The Brass Tap franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.20 ↗

Franchise fees and ongoing costs

Franchise fee

$0 to $25,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

5% · 5% of previous month's Adjusted Gross Sales, paid monthly via ACH

Marketing contribution

2% (basis not captured; see original filing)

Technology fee

$250/month IT Fee (Meraki router, network mgmt, store email, Level 1 IT support), plus $100/month Website Fee

Other fees

Website Fee $100/month; ServSafe/Responsible Vendor Training $180/person as needed; SIM card service charge $20/month

Working capital (FDD Item 7)

$20,000-$40,000 for miscellaneous expenses (payroll, utilities, royalty fees, local advertising) during first 3 months of operation

Fees sourceFDD p.12 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.20 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average/median/high/low Adjusted Gross Sales for mature ('Reporting') franchised Brass Tap Bars (all bars, 2.0 bars with full liquor+kitchen, and top/bottom quartile 2.0 bars); plus a 2025 income statement (COGS, COL, occupancy, royalties/ad fees, other expenses, SL EBITDA) for 2 mature company-owned bars

Reporting period

Fiscal years 2023, 2024, 2025 (Adjusted Gross Sales tables); FY2025 (income statement)

Sample

40 Reporting Brass Tap Bars in 2025 (37 of which were Reporting 2.0 Bars); income statement based on 2 Mature Company-Owned Brass Tap Bars

Reported average

$1,382,100

Reported median

$1,296,589

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.52 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

51

Year-end outlets

47

Net change

-4

Derivation

ending minus starting outlets

Openings

3

Terminations

4

Non-renewals

2

Other closures

0

Reacquisitions

0

Transfers

1

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.56 ↗

SBA loan history

Loan activity

0 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

Not captured

Median loan window

Not captured

Median loan sample

Not captured

Historical charge-off share

3.45%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

1 / 29

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does The Brass Tap franchise cost?

single Brass Tap Bar: $535,350 to $1,738,675; Area Development Agreement for 5 Brass Tap Bars (development/franchise fees + legal/accounting only, excludes per-bar build-out): $27,500 to $66,500 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $0 to $25,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.20 ↗

Franchise fee sourceFDD · page not captured ↗

How much do The Brass Tap owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average/median/high/low Adjusted Gross Sales for mature ('Reporting') franchised Brass Tap Bars (all bars, 2.0 bars with full liquor+kitchen, and top/bottom quartile 2.0 bars); plus a 2025 income statement (COGS, COL, occupancy, royalties/ad fees, other expenses, SL EBITDA) for 2 mature company-owned bars. Sample: 40 Reporting Brass Tap Bars in 2025 (37 of which were Reporting 2.0 Bars); income statement based on 2 Mature Company-Owned Brass Tap Bars. Period: Fiscal years 2023, 2024, 2025 (Adjusted Gross Sales tables); FY2025 (income statement).

Item 19 performance sourceFDD p.52 ↗

What's the SBA charge-off rate for The Brass Tap?

3.45%; numerator / denominator: 1 / 29. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability.

SBA loans sourceSBA data · Jun 30, 2026 ↗