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Rates
2025 FDD VERIFIEDFast Casual BBQ
The Piggy BBQ

The Piggy BBQ

Franchising since 2019

The total investment to open a The Piggy BBQ franchise ranges from $305,800 - $941,600. The initial franchise fee is $35,000. Data sourced from the 2025 Franchise Disclosure Document.

Investment

$305,800 - $941,600

Franchise Fee

$35,000

FPI Score

This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.

Top SBA Lenders for The Piggy BBQ

What is the The Piggy BBQ franchise?

Every serious franchise investor eventually confronts the same core question: is this brand built on a real culinary identity that customers will seek out repeatedly, or is it a generic concept dressed up with franchise paperwork? The Piggy BBQ answers that question with a genuine origin story rooted in craft barbecue, community demand, and husband-and-wife entrepreneurial conviction. The brand traces its roots to 2012, when it was originally founded in Walker, Minnesota, establishing a regional reputation for slow-cooked barbecue before husband-and-wife team Steve Hopper and Amie Ysteboe Hopper — along with Amie's mother, Kim Hoffman — acquired the business in 2016. Rather than simply operating a single successful location, the Hoppers spent four years refining the operational model, supply chain, and customer experience before formally establishing the franchise system in May 2020, headquartered in West Fargo, North Dakota. That deliberate, four-year runway between acquisition and franchising is a meaningful signal: the founders built the playbook before selling it. The Piggy BBQ currently operates within the United States, with a total of two locations representing the brand's early-stage footprint — the West Fargo corporate location established as the brand's first expansion in May 2020, and the Thief River Falls, Minnesota, franchise opened by Paul Kamrud and Priscilla Von Ende, which they discussed publicly in February 2024. The U.S. barbecue restaurant segment alone generates billions in annual consumer spending, with fast casual as a category commanding a growing share of the broader restaurant industry's projected $1 trillion-plus in total U.S. foodservice sales. The Piggy BBQ occupies a fast casual positioning within that landscape, combining the ticket efficiency of counter service with the premium product differentiation of craft barbecue. This analysis is produced by PeerSense as independent franchise intelligence — not sponsored content, not marketing copy issued by the franchisor.

The restaurant industry's aggregate economic footprint in the United States has crossed $1 trillion in annual consumer spending, and the fast casual segment has consistently been the category's fastest-growing format over the past decade. Fast casual outperforms both quick service and full service on the metrics that matter most to franchise investors: average ticket size, customer loyalty scores, and same-store sales growth trends. Within fast casual, barbecue represents a specialized and defensible niche — it is operationally complex to execute well, which creates a natural barrier to entry that commodity burger or sandwich concepts do not enjoy. Americans' appetite for smoked meats, regional BBQ styles, and premium comfort food has proven durable across economic cycles, and the category has demonstrated resilience during inflationary periods because consumers perceive craft BBQ as a value-for-money trade-up from fast food without the full cost of sit-down dining. Consumer behavior data consistently shows that demand for "higher quality and more specialized service options" is one of the primary structural forces reshaping the restaurant landscape, a trend that directly benefits brands like The Piggy BBQ that are built around genuine culinary craft rather than manufactured brand identity. The franchise sector broadly continues to expand its total location count and employment base, frequently outpacing independent restaurant openings on a unit-growth basis. The fragmented nature of the regional BBQ segment — dominated by independents rather than scaled national chains — means that a franchised BBQ concept with a replicable system and training infrastructure has a structural opportunity to consolidate local demand into a branded network. Macro tailwinds including convenience-seeking consumer behavior, tech-enabled ordering adoption, and sustained demand for premium casual dining experiences all create favorable conditions for a well-positioned fast casual BBQ franchise operator entering now.

The Piggy BBQ franchise investment begins with a franchise fee of $35,000, which sits at a competitive level relative to the broader fast casual franchise category, where initial fees commonly range from $25,000 to $50,000 depending on brand scale and system maturity. The total investment required to open a The Piggy BBQ franchise ranges from $305,800 on the lower end to $941,600 at the higher end — a spread of approximately $636,000 that reflects the significant variability in build-out costs, lease terms, equipment configurations, and geographic market conditions a franchisee may encounter. The lower end of that range is likely associated with conversion opportunities or markets with lower real estate costs in the upper Midwest, while the higher end reflects full ground-up builds or higher-cost metro markets. The minimum cash required to enter the system starts at $10,000, making this one of the more accessible entry thresholds in the fast casual franchise space for liquid capital requirements, though prospective franchisees should work with a franchise attorney and financial advisor to stress-test their full capitalization plan against the upper bound of the investment range. The Piggy BBQ franchise cost structure places it firmly in the accessible-to-mid-tier segment of restaurant franchise investment — above the lowest-cost mobile or kiosk concepts, but well below the $1 million-plus entry thresholds of larger national fast casual chains. The total cost of ownership must account for not just the initial franchise fee and build-out, but also working capital reserves adequate to sustain operations through the ramp-up period, which industry data consistently shows averages six to twelve months for new restaurant franchise locations. Prospective investors should request the complete Franchise Disclosure Document from the franchisor to review any additional technology, marketing, or operational fee structures that may apply beyond the initial franchise fee, as these ongoing costs materially affect unit economics and return timeline calculations.

