Famous Dave's Refranchising Remaining Company-Owned Locations

Famous Dave's Refranchising Remaining Company-Owned Locations

Franchisees will become the front-and-center focus of Famous Dave's during the next 24 months as the brand refranchises all remaining company-owned locations. Officials say the initiative will generate cash and allow the company to shift its resources and energy to the growth and viability of its franchise system.

The move is the final chapter in the brand's strategy to refranchise. Last year, all of its Chicago-area company-operated locations were sold to a franchisee. The company currently owns 33 locations while its franchisees operate another 135. Famous Dave's is shifting its efforts and focus to the success of its franchisees and says refranchising is a critical initiative to create value for the brand's shareholders.

Mike Lister, chief executive and operating officer for Famous Dave's says transitioning the company-owned restaurant ownership and operations fully to franchisees "will enable our team to focus our efforts on food and beverage innovation, marketing, franchise operations, training, and development."

Published: May 17th, 2017

Share this Feature

Recommended Reading:


comments powered by Disqus
Firehouse Subs


Top Opportunities »

Sonic Drive-In
Here's your chance to own a SONICĀ® Drive-in Franchise Restaurant. As the nation's largest drive-in chain, SONICĀ® has successfully served up hot,...
Cash Required:
Request Info
AAMCO Transmissions and Total Car Care
AAMCO franchisees benefit from joining a brand that has been in business for over 50 years. Our iconic, Double A, Beep Beep, M-C-O mnemonic brings...
Cash Required:
Request Info
Hungry Howie's Pizza
Hungry Howie's is currently EXPANDING! Top Markets are available for single or multiple unit development. Get the EDGE over the competition with...
Cash Required:
Request Info

Subscribe »

Attend »

Caesars Palace, Las Vegas, NV
APR 3-6

Share This Page

Subscribe to Multi-Unit Franchisee Report

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.