Multi-Unit Franchisee Magazine Special Edition | Page 33

2017 Annual Edition FOOD OPPORTUNITY DESCRIPTION “ Great Times. Well Crafted.” DEMOGRAPHICS Preferred Demographics: • Residential Population (3 miles): 55,000 • Median Household Income: $50,000 • Daily Traffi c Counts: 20,000 Vehicles Daily Minimum QUALIFICATIONS Minimum liquid assets per location $250,000 with net worth of $450,000. Multi-unit agreements available. Minimal experience required. Franchise Term 10 years. Training 6 weeks. The Brass Tap’s is an upscale craft beer bar with 60 taps of craft beer and over 200 bottles. Also offering craft cocktails, and premium wines with a food menu designed for sharing and entertainment. The Brass Tap has a unique upbeat vibe and casual all at the same time with live music, and enter- tainment. Currently 40 open locations with 20 projected openings for 2017, The Brass Tap is positioned well for development. FAST FACTS: FRANCHISING SINCE: 2012 MULTI-UNIT FRANCHISE OPERATING UNITS: 8 multi-unit operators TOTAL OPERATING UNITS: 40 • Average Age: 24-49 COMPANY OPERATING UNITS: 1 SITE ASSISTANCE CAPITAL INVESTMENT: $664,050 - $1,223,000 Complete site selection, market analysis, building layout/design and construction assistance. Design manual and specifica- tions provided. FRANCHISE FEE: $35,000 ROYALTY FEE: 4% RANKINGS & AWARDS ADVERTISING FEE: 1.5% • Craftbeer.com’s-51 Best Beer Bars in America EARNINGS CLAIMS: No • On Milwaukee-Best New Bar BUILD-OUT OPTIONS: High-density residential, Class A,high frequency center end-cap with patio • TBT Ultimate Bar Awards-Best Beer Bar and more AVAILABLE TERRITORIES: United States CONTACT MICHELLE SUDOVICH Director of Franchise Sales [phone] ext: 223 [email protected] thebrasstapfranchise.com Multi-Unit Buyer’s Guide 31