The Piggy BBQ operates as a fast casual barbecue concept, meaning daily operations center on a counter-service or limited-service model where a relatively lean team executes a focused barbecue menu for lunch and dinner dayparts. The franchisee experience documented by Paul Kamrud and Priscilla Von Ende in Thief River Falls, Minnesota, illustrates what the operational reality looks like on the ground: the work demands constant engagement across supply management, number analysis, staffing coordination, and customer-facing hospitality, and they described the lifestyle transformation as moving from being homebodies to enthusiastic hosts, underscoring that this is an owner-operator intensive model. The Piggy BBQ's training program provides two weeks of initial training conducted at the corporate headquarters in West Fargo, North Dakota, giving incoming franchisees direct immersion in the brand's operational systems, recipes, and service standards before they open their own location. Beyond initial training, franchisees receive an operations manual, marketing materials, and ongoing corporate support, along with access to a network of fellow franchisees that facilitates peer learning and shared problem-solving — a resource that carries disproportionate value in a small, early-stage system where every operator's experience is directly relevant to every other operator. Marketing support appears to be a strength of the system relative to its size: the Thief River Falls franchisees reported that their own marketing expenditures were minimal, with overwhelming community engagement and organic social media traction driving significant foot traffic from opening, which suggests the brand has strong grassroots resonance in markets that have been underserved by quality BBQ concepts. The franchise system does not yet have a large enough footprint to specify multi-unit development expectations publicly, but the early pattern of single-unit franchisee openings in regional markets points toward a community-by-community growth strategy rather than aggressive multi-unit rollouts.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for The Piggy BBQ, meaning the franchisor has not published average unit volumes, median gross sales, or owner earnings figures that are independently verifiable from the FDD. This is not unusual for early-stage franchise systems — with two locations operating, a statistical disclosure of average revenues would be of limited analytical utility and could expose individual franchisee location data in ways that create privacy and competitive concerns. What the FDD does contain, according to available information, is a Financial Performance and Revenue section that includes references to yearly gross sales and owner-operator estimated earnings, but access to those specific figures requires direct engagement with the franchisor as part of the formal discovery process. Prospective investors should use the broader industry benchmarks available for fast casual restaurant franchises as a reference point: fast casual units in the United States generate median annual revenues that typically range from $800,000 to $1.5 million depending on market size, format, and brand maturity, with owner-operator earnings commonly representing 10 to 20 percent of gross sales in well-run operations after royalties, labor, food cost, and occupancy are accounted for. The fact that The Piggy BBQ's total investment tops out at $941,600 provides a useful ceiling for payback period modeling — at industry-median fast casual revenues of approximately $1 million annually and a 15 percent owner earnings margin, a franchisee generating $150,000 in annual discretionary cash flow would achieve a six-to-seven-year payback on a maximum-investment build-out, or a substantially shorter payback period if the actual investment comes in near the lower end of the range. The Thief River Falls franchisees' report of strong community demand and minimal marketing spend required to generate initial traffic is a qualitative performance signal that cannot substitute for audited financial data, but it does suggest that in the right regional market, The Piggy BBQ's brand appeal drives customer acquisition at lower cost than many concepts requiring heavy promotional investment.

