Brass Tap Franchise FDD, Profits & Costs (2025)
Established by Jeff Martin in 2008 in Wesley Chapel, Florida, Brass Tap has quickly become a trailblazer in the craft beer scene, known for its diverse beer offerings and friendly environment.
With its main office in Tampa, Florida, Brass Tap is steeped in a tradition of excellence, focusing on top-notch service and a wide beer selection.
In 2012, Brass Tap began offering franchise opportunities, inviting passionate entrepreneurs and beer lovers to share the Brass Tap experience with their communities.
The franchise boasts an extensive beer menu, including draft, bottled, and canned varieties, complemented by a selection of tasty pub-style dishes, making it a favorite among both beer and food lovers.
Initial Investment
How much does it cost to start a Brass Tap franchise? It costs on average between $787,000 – $1,225,000 to start a Brass Tap franchised business.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of facility you choose, the location, and whether the franchisee chooses to lease or purchase the property.
Type of Expenditure | Amount (Low – High) |
---|---|
Franchise Fee | $25,000 |
Training Fee | $18,000 |
Leasehold Improvements | $448,000 – $620,000 |
Lease Deposit | $17,500 – $40,500 |
Equipment | $140,000 – $210,000 |
Furnishings and Fixtures | $20,000 – $45,000 |
Audio and Video Equipment | $25,000 – $50,000 |
Signage | $10,000 – $20,000 |
Initial Inventory | $20,000 – $30,000 |
Architect Fees and Permits | $7,500 – $10,000 |
Computer System | $10,000 – $14,600 |
Computer Support – 3 Months | $1,950 |
Travel, Lodging and Meals for Initial Training | $2,500 – $8,000 |
Licenses and Permits | $1,500 – $7,500 |
Insurance | $4,000 – $18,000 |
Promotional and Advertising – 3 months | $3,000 – $8,000 |
Professional Fees | $3,000 – $8,000 |
Liquor License | $10,000 – $50,000 |
Additional Funds – 3 Months | $20,000 – $40,000 |
TOTAL | $786,950 – $1,224,550 (excluding real property/tenant improvement allowance) |
Average Revenue (AUV)
How much revenue can you make with a Brass Tap franchise? A Brass Tap franchised business makes on average $1,289,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,132,000 yearly revenue for similar other food & beverage franchises. Below are 10 Brass Tap competitors as a comparison:
Brass Tap Franchise Disclosure Document
Frequently Asked Questions
How many Brass Tap locations are there?
The Brass Tap franchise operates around 50 locations across the United States. These locations are primarily franchise-owned, and the company allows franchisees flexibility in selecting local craft beers and maintaining regional touches in branding, which enhances its market appeal within the craft beer industry.
What is the total investment required to open a Brass Tap franchise?
The total investment required to open a Brass Tap franchise ranges from $787,000 to $1,225,000.
What are the ongoing fees for a Brass Tap franchise?
The Brass Tap franchise charges a royalty fee of 4% of gross sales, contributing to ongoing brand support and operational resources. Additionally, franchisees pay a marketing fee, typically around 1-2% of gross sales, which funds national and local advertising efforts to boost visibility and customer engagement across all franchise locations.
What are the financial requirements to become a Brass Tap franchisee?
To become a Brass Tap franchisee, candidates need a minimum net worth of $450,000, reflecting the financial stability required to manage and grow the business.
Additionally, potential franchisees must have at least $250,000 in liquid capital. This liquid capital ensures they have the necessary funds to cover initial costs, operational expenses, and any early financial needs as the business establishes itself.
How much can a Brass Tap franchise owner expect to earn?
The average gross sales for a Brass Tap franchise are approximately $1.29 million per location. Assuming a 15% operating profit margin, $1.29 million yearly revenue can result in $193,500 EBITDA annually.
Who owns Brass Tap?
The Brass Tap is owned by FSC Franchise Co., LLC, a company that also owns and operates the Beef ‘O’ Brady’s sports pub chain. FSC Franchise Co. acquired The Brass Tap in 2012, integrating it into its portfolio to expand into the craft beer and upscale bar market.
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