Dickey's Barbecue Restaurants Inc. has announced a new effort to cut costs with a non-traditional offering that will enable franchisees to open convenience store locations.
“More and more convenience store owners are looking for ways to supplement their fuel income,” said director of construction Daniel Sibley. “These owners want national chains to improve their visibility and for many Dickey’s is the perfect fit. With our new and existing owner/operators' wallets in mind, we are taking advantage of that desire, opening Dickey’s up to endless opportunities.”
There are already seven convenience store locations nationwide and Dickey’s hopes to double that number by the end of 2010. The cost to open a convenience store location is as little at $28,000 in some cases, he said.
“We can work extremely fast in this format, cutting our project timeline in half to get profits in the hands of our Owners quickly. Also, with sub six figure conversion costs, often times the Owner will self finance, eliminating the time spent waiting on a loan to close” he said. “For example, we just opened a Dickey’s in this format for only $34,000 in less than 30 days — and that total included his franchise fee.”