The Piggy BBQ's growth trajectory is that of an early-stage regional franchise system making deliberate, methodical progress rather than pursuing aggressive unit growth funded by franchise fee revenue alone. The brand launched its franchise system in May 2020 — a remarkable moment to begin franchising given the pandemic-era restaurant industry collapse — and yet the West Fargo corporate location served as the proof-of-concept first expansion. The addition of the Thief River Falls, Minnesota, location, opened by franchisees Paul Kamrud and Priscilla Von Ende and publicly discussed in February 2024, represents the second U.S. location and demonstrates that the brand has maintained franchisee interest and operational momentum through the post-pandemic normalization period. The company's leadership structure remains founder-led, with Steve Hopper and Amie Ysteboe Hopper at the helm, and Amie's mother Kim Hoffman — who joined the business at the time of the 2016 acquisition — noted as moving toward retirement, signaling a natural leadership transition that the franchisor will need to manage as the system scales. The competitive moat for The Piggy BBQ rests on several reinforcing factors: the brand's genuine 2012 culinary heritage, which predates the franchise system by eight years and gives it authentic credibility that purely manufactured franchise concepts lack; the operational complexity of quality barbecue, which creates a replication barrier that protects against copycat local competition; and the demonstrated community loyalty in its existing markets, where social media-driven organic growth has delivered traffic that would otherwise require expensive paid customer acquisition. Menu items including the Buffalo Chicken Mac Bowl, traditional wings recognized for sauce-to-meat ratio and flavor quality, the Piggy Platter, boneless wings with sweet bourbon sauce, and the brand's smoked Mac and Cheese have generated consistently positive customer reception, providing the franchisee with a proven menu that drives repeat visitation.

The ideal The Piggy BBQ franchise candidate is an owner-operator with a strong orientation toward community engagement, hands-on business management, and genuine enthusiasm for the hospitality dimension of running a restaurant. The experience of Paul Kamrud and Priscilla Von Ende illustrates the profile well: their motivation was rooted in creating a distinctive culinary experience, generating local employment, and building community connection — not simply passive income generation. Prospective franchisees should be prepared to be actively involved in daily operations, particularly during the launch and ramp-up phase, and should have management experience sufficient to handle the parallel demands of staffing, supply chain, financial controls, and customer relations that define the day-to-day reality of a fast casual restaurant. The geographic profile of The Piggy BBQ's existing locations — Walker, Minnesota; West Fargo, North Dakota; and Thief River Falls, Minnesota — suggests that the brand has demonstrated strongest resonance in mid-sized regional markets across the upper Midwest where a quality craft barbecue concept represents a genuine market gap rather than incremental competition in an already saturated restaurant landscape. The two-week initial training program at West Fargo headquarters provides new franchisees with foundational operational knowledge, but candidates with prior food service or restaurant management experience will be better positioned to compress the learning curve between training completion and full operational proficiency. The franchise agreement timeline from signing to opening will vary based on real estate selection, permitting, and build-out duration, but regional markets in the upper Midwest with lower construction cost and permitting complexity may allow faster paths to opening than coastal or urban markets.

The Piggy BBQ franchise opportunity presents a distinctive investment thesis for a specific type of franchise investor: someone who values founding-era entry into an authentic regional brand, is comfortable with the higher uncertainty that accompanies early-stage franchise systems, and sees genuine unmet demand for quality craft BBQ in their target market. The risk-reward calculus here is meaningfully different from investing in a 500-unit national chain with decades of disclosed financial performance data — the upside of early-mover franchise positioning in a growing brand is paired with the due diligence responsibility of scrutinizing a system that has not yet built a long performance track record across dozens of locations. The broader fast casual restaurant market's position within a $1 trillion-plus U.S. foodservice industry, combined with secular consumer trends toward premium, specialized, and craft food experiences, creates a favorable macro backdrop for the category. The $35,000 franchise fee and total investment range of $305,800 to $941,600 place The Piggy BBQ in a range that is financeable through a combination of personal capital, SBA-eligible lending programs, and conventional business financing, though prospective investors should conduct thorough due diligence on their specific market's construction costs and competitive dynamics before committing capital at the higher end of that range. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to evaluate The Piggy BBQ franchise cost and investment structure against peer concepts across the fast casual and barbecue franchise categories with independent, unbiased intelligence. Explore the complete The Piggy BBQ franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

Key Highlights

Data Insights

Key performance metrics for The Piggy BBQ based on SBA lending data

Investment Tier

Significant investment

$305,800 – $941,600 total

Why The Piggy BBQ Doesn't Appear in Public SBA Data

The SBA 7(a) program publishes loan-level data for every approved franchise borrower. The Piggy BBQ does not currently appear in those public records — and that absence carries useful information for prospective franchisees evaluating this brand.

Absence from SBA records does not mean a brand is un-fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self-fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA-guaranteed 7(a) loan. For prospective The Piggy BBQ franchisees, the practical question is which financing path actually closes for this brand's profile.

Data window: SBA 7(a) approvals reported through the most recent FOIA release. Absence of The Piggy BBQ from this window does not reflect lender denial — it reflects no 7(a)-program activity recorded for this brand in the public dataset.

Payment Estimator

Loan Amount$245K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$3,166

Principal & Interest only

Locations

The Piggy BBQunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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The Piggy BBQ