The Brass Tap Franchise Opportunities
The Brass Tap offers more than extraordinary craft beers, handcrafted cocktails and in-house barrel-aged bourbons ... you'll discover unique food pairings, live music, trivia ... as well as arcade, pinball, and Nintendo games that create an immersive experience. The company was founded in 2008. The Brass Tap also provides franchise opportunities. As of 2018, the company operates 47 franchises in the United States.
How much does The Brass Tap franchise cost?
The Brass Tap has the franchise fee of up to $50,000, with total initial investment range of $791,967 to $1,327,475.
Initial Investment: $791,967 - $1,327,475
Net-worth Requirement: $500,000
Liquid Cash Requirement: $250,000
Ongoing Fees
Initial Franchise Fee: $37,500
Ongoing Royalty Fee: 4%
Ad Royalty Fee: 1.5%
Initial Investment and Startup Costs
| Type of expenditure | Cost |
|---|---|
| Estimated Initial Investment | $791,967 - $1,327,475 |
| Liquid assets | $250,000 per location 3rd Party financing options available |
| Net worth | $500,000 per location |
| Franchise Fee | |
| for first location | $37,500 |
| second location | $25,000 |
| third location | $15,000 |
| fourth location | $5,000 |
| fifth location | $0 |
| Royalty Fee: | 4% of adjusted gross sales |
| Marketing Fund Contribution | 1.5% adjusted gross sales |
| Website Fee | $25 weekly |
| Franchise Agreement Term | 10 years |
Support Options
On-The-Job Training: 196 hours
Classroom Training: 96 hours
Additional Training: At corporate training store
Number of Employees Required to Run: 10 - 20
The Brass Tap Franchise Info: https://thebrasstapfranchise.com
-
Starting investments from:$791,967
-
Company type:Bar
- Company foundation year:2008
- Year of launching the franchise2010
- Franchise enterprises:47
- Corporate Address:5660 W. Cypress St. Tampa, FL 33607, USA