DALLAS -- Dickey's Barbecue Restaurants Inc. is launching a new effort to cut operator costs with a non-traditional offering that will enable franchisees to open locations in convenience stores, according to a report by FastCasual.com.
“More and more convenience store owners are looking for ways to supplement their fuel income. These owners want national chains to improve their visibility and for many, Dickey’s is the perfect fit,” said Daniel Sibley, the company’s director of construction. “With our new and existing owner/operators' wallets in mind, we are taking advantage of that desire, opening Dickey’s up to endless opportunities.”
There are already seven convenience store locations nationwide, and Dickey’s hopes to double that number by the end of 2010, the report stated. The cost to open a convenience store location is as little at $28,000 in some cases, Sibley said.
“We can work extremely fast in this format, cutting our project timeline in half to get profits in the hands of our owners quickly. Also, with sub-six-figure conversion costs, oftentimes the owner will self finance, eliminating the time spent waiting on a loan to close,” Sibley said. “For example, we just opened a Dickey’s in this format for only $34,000 in less than 30 days -- and that total included his franchise fee.”
Foodservice sales rose 7.7 percent on a per store basis in 2008, and prepared foods led the way with a 9.1 percent sales gain per store, according to Convenience Store Newsý 2009 Foodservice Study.
CSNews 2010 Industry Forecast Study
CSNews' 8th annual Forecast Study includes a macroeconomic projection of market conditions in 2010 and the impact they will have on sales and growth of key convenience store categories: motor fuel, tobacco, malt beverages, confectionery, and snacks.
CSNews' 2009 Industry Report Study
Industry sales climbed 11.4% to an all-time high of $633.9 billion last year, according to the Convenience Store News 2009 Industry Report, the longest-running compilation of sales and operational results in c-store retailing. 40 pages, including 69 charts.
CSNews' 2009 Realities of the Aisle Consumer Study
Food quality and in-store execution greatly impact a consumer's choice to purchase and consume prepared food from a convenience store, according to the new Realities of the Aisle consumer research study conducted by Convenience Store News, in partnership with Nielsen Homescan. Study is 11 pages and includes 14 charts.
CSNews 2010 FIRST LOOK Report
CSNews' 2nd annual FIRST LOOK report provides convenience store retailers with a first glimpse of industry dollar and volume sales changes in five major product categories, based on data provided exclusively to CSNews by The Nielsen Co. The report includes sales, unit and regional market share percentage changes for packaged beverages, other tobacco products, candy and snacks, and beer.
CSNews 2010 Industry Forecast Study
The Great Recession has caused a fundamental shift in consumer spending. How will this affect the c-store industry and your business in the year ahead? The CSNews 2010 Industry Forecast Study provides a glimpse of the rough conditions ahead and critical insight for you to make the right buying decisions.
CSNews HR & Labor Study 2010
Likely owing to the economic recession, 40 percent of retailers responding to the Convenience Store News 2010 Human Resources (HR) & Labor Study said store associates turnover decreased over the past two years.
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