Billy Sims Barbecue Franchise Analysis
Billy Sims Barbecue is a Franchise Grade Made The Grade™ franchise opportunity, which means it's ranked strongly by our reviewers.
Franchise Opportunity Details
The franchise offered is for a restaurant offering a menu specializing in barbecued food items, including smoked sausages, chicken, ribs, pork and beef, as well as side dishes, and soft drinks under the name “Billy Sims Barbecue”. You may also choose to offer beer at your restaurant. A Billy Sims Barbecue restaurant offers lunch and dinner menus for dine-in, take-out, and catering, and operates using the franchisor’s proprietary recipes, formulae,techniques, trade dress, trademarks and logos.
What is the upfront investment required to own a Billy Sims Barbecue franchise?
Billy Sims Barbecue has an initial franchise fee of up to $30,000, with a overall upfront investment range from $169,200 to $433,100.
- Initial Franchise Fee: $30,000
- Total Investment: $169,200 to $433,100
- Working Capital: $12,000 to $25,000
- Royalty Fee: 6.0%
The upfront cost of any franchise opportunity includes several fees. Explore this investment opportunity to better understand the specific costs required to own a Billy Sims Barbecue, such as franchise fees, construction and costs, pre-opening advertising, and equipment purchases. It should be noted that, franchise companies are required to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
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How much can I earn by owning a Billy Sims Barbecue franchise?
As with any new franchised business, there needs to be a good return on your investment and profit potential. The specific franchisee's income and the profits from a Billy Sims Barbecue business will depend on a lot of different factors. One way to validate the potential revenues or profits generated from a Billy Sims Barbecue franchise investment is to analzye the franchisor's Item 19 within their FDD. This is called an earnings claim. This is not required within a franchisor's disclosure and approximately 68% of all franchise companies that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchise companies may disclose limited information such as overall systemwide sales. This type of information is not always helpful to determine profitability for you directly. So review overall sales data with caution. As a general rule, usually earnings and owner's income are equitable to the overall size of the initial investment. The larger the initial investment, the larger return you should anticipate
For more details and system-specific data on the profits of a Billy Sims Barbecue franchise opportunity, unlock this franchise opportunity
How many franchise outlets do they operate?
As of the 2016 Franchise Disclosure Document, there are 47 franchised Billy Sims Barbecue locations across the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any Billy Sims Barbecue franchises in my preferred location?
Based on 2016 FDD research, Billy Sims Barbecue has franchise locations in 5 states.
Based on our research Billy Sims Barbecue is expanding into new locations and might be available in your city.
One of our researchers will have detailed knowledge about this franchise opportunity. Unlock to learn more and speak with our experts.
Last Reviewed: 2016
Sector: Full-Service Restaurants
Category: Chicken, Ribs and Seafood
Billy Sims Barbecue Franchise DATA
10 Years
10 Years
36
47
6.0%
1.0%
FAQS
Does this opportunity provide any initial training and opening assistance?
Yes, they have an initial training program of 134 hours. This includes 11 hours of classroom training, 123 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | N/A |
|---|---|
| On-the-Job | 123 |
| Classroom | 11 |
| Total | 134 |
Does this opportunity provide Territory Rights?
Billy Sims Barbecue offers territory protections. For an explanation of territory rights, unlock this franchise opportunity for more details.
Do they have computer and technology support in place?
No, Billy Sims Barbecue does NOT offer comprehensive support for franchisees.
When did Billy Sims Barbecue begin franchising?
They began franchising in 2008. The average Chicken, Ribs and Seafood franchise began franchising in 2010.
Do they offer lending options?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this franchise for instant access to our research reports, including:
- Growth breakdown
- Turnover breakdown
- Financial transparency
- Initial and renewal terms
- Royalties and marketing fees
- Important Franchise FAQs
- Our grade and free access to consult with a franchising expert
- How much do franchise owners historically make?
- Does this franchise provide Veteran or First Responder discounts?
- Does this franchise use public figures to promote their franchise?
- Does this franchise disclose any bankruptcies?
- Is this brand affiliated with any other franchise opportunities or private equity investment groups?
- How many new outlets have they opened over the last 5 years?
- How many franchised outlets have closed over the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have terminated over the last 5 years?
- Does this franchise operate any corporate or affiliate owned outlets?
- How long is their initial and renewal term lengths?
- Does this franchise have any lawsuits?
- How long have they been franchising?
- Are they actively selling franchises across the United States?
- How are the royalty, advertising and marketing funds administered and managed by the franchisor?
- What are the territory protections the franchisor provides you?
- What support can you expect to receive from the franchisor?
- Why has new franchise outlet growth been so high?
- What are the financial requirements to be approved as a franchise owner in this brand?
- Are you required to work as an owner-operator or is this a passive franchise opportunity?
- Does this franchise provide multi-unit discounts for buying more than one franchise location?