Question 1

How much does it cost to open a Famous Dave's franchise?

Accepted Answer

The total initial investment for a Famous Dave's franchise ranges from $69K to $4.5M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Famous Dave's franchise fee?

Accepted Answer

The initial franchise fee for Famous Dave's is $35K.

Question 3

What are the net worth requirements for a Famous Dave's franchise?

Accepted Answer

Net worth requirements for Famous Dave's are specified in the Franchise Disclosure Document.

Question 4

Does Famous Dave's require a personal guarantee?

Accepted Answer

Yes, Famous Dave's requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Famous Dave's franchise?

Accepted Answer

Equipment costs for a Famous Dave's franchise range from $0 to $650K.