百大连锁店-Rank no. 348 – 新移民致富之路
Rank no. 348 – Billy Sims BBQ – US
Products & Services: Quick-service barbecue restaurant
Number of Locations: 36
Total Investment: $169.19K – 433.1K
Founded: 2004
Began Franchising: 2008
About Billy Sims BBQ
Named for a former college and professional football player, Billy Sims BBQ was started in 2004 and began franchising in 2008. The company is based in Tulsa, Oklahoma, and most of its restaurants are located in Oklahoma and surrounding states.
Franchise Units
| YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
| 2013 | 35 | 0 | 0 | 1 |
| 2012 | 22 | 0 | 0 | 1 |
| 2011 | 15 | 0 | 0 | 2 |
| 2010 | 14 | 0 | 0 | 3 |
| 2009 | 0 | 0 | 0 | 3 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Arkansas, Michigan, Missouri, Midwest, Oklahoma, Texas.
Arkansas, Michigan, Missouri, Midwest, Oklahoma, Texas.
Startup Costs, Ongoing Fees and Financing
Total Investment: $169,200 – $433,100
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $500,000
Liquid Cash Available: $100,000
OPERATIONS
50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 15. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
| FINANCING TYPE | IN-HOUSE | THIRD PARTY |
| Franchise Fee | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 4 weeks. At franchisee’s location: 1.5 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
