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| Brand | Famous Dave’s Full-Service Restaurants Remove |
|---|---|
| Vitals | |
Investment range | $71K – $6.1M |
Liquid capital | $5K – $15K |
Franchise fee | $45K |
Royalty rate | 5.0% |
Ad fund rate | 1.0% |
| Performance | |
Avg gross sales | $2.4M |
Median gross sales | $2.5M |
Avg owner earnings Metric varies by brand. Check type below | N/A |
Earnings metric | Not classified |
| Risk | |
Rating | FBottom Quintile |
Risk score | 84 / 100 |
SBA charge-off rate | 11.1% |
SBA loans on record | 15 |
| Scale | |
Total units | 116 |
Net change (latest yr) | N/A |
Turnover rate | 9.5% |
| Contract | |
Initial term (years) | 10 |
Renewal term (years) | 10 |
Initial training (hrs) | 355 |
| Contacts | |
Franchisee phones | 100 |
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