FranchiseVerdict
Beerhead Bar & Eatery logo
FV-00270·MODERATEExcellent81

Beerhead Bar & Eatery

Food & Beverage - Full ServiceFranchising since 2015Website
Investment
$746K – $1.6M
81st pct Full Service
Avg revenue
57th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
9
39th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $746K – $1.6M including a $45K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 67/100. SBA loan default rate of 0.0% across 7 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Beerhead FC, LLC
Parent company
The Beer Market, LLC
Incorporated in
Florida
HQ
319 Belvedere Road #5, West Palm Beach, Florida 33405
⚠ Going-concern note
Disclosed in FDD 2023
Status as of 2023; may have been resolved in a later filing we don't yet have.

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 Beerhead Bar & Eatery unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
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: $746K–$1.6M
Working capital
$
Item 7 didn't break this out — defaulted to ~10% of annual revenue

Unlevered ROIC · per unit

9%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$109K
EBITDA margin
14.5%
Total invested
$1.2M
Payback
129 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.

Overview

About

Beerhead Bar & Eatery franchisees operate casual dining establishments serving food and beverages with a focus on craft beer. Day-to-day operations include managing staff, ordering inventory, maintaining POS/accounting systems, marketing locally, ensuring health/liquor compliance, and managing customer service across bar and dining areas.

CEO
Greg Goodrich
Founded
2014
FDD year
2023
States available
5

Item 7 · what it costs

The Vitals

Total investment
$746K – $1.6M
All-in to open one unit
Liquid capital
$0 – $30K
Cash you must have on hand
Franchise fee
$45K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
2.5%
typical 3–5%
Total fee load
8.5%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
9
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Multi-unit owners
9.1%
Net growth (yr3)
+12.5%
Net unit change last year
3-yr CAGR
+28.6%
Compounded over last 3 years
2021
9±0
Franchised units
2022
8
Franchised units
2023
7
Franchised units

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

Item 20 · 9 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 · 9 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
7
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

67
Risk · 0-100
MODERATE67 / 100

Beerhead presents meaningful investment risk due to lack of financial transparency (no Item 19), slow unit growth, significant capital requirements, and a key executive's historical conviction related to fraud and tax evasion.

Score breakdown · what drove the 67 / 100 rating

  1. 01MINORDirector of Business Relations convicted of federal tax evasion conspiracy (2005) — raises governance and compliance concerns
  2. 02MEDNo Item 19 financial disclosure (Avg Revenue and Net Income not disclosed) — cannot validate unit economics or ROI claims
  3. 03MEDSlow unit growth (12.5% YoY on only 9 units) — suggests limited franchisee demand or satisfaction
  4. 04MEDHigh initial investment range ($746K-$1.56M) with no disclosed average profitability — creates significant downside risk
  5. 05MINOR6% royalty on gross sales (not net) — incentivizes franchisor over franchisee profitability
  6. 06MINORBar/restaurant category has historically high failure rates — requires strong execution and local market fit

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population-based
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
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
40 hrs
On-the-job training
80 hrs
POS system
Chicago POS
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

16 numbers

Locked
(561) 469-••••
The franchisor is Beerhead FC, LLC, located at
FL
(330) 398-••••
BHB Elmhurst, LLC
OH
(585) 244-••••
Bal Ganesh, LLC
NY

One-time purchase · CSV download · Validation questions included

FDD download

Beerhead Bar & Eatery · FDD (2023) PDF

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