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Famous Dave's of America (DAVE)

Stock (Casual & Upscale Restaurants Industry, Food & Beverage Industry)

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Ann Northrop

www.zacks.com

Founded in 1994 in Minneapolis, Minnesota by a former casino operator with a taste for barbeque food, Famous Dave's of America (DAVE-NASD) owns, operates and franchises a chain of 160 barbeque restaurants in 35 states, with another 160 restaurants in the pipeline. Featuring hunting-lodge d cor, the restaurants offer hickory-smoked, off-the-grill barbeque meats, chicken and ribs, as well as sandwiches, salads, sides and desserts. Unlike most barbeque restaurants, which prepare food using recipes from one region of the country (eg. Saint Louis, Memphis, Georgia etc), Famous Dave's offers customers a choice of a variety of award-winning regional recipes. The average Famous Dave's is 6,000 square feet and seats 175 with 50 seats in the bar and 32 on the patio. Famous Dave's lunch and dinner entrees, range from roughly $6 to $21, with the average guest check currently running about $13.41 -- $11.54 for lunch and $14.62 for dinner.

Famous Dave's of America

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Company	Data From	Franchise Revenue	Company-operated Restaurants	Number of Franchised Restaurants	Number of Affiliated Restaurants	Total Number of Restaurants	Comparable Sales Growth	Operating Income
Famous Dave's of America (DAVE)	2006	$16.6M [1]	41 [2]	104 [2]	Add	145 [3]	2.9%[4]	$9.24M [5]
J. Alexanders Cp (JAX)	2006	Add	28 [6]	Add	Add	28 [6]	5.2%[7]	$7.66M [8]
O'Charley's (CHUX)	2006	$428K [9]	351 [10]	10 [10]	Add	361 [10]	(0.158%)[11]	$40.5M [12]
Ruth's Chris Steak House (RUTH)	2006	$12.4M [13]	50 [14]	50 [14]	Add	100 [14]	6.2%[15]	$32.1M [16]

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Retrieved from "http://www.wikinvest.com/stock/Famous_Dave%27s_of_America_(DAVE)"

Categories: Food & Beverage | Casual & Upscale Restaurants

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