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187. Famous Dave's

Last Year's Rank: 175

Investment Range: $1,111,250 - $4,495,750

Initial Franchise Fee: $45,000

Category: Restaurant

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Company Description

Famous Dave’s of America is a chain of barbecue restaurants serving various meats prepared from scratch, and several flavors of barbecue sauce. Offering dine-in service, catering and takeout, Famous Dave’s claims to be America’s favorite barbeque brand.

Founder Dave Anderson, whom the company is named after, opened the first Famous Dave’s restaurant in 1994. He has been recognized for work with Native American youth and made multiple celebrity-like appearances, such as being a torchbearer for the 2002 Olympics in Salt Lake City.

Famous Dave’s has over 140 total restaurants throughout the U.S., Puerto Rico, Mexico, Canada and the United Arab Emirates.

Company Statistics

Global Sales: $363,000,000*

US Units: 138

International Units: 6

Total Units: 144

Percent Franchised: 88%

% International Units: 4%

US Franchised Units: 121

International Franchised Units: 6

Sales Growth %: -4.2%

Unit Growth %: -4.0%

*Franchise Times Estimate

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