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SUBJECT DOSSIER · FDD 2026

BP Smokehouse Franchise

Cost, fees, owner earnings, closure rate and litigation for a BP Smokehouse franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Quick Service Restaurants · disclosure-honesty grade · from public state filings

Disclosure honesty

C
Transparency 3 / 5

BP Smokehouse discloses earnings (Item 19) — but the grade is how honestly. We graded it C.

Outlets1
Disclosed lawsuits0
Closure signals0 ceased
Investment
$418,250–$736,100
Total fees
6% of sales
Outlets
1
Closure signals
0 ceased, 0 terminated
Lawsuits
0

What their own earnings claim actually says

One company-owned outlet (open since June 2015) showing $604,112 gross sales for 2025. No franchised outlets operating. Imputed fees shown. No operating expenses disclosed.

What a BP Smokehouse franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$45,000Item 5 — paid up front, before you open
Royalty5% of gross salesItem 6 — charged on revenue, not profit
Advertising fund1% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees6% of gross salesBefore rent, labor, food or debt service
Total initial investment$418,250 – $736,100Item 7 — franchisor's own low/high estimate

5% royalty, 1% marketing fund. Extensive additional fees for training, non-compliance, transfer ($10k+), and indemnity. 2% required local marketing spend.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

BP Smokehouse system size and owner turnover

Total outlets1
Ceased operations0
Terminated by franchisor0
Transferred to new owners0
Closure rate0.0% of outlets

Brand new franchisor; zero franchised outlets as of 2025; single company-owned location only.

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is BP Smokehouse worth it? — how it compares to 164 similar franchises

Ongoing fees6% of saleslower than most (median 8%)
Startup costfrom $418,250about average (median $481,500)
Disclosure honestyGrade Ctypical for the category
Closure rate0.0% of outletsbetter than most (median 1.3%)
Disclosed lawsuits0fewer than most

Benchmarked against every quick service restaurants franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a BP Smokehouse

The franchisor's framing: One company-owned outlet (open since June 2015) showing $604,112 gross sales for 2025. No … We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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BP Smokehouse franchise — frequently asked

How much does a BP Smokehouse franchise cost?
The FDD lists a total initial investment of about $418,250–$736,100, including a $45,000 initial franchise fee.
How much do BP Smokehouse franchise owners make?
One company-owned outlet (open since June 2015) showing $604,112 gross sales for 2025. No franchised outlets operating. Imputed fees shown. No operating expenses disclosed. We grade this disclosure C for honesty.
What are the BP Smokehouse franchise fees?
BP Smokehouse's FDD discloses a $45,000 initial franchise fee, a 5% royalty on gross sales, a 1% advertising-fund contribution, for roughly 6% of gross sales in recurring fees before rent, labor, or debt service. 5% royalty, 1% marketing fund. Extensive additional fees for training, non-compliance, transfer ($10k+), and indemnity. 2% required local marketing spend.
What is the BP Smokehouse franchise profit margin?
BP Smokehouse does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: One company-owned outlet (open since June 2015) showing $604,112 gross sales for 2025. No franchised outlets operating. Imputed fees shown. No operating expenses disclosed. Recurring fees alone take about 6% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the BP Smokehouse franchise failure rate?
Brand new franchisor; zero franchised outlets as of 2025; single company-owned location only.
How many BP Smokehouse locations are there?
BP Smokehouse's FDD reports 1 total outlets, with 0 that ceased operations in the most recent reporting year and 0 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does BP Smokehouse have complaints or lawsuits?
BP Smokehouse discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a BP Smokehouse franchise worth it?
It depends on the numbers, not the pitch. BP Smokehouse scores C on disclosure honesty, carries about 6% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: WI DFI Franchise Registration (2026). FranchiseValidate is independent and not affiliated with BP Smokehouse or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.