Beef O Bradys
Beef O' Brady's franchises offer full-service sports pubs in a family-oriented setting. Known for their menu of burgers, sandwiches, and sports viewing, they operate in the casual dining restaurant sector.
About Beef O Bradys
Beef O'Brady's is an American restaurant franchise, established in 1985 by Jim Mellody in Brandon, Florida, and headquartered in Tampa.
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Beef O Bradys franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operations of one Family Sports Pub ranges from $812,850 to $1,457,375, including a payment of $43,600 to be paid to the franchisor or its affiliate. [p.1]
What is the initial franchise fee?
The initial franchise fee is $25,000 for each Family Sports Pub you will develop [p.10]. This fee is payable in two installments: 50% upon signing the Franchise Agreement and 50% when you sign your lease or six weeks prior to opening the Family Sports Pub, whichever occurs first [p.186].
What are the ongoing royalty and advertising fees?
The ongoing royalty fee is 5% of your Family Sports Pub's monthly Adjusted Gross Sales [p.186]. The company does not guarantee proportional spending from the Marketing and Development Fund based on contributions from franchisees, nor do they have any direct liability for collecting amounts due to this fund [p.33].
How long is the initial franchise agreement, and can I renew it?
This isn't specified in the excerpts.
Can I sell or transfer my franchise, and what does that require?
According to the FDD, you cannot freely transfer ownership of your franchise without good cause as determined by the franchisor. Good cause includes but is not limited to unspecified criteria [p.293(g)]. This restriction applies even during the term of the franchise agreement unless otherwise specified in the document.
On what grounds can the franchisor terminate the agreement?
The franchisor can terminate the agreement on any grounds available by law [p.303], under ADA-specific grounds permitted by law [p.318], and potentially due to a failure of the franchisee to comply with lawful provisions of the franchise agreement after receiving written notice and a reasonable opportunity to cure, which cannot exceed 30 days [p.293]. Additionally, in Virginia, termination without 'reasonable cause' as defined by law may be unlawful [p.315].
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
No, you do not receive an exclusive territory. You may face competition from other franchisees, outlets owned by the company, or other competitive brands [p.39]. However, you are allowed to solicit and accept business outside your Protected Territory for Family Sports Pub locations but cannot conduct e-commerce independently through channels like the Internet without prior written consent [p.39].
What training and ongoing support does the franchisor provide?
The franchisor provides an initial training program [p.9] and offers additional or refresher training programs as deemed appropriate [p.189]. They also provide ongoing advisory assistance in various aspects of operation, advertising, merchandising, display, promotion, and public relations techniques [p.189]. At your request, they may make available additional training at a fee [p.189].
How many franchised outlets are there, and how many have closed or been terminated?
This isn't specified in the excerpts. The provided FDD excerpts do not give a specific number of franchised outlets currently operating or those that have closed or been terminated.
Does the franchisor share any financial performance or earnings information?
The franchisor may provide financial performance information for its outlets, but only if there is a reasonable basis for this information [p.54]. Additionally, they might offer actual records of an existing outlet you are considering purchasing [p.61], and they do not make any representations about future or past financial performance except in specific circumstances [p.61]. This isn't specified in the excerpts.
What am I restricted to selling, and where must I buy supplies?
You are prohibited from selling any fixtures, furniture, equipment, signs, inventory, materials, or supplies to a third party planning to open a Competitive Business at the Site following the expiration or termination of your Franchise Agreement [p.251]. You must purchase or lease items from the franchisor or designated suppliers they specify, which may be more expensive than other options [p.3 and p.22]. Currently, you are required to buy all food products, pizza dough, wing sauces, and dressings from Sysco [p.23], but this list could expand with notice from the franchisor [p.23].