How Much Did Beef Jerky Outlet Sold

In this FDD Talk mail service, you lot'll learn the post-obit:

• Section I – Background data on the Beefiness Jerky Outlet franchise opportunity, including relevant news updates

• Section Ii – Estimated initial investment for a Beef Jerky Outlet franchise, based on Item seven of the company's 2018 FDD

• Section Iii – Initial franchise fee, royalty fee, marketing fee, and other fees for a Beefiness Jerky Outlet franchise, based on Items v and 6 of the company's 2018 FDD

• Department Iv – Number of franchised and company-owned Beef Jerky Outlet stores at the starting time of the twelvemonth and the terminate of the yr for 2015, 2016, and 2017, based on Particular xx of the company's 2018 FDD

• Department 5 – Presentation and analysis of Beef Jerky Outlet'southward financial performance representations, based on Item nineteen of the visitor's 2018 FDD, including data on the:

• 2015, 2016, and 2017 average gross product sales, gross product cost, gross margin dollars, and gross margin percentage for the Beef Jerky Outlet stores owned and operated by the franchisor's affiliates for at least 1 year

• 2015, 2016, and 2017 boilerplate and median gross product sales for the Beefiness Jerky Outlet stores owned and operated by franchisees for at least 1 year

• 2015, 2016, and 2017 average and median gross product sales for the height 3rd, middle tertiary, and bottom 3rd of the Beef Jerky Outlet stores endemic and operated by the franchisor's affiliates for at least 1 yr

• 2015, 2016, and 2017 boilerplate and median gross product sales for the peak third, middle third, and bottom third of the Beefiness Hasty Outlet stores owned and operated by franchisees for at least 1 year

Section I – Background Information

13 Things Yous Need to Know About the Beefiness Jerky Outlet Franchise

Opens 100th Store

i.  Beef Hasty Outlet opened its 100th shop in July 2017 in Kitty Hawk, North Carolina. To gloat the milestone, Beefiness Jerky Outlet gave the commencement 100 customers a costless bag of premium hasty. Customers as well enjoyed store-wide discounts and a take chances to win a thou prize giveaway – two lucky winners received complimentary jerky for an unabridged yr.

ii.  Kathy Raines, principal operating officer of Beef Hasty Outlet, said, "We are thrilled to be opening our 100th store. We work difficult every day to provide the all-time possible experience for our customers, considering they are what drive our visitor and our growth. To satiate our hungry customers, we are constantly working to produce the tastiest jerky out there. Nosotros love coming up with new flavors and varieties, and nosotros promise to see our customer base continue to abound as we expand our hasty multifariousness fifty-fifty more than."

Beef Bouquets for Valentine's Day

three.  In the spirit of fun, Beef Jerky Outlet likes to introduce new items that are unique and creative. The brand'due south nigh recent quirky offering was its Beefiness Bouquet, which debuted on Jan 22 for $99.99 at participating locations, but in time for Valentine's Mean solar day. Each bouquet was presented in a glass vase and featured Beef Jerky Outlet'southward original beef sticks topped with classic jerky shaped equally hearts and longhorns. The Beefiness Boutonniere was also available for delivery and was sent in a sturdy wooden box that included a Beef Jerky Outlet drink holder.

four.  Paul Lyons, president of Beefiness Jerky Outlet, said, "We are thrilled to offer our customers a fun, new option for a Valentine's Mean solar day present. Our tasty beefiness bouquet is a unique way to show the meat-lover in your life that you intendance. Not to mention, jerky is a much healthier option than many of the traditional Valentine's Mean solar day treats."

Celebrated National Jerky Twenty-four hour period with Launch of New Season

v.  On June 12, 2017, Beef Jerky Outlet hosted its annual National Jerky Day celebration with the Bacon Mania event and the launch of its make new flavour, Applewood Smoked Bacon Jerky. Salary Mania was a week-long consequence that started on June 12 and ran through Father'south Day on June 18.

