Established in 1941 in Dallas, Dickey's Barbecue Restaurant began franchising in 1994. They have since grown into a house whole name for their famous mouth watering barbecues, located throughout the Unites States. Serving fast casual, counter service with meats and vegetables for lunches and families at nights, they also have their home meal substitute drive-thru window open from 4:00 to 7:00 p.m, kids meals, catering and office delivery. Their beef briskets is cooked in a overnight pit for approximately fourteen hours for the most tender briskets, they also have seven other slow cooked meats that you can choose from.
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Franchising Tips and Facts
When considering whether or not to invest your money in a Dickey's Barbecue franchise, be sure to ask if you will be required to purchase products and supplies from the parent company. If so, compare your cost to the local retail prices of the same goods. There have been instances in the franchise industry where the price from the franchise company for goods was higher than the price of the same goods in local retail stores. Selling anything under these conditions would make it quite difficult to keep your prices comparable with your competitors.
If you are interested in buying a Dickey's Barbecue Franchise, then you will most likely be requested to complete a formal franchise application, which will involve typically a credit check and sometimes a background check. If you meet the franchisors guidelines, then to move forward then by law the franchisor is required to send or provide to you a disclosure document, known as a Uniform Franchise Offering Circular (UFOC). Read the UFOC carefully and have your lawyer go over it as well, since it will include a vast amount of information on the franchise such as: history of franchise and its key principals, financial statements, litigation, franchise openings/closings/terminations, franchisee contacts, franchise agreement, requirements, and more.
If you are concerned about the risk involved in a opening a new, independent business venture, then a Dickey's Barbecue franchise opportunity may be the best business option for you. But remember that hard work, dedication, and sacrifice are essential to the success of any business venture, including franchising.
Franchising opportunities provide brand recognition, management and administrative systems, and a proven business model to small business owners. In theory, this should result in Dickey's Barbecue franchises having higher success rates than non-franchise business opportunities. But in practice, franchises can and do fail.
How much can you make if you own a Dickey's Barbecue Franchise? By law a franchise salesperson cannot provide you with an Earnings Claim, unless it is included in the disclosure document. There is no legal requirement that the franchisor must provide you with an Earnings Claim, however some franchisors do provide it. If the franchisor has chosen not to provide it, then it remains important to contact other franchisees listed in the disclosure document. Other Dickey's Barbecue franchisees can answer many of your questions. Many franchisors will also require you to visit their headquarters before signing the agreement, so that you can both get to know each other better. This is known as Discovery Day.
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