U.S.-based Famous Dave's has inked a deal with a Canadian franchisee, Tribal Council Investment Group of Manitoba Ltd. (TCIG) for a new store opening in Winnipeg. Seven First Nations tribal councils of Manitoba own TCIG.
Famous Dave's owns 53 locations and has franchised 133 additional units in 35 U.S. states. Franchisees are required to have a minimum liquid net worth of $500,000. Costs of developing a location are between $630,000 and $4 million.
from Western Investor September 2012