6.  During the event, customers were able to bask gratuitous chocolate-covered bacon jerky samples, served fresh from a real chocolate fondue pot. Each store had a limited number of Salary Mania t-shirts to requite abroad. Beefiness Hasty Outlet likewise handed out recipe cards with jerky-centric recipes like "Human being Candy" and "Bacon Jerky Nachos." 4 ounce bags of bacon jerky were bachelor at a discounted rate and the Bacon Mania mascot, Hamlet the Hog, made appearances at select stores.

7.  The Bacon Mania event ended with a 1000 prize shopping spree for one lucky winner at each Beef Hasty Outlet location. The winner got the chance to grab as many 4-ounce bags of bacon jerky as they could in 12 seconds while wearing a full-body Hamlet the Hog adapt.

8.  Kathy Raines, chief operating officeholder of Beef Jerky Outlet, said, "We are thrilled to exist celebrating National Hasty Mean solar day again this yr. Every year, nosotros have so much fun with unlike events; this year, we have really stepped up the fun with Bacon Mania. Information technology'due south the perfect way to thank our customers for everything they've washed for united states and introduce our new Applewood Smoked Bacon Jerky."

Makes Donation to J.J. Watt Hurricane Relief Fund

9.  On September two, 2017, Beef Jerky Outlet hosted a national day of giving, where a portion of sales from all 102 locations were donated to the Hurricane Relief Fund of J.J. Watt, an NFL histrion for the Houston Texans. One of the brand's franchise owners from Corpus Christi, Texas was then touched by Watt'south pleas on social media, he suggested to the corporate office that Beefiness Jerky Outlet'south twenty-four hour period of giving support Watt's cause. Every bit a outcome, a total of $12,998 was raised and donated on behalf of the Texas owners that were impacted by Hurricane Harvey.

10.  Franchisee Clint Hall's three Beef Jerky Outlet locations in the Houston area were closed for days after the storm. Hall, a Houston Texans fan, was thrilled to hear nearly the 24-hour interval of giving initiative and wanted to help out every bit much as he could. He said, "So many people in our area were impacted, we just wanted to find a way to requite back. Our Texas owners along with our corporate team really stepped up and with the help of our owners around the state, nosotros are happy to be a part of what J.J. is doing for this cause."

Visitor History

11.  Beef Hasty Outlet was founded in 2010 by Paul Lyons and Scott Parker in Destin, Florida. Lyons and Parker recognized that Americans were suddenly very interested in beef jerky and the two wanted to sell high quality, small-scale-batch beef jerky that came in different varieties and flavors. They also established the make's biggest driver early on, a almost limitless amount of costless samples – customers are welcome to try equally many different types of jerky they want, inside reason.

12.  Lyons and Parker also decided to sell the best popcorn, cheeses, peanut butters, and other snacks to make full up the residuum of the store infinite and evoke a fun atmosphere. Today, beyond the Us, at that place are over 100 Beefiness Hasty Outlets that sell more than 100 varieties of premium jerky, including exotic meats like kangaroo, alligator, venison, and elk, as well every bit specialty flavors such as Moonshine and Cajun.

Entrepreneur'due south Franchise 500

xiii.  Beef Hasty Outlet ranked No. 99 on Entrepreneur'due south 2018 Franchise 500 listing.

Section Ii – Estimated Costs

• Delight click here for detailed estimates of Beefiness Hasty Outlet franchise costs, based on Detail 7 of the company's 2018 FDD.

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

• Please click hither for detailed information on Beef Jerky Outlet's initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company's 2018 FDD.

