{"id":28878,"date":"2018-10-12T20:01:51","date_gmt":"2018-10-13T00:01:51","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=28878"},"modified":"2025-01-27T12:22:23","modified_gmt":"2025-01-27T17:22:23","slug":"113-reasons-to-not-buy-a-franchise","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/113-reasons-to-not-buy-a-franchise","title":{"rendered":"Here Are 113 Reasons To NOT Buy a Particular Franchise (A Dickies BBQ Franchise Review)"},"content":{"rendered":"

\"Dickey's<\/a><\/p>\n

Do I have your attention?<\/p>\n

Good. Let’s dig in to my review of a Dickies BBQ franchise.<\/p>\n

On Franchising<\/h2>\n

As a business model, you’d be hard-pressed to find one as good-and as powerful as franchising.<\/p>\n

Simply put, if you’re looking to be your own boss, quickly, without some of the hassles that startup businesses have, owning a franchise business can be an excellent<\/a> way to go.<\/p>\n

That said, not all franchise opportunities are created equal. Some franchises are amazing, some are pretty average, and some are just plain bad.<\/p>\n

That’s why it’s crucial to do good<\/del> great research<\/a> before you sign on the dotted line.<\/p>\n

But that (research<\/em>) isn’t what this post is about. As you’ll soon see.<\/p>\n

113?<\/h2>\n

Strange number, right?<\/p>\n

Why not 110…or 100?<\/p>\n

Because those<\/em> aren’t the numbers.<\/p>\n

113 is the number<\/strong>.<\/p>\n

Specifically, it’s the number of specific Dickies BBQ franchise locations that have closed in the fiscal year that ended May 31.<\/p>\n

According to an article Jonathan Maze<\/a>, (who has only gotten mad at me once in 7 years<\/em>) wrote for Restaurant Business Online<\/strong>, that number translates into this:<\/p>\n

One out of every five locations that were open at the start of the chain’s last fiscal year were closed by the end of it<\/em>.<\/p>\n

That’s crazy!<\/strong><\/p>\n

The Franchise I’m Talking About Is…<\/h2>\n

Dickey\u2019s Barbecue Pit<\/strong><\/a>.<\/p>\n

And according to Maze, “The company-Dicky’s BBQ<\/a> franchise, was one of the fastest-growing restaurant chains in the U.S. between 2010 and 2015, when it skyrocketed from 115 locations to more than 500, giving it restaurants throughout the country<\/em>.”<\/p>\n

So what happened?<\/p>\n

From what I’ve read, a lot of bad stuff. Greedy<\/strong> stuff.<\/p>\n

According to Unhappy Franchisee<\/a>:<\/p>\n

“Dickey\u2019s Barbecue Pit franchise owners may be closing their businesses and going bankrupt across the country, but that doesn\u2019t mean the founder\u2019s grandson Roland Dickey, Jr. and his family are suffering. According to an inside source who claims to have reviewed the DBRI corporate ledger, between 2010 and 2014, Roland Dickey, Jr. received over $5 million in the form of salary and \u201cconsulting fees\u201d paid through family-owned corporations disguised to look like 3rd party vendors. The Dickey family may have extracted more than $15 million from the reportedly troubled franchise chain since 2011<\/em>.”<\/p>\n

\"Dickey's<\/a>