Beerhead Bar & Eatery is a particular franchise that mixes a ardour for craft beers with a dynamic eating expertise. Based in 2012 in Cleveland, Ohio, the model has expanded to a number of areas throughout the US, together with Ohio, Michigan, New York, and Texas.
Headquartered in West Palm Seashore, Florida, Beerhead Bar & Eatery started franchising in 2015, providing entrepreneurs the chance to function their very own institutions underneath the model’s established mannequin.
The franchise makes a speciality of a various choice of over 500 craft beers, complemented by a menu of gourmand meals objects.
This in depth beer selection units Beerhead aside from rivals, catering to each connoisseurs and informal drinkers searching for new and distinctive flavors. The model’s dedication to offering an genuine craft beer expertise in a welcoming ambiance has contributed to its rising recognition.
Preliminary Funding
How a lot does it value to start out a Beerhead Bar & Eatery franchise? It prices on common between $746,000 – $1,561,000 to start out a Beerhead Bar & Eatery franchised enterprise.
This contains prices for development, tools, stock, and preliminary working bills. The precise quantity is dependent upon varied components, together with the kind of restaurant you select, the situation, and whether or not the franchisee chooses to lease or buy the property.
| Kind of Expenditure | Quantity |
|---|---|
| Preliminary Franchise Payment | $35,000 – $45,000 |
| Actual Property/Lease | $21,000 – $36,000 |
| Lease, Utility and Safety Deposits | $0 – $15,000 |
| Leasehold Enhancements | $500,000 – $1,000,000 |
| Tenant Enhancements | $50,000 – $350,000 |
| Furnishings, Fixtures and Gear | $150,000 – $550,000 |
| Signage | $35,000 – $55,000 |
| Pc System | $8,000 – $20,000 |
| Skilled Charges | $5,000 – $15,000 |
| Enterprise License and Permits | $5,000 – $40,000 |
| Opening Stock and Provides | $25,000 – $45,000 |
| Grand Opening Promoting | $5,000 – $10,000 |
| Coaching Bills (as much as 2 folks) | $2,500 – $10,000 |
| Insurance coverage | $2,500 – $5,000 |
| Miscellaneous Opening Prices | $2,000 – $35,000 |
| Further Funds – 3 months | $0 – $30,000 |
| Whole Estimated Preliminary Funding | $746,000 – $1,561,000 |
Common Income (AUV)
How a lot income are you able to make with a Beerhead Bar & Eatery franchise? A TBeerhead Bar & Eatery franchised location makes on common $681,000 in income (AUV) per yr.
This compares to $1,528,000 yearly income for comparable bar franchises. Under are a couple of Beerhead Bar & Eatery rivals as a comparability:
Franchise Disclosure Doc
Regularly Requested Questions
What number of Beerhead Bar & Eatery areas are there?
As of the newest information, Beerhead Bar & Eatery operates eight franchised areas throughout the US.
What’s the complete funding required to open a Beerhead Bar & Eatery franchise?
The overall funding required to open a Beerhead Bar & Eatery franchise ranges from $746,000 to $1,561,000.
What are the continued charges for a Beerhead Bar & Eatery franchise?
Beerhead Bar & Eatery franchises incur a 6% royalty charge and a 2% advertising chargeeach primarily based on product sales.
What are the monetary necessities to change into a Beerhead Bar & Eatery franchisee?
To change into a Beerhead Bar & Eatery franchisee, the minimal web price requirement is $750,000, with at the least $250,000 in liquid capital. These monetary necessities be certain that potential franchisees have the required monetary assets to help the startup and operational prices of working the franchise.
How a lot can a Beerhead Bar & Eatery franchise proprietor count on to earn?
The common product sales for a Beerhead Bar & Eatery franchise are roughly $0.68 million per location. Assuming a 15% working revenue margin, $0.68 million yearly income may end up in $102,000 Ebitda yearly.
Who owns Beerhead Bar & Eatery?
Beerhead Bar & Eatery franchise is owned by the dad or mum firm, Beerhead Bar & Eatery, LLCwhich was based by brothers Jeff and Jon Hale.
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