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Mighty Quinn's Barbeque franchise

2022 filing · March 14, 2022GrowingShares sales figures

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Mighty Quinn's Barbeque at a glance

A fast-casual barbecue restaurant serving smoked brisket, ribs, pulled pork, sides and sandwiches. At the end of 2021 there were 10 Mighty Quinn's Barbeque locations in the US, 1 franchised and 9 company-owned, so most are run by the company itself.

The business

Industry
Fast food
Also listed in restaurant and food
Franchisor
Mighty Quinn's Franchising, LLC
The company that sells the franchises
Who runs it
Manager
A trained manager can run it day to day
Franchising since
2018
4 years of selling franchises
Franchisor based in
Passaic, New Jersey

What you pay

Cost to open
$739K–$896K
A flagship Mighty Quinn's restaurant
Franchise fee
$45,000
Paid once, when you sign
Royalty
5%–6%
5% of yearly gross sales up to $2 million and 6% above that, paid weekly
Brand fund
Yes
Up to 1% of gross sales, paid weekly
Renewal fee
$10,000
When the agreement ends and you sign again
Agreement length
10 years
Territory
Protected
Protected territory
Franchisor financing
None offered
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2021
10
Franchised and company-owned
Franchised
1
Company-owned
9
Change in 3 years
+1
Franchised locations, 2019–2021
States
2
Most in New York and New Jersey

Support and records

Shares sales figures
Yes
For some or all locations
Initial training
138 hours
16 hours in class and 122 on the job
SBA loans approved
2
2021
Lawsuits disclosed
None
Bankruptcy disclosed
None
Franchisor revenue, 2021
$185K
The company, not one location
Franchisor net income
$67K
Latest filing
Mar 14, 2022
2022 filing

From Mighty Quinn's Franchising, LLC’s 2022 filing; revenue and net income from its audited financial statements, page 76; SBA status from the SBA Franchise Directory, October 28, 2026.

Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.

Where it ranks

Mighty Quinn's Barbeque among all franchises with the same figure.

FigureMighty Quinn's BarbequeAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$817,911Costs more than 79% of franchises
Franchise feePaid once, when you sign$45,000Higher than 55% of franchises
RoyaltyShare of sales paid to the franchisor5%Lower than 69% of brands with a set rate
US locationsFranchised and company-owned10Fewer than 61% of franchises

How much a Mighty Quinn's Barbeque franchise costs

Opening a flagship Mighty Quinn's restaurant costs an estimated $739,488 to $896,334. That covers the franchise fee and everything else needed to open, through the first months of working capital.

The biggest costs are construction and leasehold improvements ($335,000 to $415,000) and furniture, fixtures and equipment ($229,238 to $254,709). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
Initial Franchise Fee$45,000
Construction and Leasehold Improvements$335,000$415,000
Furniture, Fixtures and Equipment$229,238$254,709
Signs$10,000$15,000
Computer, Software and Point of Sales System$3,500$4,000
Initial Inventory$16,000$18,000
Prepaid Rent and Lease Deposits$22,500$40,625
Utility Deposits$2,500$4,500
Insurance Deposits$12,000$15,000
Travel for Initial Training$2,500$4,500
Grand Opening Marketing Expense$5,000$7,500
Professional Fees$15,000$20,000
Business Licenses and Permits$750$1,500
Printing, Stationary and Office Supplies$500$1,000
Additional Funds – Initial period of 3 months$40,000$50,000
Total$739,488$896,334

Source: Mighty Quinn's Franchising, LLC, 2022 filing, page 17

Mighty Quinn's Barbeque franchise fee

The franchise fee is $45,000. You pay it when you sign the franchise agreement.

Source: Mighty Quinn's Franchising, LLC, 2022 filing, page 12

Royalty and ongoing fees

Royalty5% of yearly gross sales up to $2 million and 6% above that, paid weekly.
Brand or marketing fundUp to 1% of gross sales, paid weekly.
Point of SaleCurrently approximately $300 per month, subject to increase
Transfer$15,000
Renewal$10,000
Local MarketingMinimum of 1% of monthly Gross Sale.

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: Mighty Quinn's Franchising, LLC, 2022 filing, page 13

Other fees as filed, from pages 13–14. The filing lists every fee, including late fees and audit costs.

Sales and earnings

Shares figures Mighty Quinn's Barbeque publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.

Source: Mighty Quinn's Franchising, LLC, 2022 filing, page 49

Estimate Estimated yearly sales per location
$860K–$1.5M

Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.

SBA loans to Mighty Quinn's Barbeque franchisees

Lenders approved 2 SBA 7(a) loans for Mighty Quinn's Barbeque franchisees in 2021, $1.64M in all. All 2 that have ended were paid in full; none was charged off.

A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.

Source: SBA 7(a) and 504 loan data, as of September 30, 2026

How Mighty Quinn's Barbeque compares

Of the 309 fast food franchises on this site, Mighty Quinn's Barbeque is the 254th cheapest to open and the 185th largest by number of locations.

FigureMighty Quinn's BarbequeTypical fast food brandTypical franchise
Cost to open, low end$739K$353K$222K
Cost to open, high end$896K$786K$477K
Franchise fee$45K$35K$40K
Royalty5%6%6%
US locations102321
Closed or left per year0%5.8%–
Shares earnings figuresYes189 of 3092,147 of 3,352

Typical is the median across the 309 brands in fast food franchises; typical franchise, across every brand here.

Locations opened and closed

1 opened
0 closed or left
Franchised locations, last 3 years
2019
0 opened0 closed or left
0 (0)
2020
1 opened0 closed or left
1 (+1)
2021
0 opened0 closed or left
1 (0)
YearFranchisedCompany-ownedOpenedClosed
20190 (0)900
20201 (+1)9+10
20211 (0)900

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: fast food franchise costs and franchise failure rates.

Source: Mighty Quinn's Franchising, LLC, 2022 filing, page 54

Source filing (2022, PDF)

Where Mighty Quinn's Barbeque locations are

At the end of 2021, Mighty Quinn's Barbeque had locations in 2 states. The most are in New York and New Jersey.

  • New York10
  • New Jersey2
StateFranchisedCompany-ownedTotal
New York1910
New Jersey022

Source: Mighty Quinn's Franchising, LLC, 2022 filing, page 55

Who owns Mighty Quinn's Barbeque?

Mighty Quinn's Barbeque franchises are sold by Mighty Quinn's Franchising, LLC. It is a subsidiary of Mighty Quinn’s Holdings, LLC.

From Mighty Quinn's Franchising, LLC’s 2022 filing, page 8.

Mighty Quinn's Barbeque filings

The figures on this page come from Mighty Quinn's Franchising, LLC’s 2022 filing, issued March 14, 2022, on record with the NASAA Electronic Filing Depository.

Mighty Quinn's Barbeque filings, newest first
FilingIssuedRegistryOn this page
2022 filingMarch 14, 2022NASAA depositoryCosts, fees and locations, 2019–2021

Each link opens the filing as a PDF. See the newest filings across all brands.

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