PARTNERSHIP CHARACTERISTICS
Dickey’s Barbecue Pit places a high-level of importance and decision on our potential partner. We value a partner with loyalty, transparency, accuracy in communication, timeliness, organization, directness and curiosity.
Through a healthy partnership, Dickey’s provides the expert barbecue knowledge and our partner provides the mindset and responsibility for the target country socio economics, culture and food taste. It is with this mix of responsibilities that we are able to lean into the strengths of each partner.
Dickey’s preferred partner will have multi-unit food and beverage or retail experience with an existing infrastructure or the willingness to create the infrastructure to manage the development agreement. Working with a non-competitive food & beverage brand will be considered, but not necessary.
Dickey’s requires a net worth of US$400,000 for each international location to be built. Additional cash assets will be required for store construction, operation cost, and other associated cost.
MASTER LICENSE & REGIONAL DEVELOPMENT
Financial requirements & Dickey’s assistance
Master Fee
TBD, but not less than US$250,000 for Country Rights
Liquid Capital
US$ ~350,000
Required Net Worth
US$ ~400,000
Required Training & Support
3 weeks of in-store and world home office training as well as ongoing support in the form of a project manager from contract signing to grand opening. Ongoing support is frequent and in market.
