RISE - Menu Monitor

Menu Positioning |
Famous Dave's is open for lunch and dinner and features appetizers, homemade soups, salads, classics, combos, ribs,
sandwiches, chicken and burgers, lunch specials, sides, desserts and beverages. Its signature item is its hickory-smoked ribs
with a choice of five barbecue sauces: Rich & Sassy, Texas Pit, Georgia Mustard, Hot Stuff & Devil’s Spit. Other popular menu
items include Sweetwater Catfish—eight strips of catfish, lightly breaded with Cajun seasoning and served with Sweet Soul
Jalapeño and Remoulade sauce; Texas Beef Brisket—tender brisket, hickory smoked and hand-trimmed; Georgia Chopped
Pork—pork deeply seasoned with rib rub and BBQ sauce; Texas Manhandler—beef brisket and zesty hot link sausage with
Hell Fire pickle chips; and the Devil’s Spit Burger—burger with Devil’s Spit BBQ sauce, pepper Jack cheese, jalapeño bacon
and Hell Fire pickle chips. Entrées come with cornbread muffin, corn on the cob and choice of two sides: coleslaw, Drunkin’
Apples, Wilbur Beans, fries or potato salad. Desserts include bread pudding and hot fudge brownie. Menu also features family
to-go portions. Kids' menu is also available. Menu prices range from $4.99–$29.99. Checks average $17.
Franchise Activity |
Famous Dave’s entered into a franchise agreement with Famous Bar-B-Que LLC calling for five restaurants in Arkansas. The
franchise agreement gives Pat C. Boyd rights to open four units in the State of Arkansas and Bowie County, TX, and
ownership of a Famous Dave’s location in Rogers, AR. (Company Release 6/5/07)
Famous Dave’s of America Inc. has sold the right to franchise seven Famous Dave’s Legendary Pit Bar-B-Que restaurants in
New York City to Famous New York Barbeque, LLC. Markets covered in the agreement include the five boroughs of New York
City plus Westchester County, NY. (Famous Dave’s of America Inc. Press Release 10/31/07)
International Activities |
Famous Dave’s of America Inc. signed a deal with Jorge Colon-Gerena to open four outlets in Puerto Rico. These will be the
first Famous Dave’s units outside of the mainland U.S. There are 145 Famous Dave’s restaurants in 35 states. (Company
Release 2/01/07)
Personnel |
David Goronkin, CEO
Diana Purcel, CFO
Corrie Krasnicka, V.P. of Purchasing
Glenn Drasher, V.P. of Marketing
Judy Koehn, Director of R&D
Famous Dave’s of America promoted Joleen Flory-Lundgren to executive vice president, human resources and training, and
Christopher O’Donnell to chief operating officer. Previously, Flory-Lundgren served as vice president, human resources and
training and O’Donnell served as executive vice president of operations. (Company Release 1/3/07)
News & Other |
Famous Dave’s of America Inc. reported for the third quarter ended October 1 net earnings rose 33.3% to $1.6 million from
$1.2 million for the same period last year. Revenues increased 17.3% to $30.8 million from $26.3 million. Same-store sales
grew 3.1%. (Company Release 11/1/06)
Famous Dave’s of America Inc. reported for the fourth quarter ended December 31, net earnings increased to $1.1 million
from $784,000 for the same period last year. Revenues rose 12.5% to $2.7 million from $2.4 million. Same-store sales grew
1.8%. For the year ended December 31 net earnings increased 11.3% to $4.9 million from $4.4 million for the same period last
year. Revenues grew 13.9% to $116.6 million from $102.3 million. Same-store sales rose 2.9%. (Company Release 2/28/07)
Famous Dave’s reported for the first quarter ended April 1 net earnings increased to $1.3 million from $742,000 for the same
period last year. Revenues grew 7.1% to $29 million from $27.1 million. Same-store sales fell 0.9%. (Company Release
4/25/07)
Famous Dave’s of America Inc. reported for the second quarter ended July 1 net earnings increased 40.0% to $2.1 million
from $1.5 million for the same period last year. Revenues rose 9.1% to $33.5 million from $30.7 million. Same-store sales
grew 3.5%. (Company Release 8/1/07)
©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.
Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information
published.
262