Tapville Social
Tapville Social offers self-pour beer taprooms, kiosks, and mobile units serving craft beer, wine, and cocktails. Known for innovative self-service concepts in the beverage retail sector.
Tapville Social franchise FAQ
How much does it cost to open one — the total initial investment?
The total estimated initial investment required to open a Kiosk Tapville Social Franchised Business is between $102,750 and $337,400. For a Brick-and-Mortar Tapville Social Franchised Business, it is between $751,250 and $2,495,800. [p.1]
What is the initial franchise fee?
The initial franchise fee varies based on the type of business you are purchasing. For a Kiosk Tapville Social Franchised Business or a Mobile Taproom Tapville Social Franchised Business, the initial franchise fee is $19,500 [p.13]. For a Brick-and-Mortar Tapville Social Franchised Business, it is $44,500 [p.13].
What are the ongoing royalty and advertising fees?
The ongoing royalty fee is 6% of gross sales, payable monthly on the 10th day of each month by direct deposit. Additionally, franchisees may be required to contribute up to 2% of their gross revenues each month to a Brand Fund for system-wide advertising and promotions, though this contribution is not currently mandatory. [p.21, p.36]
How long is the initial franchise agreement, and can I renew it?
This isn't specified in the excerpts. The provided FDD excerpts do not mention the duration of the initial franchise agreement or the renewal process beyond stating that the franchisor may change its business model without your consent [p.4] and that a renewal fee of 20% of the franchise fee was paid at the time the initial Franchise Agreement was signed [p.90].
Can I sell or transfer my franchise, and what does that require?
According to the FDD, you can propose to sell or otherwise transfer your Franchised Business or any of its assets outside of the normal course of business. However, if you wish to sell or transfer ownership interest in your Franchisee or any ownership interest in the Franchise granted hereunder to a member of your (or its owners') family, then the terms and conditions of Section 19.4 shall be applicable [p.116]. This isn't specified in the excerpts for other types of transfers.
On what grounds can the franchisor terminate the agreement?
The franchisor can terminate the agreement on various grounds including immediate termination for insolvency, abandonment, mutual agreement to terminate, material misrepresentation, legal violation persisting 10 days after notice, repeated breaches, judgment, criminal conviction, failure to comply with lawful provisions of the franchise agreement without cure within a reasonable time (not more than 30 days), and imminent danger to public health or safety. [p.244, p.6]
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts. The provided FDD excerpts do not detail specific financial requirements such as net worth or liquid capital needed for qualification as a franchisee.
Do I get an exclusive or protected territory?
Based on the excerpts provided, you do not receive an exclusive territory [p.45, p.81]. You may face competition from other franchisees, outlets owned by the franchisor, or other channels of distribution or competitive brands controlled by the franchisor [p.45, p.48]. However, there are some protections for your designated area under certain agreements and conditions [p.38, p.44, p.81].
What training and ongoing support does the franchisor provide?
The franchisor provides an initial training program available to up to 4 employees of the franchisee, which must be completed approximately three weeks before the opening of the Franchised Business. This training covers topics such as sales and marketing methods, financial controls, maintenance of quality standards, customer service techniques, record keeping, and reporting procedures [p.95]. Additionally, ongoing training is offered on an as-needed basis at their headquarters or designated locations, with a cost of $250 per person per day if conducted at the franchisor's location or at the franchisee's location (plus travel, airfare, and incidentals) [p.39].
How many franchised outlets are there, and how many have closed or been terminated?
This isn't specified in the excerpts.
Does the franchisor share any financial performance or earnings information?
The franchisor shares limited financial performance information. Specifically, it provides results from one affiliated entity-owned location for a 2024 fiscal year [p.62], but does not make broader financial performance representations and prohibits its employees or representatives from making such claims [p.65]. This information is based on the operation of a single business and may not be representative of all franchise operations due to varying factors like location and operational model [p.65].
What am I restricted to selling, and where must I buy supplies?
You are not restricted to selling specific items; however, you must purchase furniture, fixtures, and equipment from the franchisor or a supplier designated by them [p.4, p.31]. This may include more expensive items than those available elsewhere [p.4].