When did Dickeys
Dickeys_Barbecue_Pit Franchise · 2024 FDDAnswer from 2024 FDD Document
Dickey's Barbecue Restaurants, Inc. (DBRI), a wholly-owned subsidiary of Dickey's Capital Group, Inc. (the "Parent"), was incorporated in 1994 under the laws of the State of Texas. DBRI was formed for the purpose of franchising barbecue restaurants. At May 31, 2024, DBRI had 385 operating franchises (including 9 stores owned by related parties), 114 of the operating franchises were located in Texas (including 8 stores owned by related parties), with the remainder operating in approximately 39 other states and 20 international locations. DBRI's management team has successfully operated barbecue restaurants at various locations since 1941. In addition to the franchised barbecue restaurants, Virtual Brands, Inc. (VBI), a majority-owned subsidiary of DBRI, which offered virtual franchises (from a ghost kitchen venue) or from a branded restaurant. As of May 31, 2024, VBI had franchised 55 restaurants (16 of which were Big Deal Burger Restaurants, 26 of which were Wing Boss Restaurants and 13 of which were Trailer Birds Restaurants).
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 95)
What This Means (2024 FDD)
According to Dickey's Barbecue Pit's 2024 Franchise Disclosure Document, Dickey's Barbecue Restaurants, Inc. (DBRI) was incorporated in 1994 under the laws of the State of Texas. DBRI was formed for the purpose of franchising barbecue restaurants. The document also notes that Dickey's Barbecue Pit's management team has successfully operated barbecue restaurants at various locations since 1941.
As of May 31, 2024, Dickey's Barbecue Pit had 385 operating franchises, with 114 located in Texas (including 8 stores owned by related parties) and the remainder operating in approximately 39 other states and 20 international locations. Additionally, Virtual Brands, Inc. (VBI), a majority-owned subsidiary of DBRI, had franchised 55 virtual restaurants, consisting of 16 Big Deal Burger Restaurants, 26 Wing Boss Restaurants, and 13 Trailer Birds Restaurants.
Prospective franchisees should note the distinction between the incorporation date of the franchising entity (DBRI) and the operational history of the Dickey's Barbecue Pit management team. The brand's experience in operating restaurants since 1941 could be a positive factor for franchisees, while the financial performance and operational strategies of the virtual brands may also be of interest.