As of Oct 1, 2017, there were 154 Famous Dave's restaurants operated in 34 states, Puerto Rico and one Canadian province, including 25 company-operated restaurants and 129 franchise-operated restaurants.
In fiscal 2016, the company closed 3 net stores, systemwide. The company closed 22 net stores, systemwide, in the first nine months of 2017. The company does not expect to open any new company-operated restaurants next year.
At year-end, the company owned 5 restaurants and the remaining 39 locations were leased. Restaurants are built based off of three prototypes: 5,000 and 6,000 square foot packages built as free standing buildings, a 4,000 square foot model constructed as an end cap of a building, and a new 2,500 to 3,000 square foot design constructed as a counter-service location in an existing building or as an in-line location. Additionally, the company offers lower cost conversion packages that provide franchisees with the flexibility to build in cost effective formats, such as opportunities to convert existing restaurants into a Famous Dave’s restaurant.
|Company-operated restaurant growth||-32.4%||-15.9%||-12.0%||-7.4%||1.9%||-1.9%|
|Franchised restaurant growth||-7.2%||3.0%||-2.9%||-0.7%||3.7%||1.5%|
|Systemwide restaurant growth||-12.5%||-1.7%||-5.3%||-2.6%||3.2%||0.5%|
|Avg restaurant gross sq ft||6,200||5,900||5,800||5,800||5,800||5,800|
|Avg restaurant gross sq ft growth||5.8%||0.4%||0.7%||0.5%||-0.1%||-0.8%|