The Piggy BBQ franchise
2024 filing · April 24, 2024
The Piggy BBQ at a glance
A fast-casual barbecue restaurant. At the end of 2023 there were 2 The Piggy BBQ locations in the US, all company-owned.
The business
- Franchisor
- The Piggy BBQ Franchise, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2023
- Franchisor based in
- West Fargo, North Dakota
What you pay
- Cost to open
- $383K–$942K
- Large location
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross revenue, paid monthly
- Renewal fee
- See terms
- 35% of the then current initial franchise fee
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2021–2023
From The Piggy BBQ Franchise, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
The Piggy BBQ among all franchises with the same figure.
| Figure | The Piggy BBQ | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $662,200 | Costs more than 74% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a The Piggy BBQ franchise costs
Opening large location costs an estimated $382,800 to $941,600. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($150,000 to $300,000) and equipment, TV, cameras, and other supplies ($75,000 to $200,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $35,000 | ||
| Traveling and Living Expenses while Training | $2,000 | $4,000 | |
| Real Property Rent and Security Deposits | $21,000 | $54,000 | |
| Leasehold Improvements | $150,000 | $300,000 | |
| Furniture, Fixtures, and Décor | $30,000 | $60,000 | |
| Initial Inventory and Supplies | $10,000 | $30,000 | |
| Signage | $8,000 | $14,000 | |
| Grand Opening Advertising | $3,000 | $6,000 | |
| Licenses, Permits, and Certifications | $5,000 | $150,000 | |
| Insurance (3 Months) | $1,800 | $3,600 | |
| Equipment, TV, Cameras, and other Supplies | $75,000 | $200,000 | |
| Professional Fees | $2,000 | $5,000 | |
| Additional Funds (3 months) | $40,000 | $80,000 | |
| Total | $382,800 | $941,600 | |
Source: The Piggy BBQ Franchise, LLC, 2024 filing, page 16
The Piggy BBQ franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: The Piggy BBQ Franchise, LLC, 2024 filing, page 11
Royalty and ongoing fees
| Royalty | 5% of gross revenue, paid monthly. |
|---|---|
| POS and Software Fees | Approximately $1,200 per month plus transaction costs |
| Renewal Fee | 35% of the then current initial franchise fee |
| Local Advertising | 1% of Gross Revenues |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: The Piggy BBQ Franchise, LLC, 2024 filing, page 12
Other fees as filed, from pages 12–13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures The Piggy BBQ does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: The Piggy BBQ Franchise, LLC, 2024 filing, page 40
- Estimate Estimated yearly sales per location
- $1M–$1.8M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How The Piggy BBQ compares
Of the 813 restaurant franchises on this site, The Piggy BBQ is the 374th cheapest to open and the 677th largest by number of locations.
| Figure | The Piggy BBQ | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $383K | $408K | $222K |
| Cost to open, high end | $942K | $866K | $477K |
| Franchise fee | $35K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| US locations | 2 | 14 | 21 |
| Shares earnings figures | No | 474 of 813 | 2,147 of 3,352 |
Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 2 | 0 | 0 |
| 2022 | 0 (0) | 2 | 0 | 0 |
| 2023 | 0 (0) | 2 | 0 | 0 |
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: franchise failure rates.
Source: The Piggy BBQ Franchise, LLC, 2024 filing, page 41
Who owns The Piggy BBQ?
The Piggy BBQ franchises are sold by The Piggy BBQ Franchise, LLC. Its filing names no parent company.
From The Piggy BBQ Franchise, LLC’s 2024 filing, page 9.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: The Piggy BBQ Franchise, LLC, 2024 filing, litigation on page 10, bankruptcy on page 11
The Piggy BBQ filings
The figures on this page come from The Piggy BBQ Franchise, LLC’s 2024 filing, issued April 24, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 24, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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