The Brass Tap
Food & Beverage · Bars & Pubs
- Active units
- 42
- Avg unit volume
- $1.4M
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About The Brass Tap
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$25k
- Area Development reduced Franchise Fee schedule
$25,000 first; $17,000 second; $10,000 third; $7,000 fourth; $4,000 fifth+ under an Area Development Agreement
- Brand fund
2.0% of Net Sales
- Local advertising
1.5% of Net Sales
- Footprint
2,800 – 3,200 sq ft
- Area Development Agreement – Development Fee (formula and schedule)
Development Fee equals half of the reduced Franchise Fees per unit; schedule: $12,500 first; $8,500 second; $5,000 third; $3,500 fourth; $2,000 fifth+; remaining half due upon each Franchise Agreement
- Area Development Agreement – Development Fee example (2 units)
$21k
- Area Development Agreement – Development Fee example (5 units)
$32k
- Veteran discount
10.0% off franchise fee — 10% discount on the Franchise Fee for qualified U.S. military veterans
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing).
Growth
- Total locations47
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate-7.8%
Net unit growth versus prior year
- 3-year unit CAGR5.8%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.4×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$1.1M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open10 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 137 of 281 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.