Franchising Since: 1998
Headquarters: Tampa, Florida
Estimated Number of Units: 125
Franchise Description: The franchisor is FSC Franchise Co., LLC. The franchisor’s direct parent company is FSC Franchise Holdings LLC. The franchisor franchises businesses which operate full menu, table service Beef ‘O’ Brady’s Family Sports Pubs, which provide food and beverage in a family-oriented environment using distinctive trademarks, service marks, trade dress and business systems.
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Territory Granted: Franchisees will receive a protected geographic territory in which they will operate one Family Sports Pub. The protected territory will consist of the area within a three-mile radius from the site. While the Franchise Agreement is in effect, except for certain exceptions, the franchisor will not sell another franchise for, or open itself, a Family Sports Pub within the protected territory. Franchisees will not receive an exclusive territory. Franchisees may face competition from other franchisees, from outlets the franchisor owns, or from other channels of distribution or competitive brands the franchisor controls.
Obligations and Restrictions: The operating partner or operating manager must devote full time, energy, and best efforts to the management and operation of the Family Sports Pub and have primary responsibility for the operations under the Franchise Agreement. If franchisees (or their principal owner if they are a business entity) are not actively supervising and managing the Family Sports Pub, their operating partner or operating manager must meet the following qualifications and conditions: (i) have experience satisfactory to the franchisor; (ii) have day-to-day management responsibility over the Family Sports Pub; (iii) be employed on a full-time basis to manage the Family Sports Pub; (iv) enter into the then-current form of confidentiality and non-competition agreement; and (v) satisfactorily complete the new franchisee application process which includes: participation at a Discovery Day Process, working a power shift in a designated training restaurant, completion of the training program, successfully receive a training certificate from a certified training location, completion of all pre-opening marketing obligations; and, any other training and development programs the franchisor deems necessary. Franchisees must use only those products, recipes, services, equipment, programs and other items in the operation of the Family Sports Pub that the franchisor has designated. If franchisees would like to sell any product, menu items, service, equipment or program which is not a part of the system, then they must seek and obtain the franchisor’s advance written approval.
Term of Agreement and Renewal: The length of the initial franchise term is 10 years from the effective date. If franchisees are in good standing and not in default under the Franchise Agreement, they may enter into a successor franchise agreement, provided all requirements are met.
Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or obligation. If franchisees qualify for the discounted franchise fee the franchisor provides to United States military veterans, the franchisor will offer you a 10% discount on the franchise fee.
Estimated Initial Investment
| Name of Fee | Low | High |
| Initial Franchise Fee | $25,000 | $25,000 |
| Training Fee | $18,000 | $18,000 |
| Equipment | $130,000 | $180,000 |
| Furniture, Fixtures & Millwork | $45,000 | $80,000 |
| Audio & Video Equipment | $25,000 | $50,000 |
| Training and Pre-Opening Expenses | $2,500 | $8,000 |
| Architect Fees & Permits | $7,500 | $15,000 |
| Lease Deposit (per month) | $9,900 | $28,125 |
| Leasehold Improvements | $462,000 | $883,000 |
| Initial Inventory | $25,000 | $30,000 |
| Signage | $10,000 | $20,000 |
| Insurance | $4,000 | $18,000 |
| Licenses & Permits | $1,500 | $7,500 |
| Liquor License | $500 | $20,000 |
| Computer System | $13,000 | $15,600 |
| Computer Support – 3 months | $1,950 | $1,950 |
| Professional Fees | $3,000 | $5,000 |
| Utility Deposits and Impact Fees | $6,000 | $10,000 |
| Promotional and Advertising – 3 months | $3,000 | $7,200 |
| Additional Funds – 3 months | $20,000 | $35,000 |
| ESTIMATED TOTAL (excluding real property/tenant improvement allowance) | $812,850 | $1,457,375 |
Other Fees
| Type of Fee | Amount |
| Royalty | 5% of the previous month's adjusted gross sales. |
| Marketing and Development Fund Contribution | Franchisees are currently required to contribute 2.5% of their previous month’s adjusted gross sales to the marketing and development fund (but this required contribution may in the future increase to 3% as the franchisor determines in its sole discretion). |
| IT Fee | $250 per month. |
| Website Fee | $100 per month. |
| Inspection and Testing of Samples from Alternative Suppliers | Franchisees or the supplier must pay the franchisor the reasonable cost of inspection and testing, which is likely to range from $50 to $3,000, depending on the product or service being tested. |
| Beef’s Operating Training Program | No cost for up to 3 trainees. Franchisees must pay all travel, living and wage expenses incurred by the trainees in connection with the initial training (i.e., travel, lodging, meals, applicable trainee wages). The amounts are unknown and may vary depending upon factors such as the third-party supplier selected and the franchisee’s distance from training. Additional and subsequent trainee charge: then current training fee (currently $1,000 per trainee). |
| Opening On-Site Assistance | Franchisees must pay all wages for them and their employees and be responsible for the cost of all food and beverage products used. The franchisor will pay the costs and expenses for its personnel, so long as the Family Sports Pub opens on schedule; however, if the opening date is delayed after it has already been agreed upon, franchisees must pay all additional expenses incurred by our personnel. If franchisees request additional opening on-site assistance, they must pay a fee of $250 per day per trainer, plus wages, hotel, travel and meal expenses. |
| Optional Additional On-Site Training | $250 per day (including travel days), per corporate trainer, plus meal per diem, and travel and hotel expenses, if applicable. |
| Mandatory/Remedial Training/On-Site | $250 per day, per trainer; $350 per package for new menu training materials. Franchisees must pay all travel, living and meal expenses incurred by the franchisor’s personnel as well as the wages of franchisees and their personnel in connection with this training. |
| Interest | The highest contract rate of interest permitted by law. |
| Late Fees | 10% penalty plus interest. |
| Inspection/Audit | Deficiency and late charges plus audit costs under certain circumstances. |
| Assignment/ Transfer | $20,000 |
| Transfer Partner Training | The fee for up to 2 operators is included in the transfer fee, but franchisees are responsible for their wages and all travel expenses, including hotel, meals, car rental, air fare, etc. |
| Transfer Store Materials | $350 for the package; ala carte price list available. |
| Replacement Manager's Training Material Fee | $50 material fee, plus shipping. |
| Interim Operating Expenses | $1,200 per week, plus reasonable expenses, including travel, lodging and meals. |
| Replacement Manuals | The then-applicable charge (currently $350) plus shipping. |
| Renewal | $20,000 |
| Area Development Agreement – Extension Fee | Balance of the franchise fees for the number of undeveloped restaurants. |
| Health Inspection Violation Fee | $10,000 |
| Early Termination Fee | An amount equal to the greater of (a) $100,000 or (b) the aggregated royalties and marketing contributions paid by the Family Sports Pub for the 12 months immediately preceding the effective date of termination multiplied by three. |
| Non-Compliance Fee | $250 per day. |
| ServSafe Certification | $125 per person, or the then-current fee. |
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