1984
9
$385,000
Inquire
$685,000
No
Corky's Ribs & BBQ stands as a testament to Memphis' rich barbecue heritage, blending time-honored recipes with a commitment to quality and community. Founded in 1984 by Don Pelts in East Memphis, Corky's began as a modest endeavor with a vision to serve authentic, hickory-smoked ribs and BBQ in a nostalgic, 1950s-inspired setting. Over the decades, it has evolved into a beloved institution, earning the title of Memphis' #1 BBQ joint over 22 times.
Today, Corky's operates multiple locations across Tennessee and Arkansas, offering a diverse menu that includes slow-smoked ribs, pulled pork, and signature sauces. The brand's commitment to quality extends beyond its restaurants, with a robust catering service and a successful line of packaged products available nationwide.
Investing in a Corky's franchise means aligning with a brand that has deep roots in Southern hospitality and culinary excellence. With a proven business model, a dedicated customer base, and a strong brand identity, Corky's offers a compelling opportunity for entrepreneurs seeking to enter the thriving BBQ industry.
Established Brand Recognition: Corky's has been a staple in the Memphis community for over 30 years, with a loyal customer base and a strong brand presence.
Proven Business Model: The franchise offers a tested operational framework, ensuring consistency and quality across locations.
Comprehensive Support: Franchisees receive extensive training and ongoing support in areas such as operations, marketing, and product sourcing.
Diverse Revenue Streams: Beyond dine-in services, Corky's generates income through catering, packaged products, and online sales.
Community Engagement: The brand's commitment to community involvement fosters customer loyalty and brand advocacy.
Corky's Ribs & BBQ was established in 1984 by Don Pelts, affectionately known as "Captain Don." The first restaurant opened in East Memphis on Poplar Avenue, featuring a nostalgic 1950s diner ambiance, a drive-thru, and a full-service dining experience. Pelts aimed to create an authentic barbecue destination that combined quality food with a unique atmosphere.
By 1990, Corky's began franchising, expanding its reach beyond Memphis. The company was a pioneer in shipping its signature BBQ nationwide. In 1987, responding to requests from out-of-town visitors, Corky's started shipping ribs and pulled pork overnight to fans across the country.
In 2021, Corky's underwent a significant ownership change. Jimmy Stovall, a long-time employee who had worked his way up from the drive-thru window to CEO, led a group of investors to acquire the company. This transition aimed to revitalize the brand while maintaining its commitment to quality and community.
As of October 2025, Corky's operates 9 locations across Tennessee and Arkansas, including Memphis, Cordova, Collierville, Olive Branch, Brentwood, Little Rock, North Little Rock, and Pigeon Forge. The company continues to explore expansion opportunities, with past ventures into markets like Houston and Dallas-Fort Worth.
Corky's has garnered numerous accolades over the years, including being named Memphis' #1 BBQ joint over 22 times. The brand's commitment to quality, service, and community involvement has solidified its position as a cherished institution in the Memphis area.
Corky's offers a comprehensive support system to ensure the success of its franchisees:
Pre-Launch Support: Assistance with site selection, restaurant design, and initial setup.
Training: Extensive training programs covering operations, customer service, and product preparation.
Operational Support: Ongoing guidance in areas such as inventory management, staffing, and quality control.
Marketing Assistance: Access to branded materials, promotional strategies, and national advertising campaigns.
Supply Chain Support: Established relationships with suppliers to ensure consistent product quality and availability.
Technology Tools: Provision of POS systems and other technological resources to streamline operations.
The ideal Corky's franchisee possesses the following attributes:
Business Acumen: Experience in restaurant management or a related field.
Passion for Hospitality: A genuine interest in providing exceptional customer service and creating a welcoming atmosphere.
Financial Capability: Sufficient capital to meet the investment requirements and sustain operations during the initial phase.
Community-Oriented: A desire to engage with and contribute to the local community.
Location Preference: Interest in establishing a presence in the Southeastern United States, particularly in areas with a strong appreciation for Southern cuisine.
| Expense Category | Estimated Range |
|---|---|
| Initial Investment | $385,000 – $685,000 |
| Franchise Fee | Not publicly disclosed |
| Royalty Fee | Not publicly disclosed |
| Marketing Fee | Not publicly disclosed |
| Infrastructure Costs | Included in initial investment |
| Working Capital | Included in initial investment |
| Marketing Budget | Included in initial investment |
| Break-even Time | Not publicly disclosed |
| Potential Revenue Streams | In-store sales, catering, retail products, online sales |
