Dickey's Barbecue Restaurants, Inc. sells franchises to operate, under the name and mark "Dickey's Barbecue Pit", restaurants specializing in freshly prepared barbecue style meats and other food products. We also offer a Development Agreement under which you must develop a specified number of restaurants within a defined geographic area according to a development schedule.
Company Background
Dickey's Barbecue Pit is a family-owned and operated business that sells franchises to operate fast casual restaurants specializing in freshly prepared barbecue style meats and other food products. The company was founded by Travis Dickey, who opened his first restaurant in 1941 after being inspired by the popularity of barbecues at county fairs. In 1948, Travis decided to franchise his concept, which would provide people with an opportunity to own their own successful business while preserving the Dickey family legacy. In 1967, Dickey sold his controlling interest to a group of investors led by John T. Murchison Jr., but he remained involved as chairman until 1971 when he retired from active management of the company. Since then it has been privately held and
Franchise Opportunity
Dickey's Barbecue Pit is a fast casual restaurant that specializes in freshly prepared barbecue style meats and other food products. The problem with most fast casual restaurants is that the food can be hit or miss. You might get something great, but you might also end up with something that's not so great. At Dickey's Barbecue Pit, we make sure that every dish we serve is fresh and delicious. We use only the highest quality ingredients and prepare everything ourselves in-house. Whether you're looking for brisket, ribs, chicken, or sausage, we've got you covered.
Corporate Structure
Dickey’s Barbecue Restaurant, Inc. was formed on March 7, 1994, as a Texas corporation. Their principal place of business is 18583 N. Dallas Parkway, Suite 120, Dallas, Texas 75287.
Royalties and Marketing Fees
Royalties : 5.0% - 9.0% of revenue
Earnings Transparency
1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchisee Attrition
0 /10
This franchise's rate of attrition in 2023
of 10.74%
was
Slightly Higher
than the 8% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
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Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Dickey's Barbecue Pit Franchisees
Dickey's Barbecue Pit Franchise System Development in 2021
FAQ
How much investment do I need to start my own Dickey's Barbecue Pit business?
Franchisees typically require at least
$82,466 to
$645,150 investment to get their
Dickey's Barbecue Pit business started
What are the initial franchise fees for Dickey's Barbecue Pit?
Franchisees typically need to pay at least
$25,800 in fees directly to
Dickey's Barbecue Pit in order to earn the right to launch their business
How much money can I make with a Dickey's Barbecue Pit franchise? What are
the average revenues for a typical Dickey's Barbecue Pit business?
We haven’t done the math on how much revenue a typical
Dickey's Barbecue Pit brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$0 revenue, so we would expect
Dickey's Barbecue Pit to generate a similar amount
How long do I need to commit to running a Dickey's Barbecue Pit unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
9 /10
The Franchisor's investment costs ranges from
$158,000 to $645,150
which is
Much Lower
than the $619,545 to $1,693,635 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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