Section IV – Number of Franchised and Visitor-Owned Outlets

Franchised

2015

• Outlets at the Start of the Yr:  17
• Outlets at the Finish of the Yr:  35
• Cyberspace Change:  +18

2016

• Outlets at the Showtime of the Yr:  35
• Outlets at the End of the Year:  70
• Net Change:  +35

2017

• Outlets at the Start of the Year:  70
• Outlets at the End of the Twelvemonth:  97
• Net Modify:  +27

Visitor-Owned

2015

• Outlets at the Start of the Year:  8
• Outlets at the End of the Year:  9
• Net Change:  +one

2016

• Outlets at the Commencement of the Year:  9
• Outlets at the End of the Year:  7
• Internet Alter:  -ii

2017

• Outlets at the Outset of the Year:  7
• Outlets at the End of the Year:  7
• Cyberspace Change:  0

Department V – Financial Performance Representations (Detail nineteen, 2018 FDD) and Assay

• The franchise is for the performance of a business under the "Beef Jerky Outlet" name which is a specialty retail food store that features a diversity of jerky products, sausages and smoked meats, sauces, rubs, seasonings, marinades, jams, butters, jellies, peanuts, candies, cheeses, and other similar foods.

• In Part ane, Beef Jerky Outlet provides the average gross product sales, average gross product cost, average gross margin dollars, and average gross margin pct achieved past 8 non-franchised Stores owned and operated by Beefiness Jerky Outlet's affiliates for at to the lowest degree 1 yr.

• In Part 2, Beef Jerky Outlet has listed simply the average gross product sales accomplished past seventy Franchised Stores owned and operated by its franchisees for at to the lowest degree 1 twelvemonth.

• In Part 3, Beef Jerky Outlet provides additional breakdown detail for the Affiliated Stores in the form of 3 tiers. This provides a high, mid, and low perspective on the average gross product sales results of the Affiliated Stores. Other than with respect to the length of time that an Affiliated Store has been in performance, there are no material differences in the operation of an Affiliated Store as compared to a Franchised Store.

• In Part 4, Beef Hasty Outlet provides boosted breakdown detail for the Franchised Stores operated by its franchisees for at least one twelvemonth. This provides a high, mid, and low perspective on the boilerplate gross product sales results of the Franchised Stores.

• These outlets have earned these amounts. Your individual results may differ. There is no balls that y'all'll earn as much.

• The figures used in this statement are boilerplate gross sales, average gross cost, average gross profit, and average gross margin only.

• Beef Jerky Outlet does non supply or provide cost information; however, the toll of goods to Affiliated Stores and the cost of goods to Franchised Stores is the same. Beef Jerky Outlet'due south franchisees volition not incur a greater toll of goods than its affiliates.

• The Affiliated Stores exercise not pay royalties, but practice pay advert fees. There are no other unique costs to franchisees that are not borne by Affiliated Stores.

• Net income will vary from Shop to Store depending upon factors such every bit rental or real estate costs, labor costs, and other costs relating to the operation of the Store.

• The sales revenues shown in this chart reverberate the historic experience of Beef Hasty Outlet'southward Affiliated Stores and Franchised Stores; they should not be considered equally the actual or potential sales that you will realize. Results for a new franchisee may differ from the results stated in this fiscal performance representation.

• Beef Hasty Outlet offered substantially the same services to the Stores described in this Argument. These Stores offered substantially the same products and services to the public equally you volition. The Stores study gross sales information to Beefiness Hasty Outlet based upon a uniform reporting system.

• The information presented below has not been audited.

• You should also be aware that the financial performance of any particular Store might be affected by a number of factors that may vary due to the individual characteristics of the site. These factors include, but are not express to:

• competition from other businesses;
• location of your site;
• your experience;
• your power to operate the concern;
• the quality and effectiveness of your managerial skills;
• your decisions with respect to location, additional ad programs, personnel, and cost controls;
• geographic and socioeconomic weather in your locality;
• business cycles; and
• the performance of the local, national, and world economic system.

Part i – 2015, 2016, and 2017 Average Results of Affiliated Stores

2015

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Source: https://www.franchisechatter.com/2018/06/13/fdd-talk-2018-beef-jerky-outlet-franchise-review-financial-performance-analysis-costs-fees-and-more/

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