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BD's Mongolian Barbeque

Create-your-own stir fry restaurant

Background

Founded: 1992 Franchising since: 1992
12281 Nicollet Ave.
Burnsville, Minnesota 55337
Phone:
(248)398-2560


Franchisor is a privately-held company with 12 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 20 0 1 10
2006 14 0 1 10
2005 15 0 1 12

Where Seeking Franchisees
In the U.S. Midwest, United states

Exclusive territories available.
Territory size: Territories by DMA

Costs and Fees

Total investment: $829K-2.9M
Franchise fee: $40K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $2M
Cash liquidity requirement: $500K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • 92% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 75 - 100
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • Company-certified training restaurant

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media

Rankings

Franchise 500® rank:
#377 (2008); #384 (2006);


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