FranchiseVerdict
Beef 'O' Brady's Family Sports Pub logo
FV-00267·MODERATEExcellent91

Beef 'O' Brady's Family Sports Pub

Food & Beverage - Full ServiceFranchising since 2007Website
Investment
$813K – $1.5M
83rd pct Full Service
Avg revenue
$1.7M
36th pct Full Service
Royalty
5.0%
15th pct Full Service
Units
125
85th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $813K – $1.5M including a $25K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $1.7M/year (median $1.6M).
  • Rated MODERATE with a risk score of 56/100. SBA loan default rate of 0.0% across 18 loans (below the industry average).
  • System contracting at -8.3% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
FSC Franchise Co., LLC
Parent company
CapitalSpring
Incorporated in
Delaware
HQ
5660 W. Cypress Street, Suite A, Tampa, Florida 33607
Auditor
Forvis Mazars, LLP
Audited financials
Franchisor revenue
$53.2M
vs $59.4M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Beef 'O' Brady's Family Sports Pub unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,700,296
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $813K–$1.5M
Working capital
$
FDD reports $20K–$35K

Unlevered ROIC · per unit

23%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$264K
EBITDA margin
15.5%
Total invested
$1.2M
Payback
53 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Beef 'O' Brady's Family Sports Pub units return on equity?

Edit assumptions

Equity IRR · 5-yr

35.1%

4.50× MOIC

Year-1 DSCR

2.33×

EBITDA ÷ debt service

Equity required

$5.1M

on $14.5M purchase

Total debt

$9.3M

SBA $5.0M + senior + seller note

SBA 7(a) request ($7.2M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate casual dining sports pub establishments serving burgers, wings, sandwiches, and beverages in a family-friendly environment with TVs for sporting events. Daily operations include kitchen management, staff scheduling, inventory control, marketing, and sports event promotions to drive foot traffic during peak game times.

CEO
Chris Elliott
Founded
2007
FDD year
2025
States available
14

Item 7 · what it costs

The Vitals

Total investment
$813K – $1.5M
All-in to open one unit
Liquid capital
$20K – $35K
Cash you must have on hand
Franchise fee
$25K
Royalty
5.0%
percentage of Adjusted Gross Sales · typical 6–8%
Ad fund
2.5%
typical 3–5%
Total fee load
7.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.7M
Per unit, per year
Median gross sales
$1.6M
Item 19 type
Adjusted Gross Sales
Sample size
97 units
vs category median 15 · large
Range (low → high)
$721K$3.9M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank36th
vs Food & Beverage - Full Service peers
Investment cost rank83th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank85th
vs Food & Beverage - Full Service peers
Risk score rank33th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
125
Opened
5
Last reporting year
Closed
6
Turnover rate
4.8%
Company-owned
26
Corporate units in the system
% franchised
79%
vs corporate-owned
Net growth (yr3)
-2.9%
Net unit change last year
3-yr CAGR
-8.3%
Compounded over last 3 years
2023
99-9
Franchised units
2024
102
Franchised units
2025
108
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 13 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 13 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
18
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

56
Risk · 0-100
MODERATE56 / 100

Beef 'O' Brady's presents moderate-to-cautionary risk due to shrinking unit base, undisclosed profitability metrics, and high capital requirements relative to average unit volumes.

Score breakdown · what drove the 56 / 100 rating

  1. 01MINORUnit count declining 2.9% YoY (125 units) indicates system contraction and potential market saturation
  2. 02MEDNet income not disclosed in Item 19 prevents accurate ROI analysis and profitability assessment
  3. 03MINORHigh initial investment ($812,850–$1,457,375) with 5% royalty requires $1.7M+ annual revenue just to break even on capital
  4. 04MINORAverage revenue of $1.7M is modest for casual dining; profitability unclear without net income data
  5. 05MINOR10-year term locks franchisee into declining brand; exit/renewal risk if trend continues

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
80 hrs
On-the-job training
286 hrs
POS system
Toast
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

79 numbers

Locked
(850) 774-••••
FL
(813) 766-••••
FL
(941) 720-••••
FL

One-time purchase · CSV download · Validation questions included

FDD download

Beef 'O' Brady's Family Sports Pub · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above