the barbecue business, it’s essential that you get your finances in order and do the necessary preparation to set yourself up for Dickey’s ownership.
Starting a Dickey’s Barbecue Pit Franchise involves two sets of costs — but the total investment may be less than you expect. First, there are the initial restaurant franchise fees — everything that goes into joining our family. Second, involves everything that goes into running your business — buying or renting a location, setting up a kitchen and dining room, stocking inventory, setting up utilities, etc.
While the initial franchise fee is a one-time expense, the other costs are ongoing — regularly (as with marketing fees) or on an as-needed basis. Because there are so many variables involved in each restaurant franchise cost, your total investment can vary widely. If you choose a virtual kitchen versus buying one, it impacts your overhead. Also, buying an existing building will differ, expense-wise, from new construction.
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$30,000 - $50,000
Initial Franchise Cost
-
6%
of net sales
Royalty Fee -
Up to 4%
of net sales
Marketing Fund
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$100,000
Minimum Liquid Capital
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$450,000
Minimum Net Worth
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$268,766 - $476,457
For a traditional store*
How Much Can You Make?
We reckon there’s one financial question at the top of your mind: how much can I make? There are a variety of factors that determine how much your restaurant will rake in, such as demographics and location. To get a clearer picture of your future restaurant’s earning potential, during the due diligence process, we encourage you to reach out to numerous franchisees and ask about their experiences with financials, support, marketing, and more.
