FranchiseVerdict
Taffer’s Tavern logo
FV-02544·CAUTIONExcellent86

Taffer’s Tavern

Formerly known as Premier Taverns

Food & Beverage - Full ServiceFranchising since 2019Website
Investment
$812K – $1.4M
83rd pct Full Service
Avg revenue
$3.0M
52nd pct Full Service
Royalty
6.0%
54th pct Full Service
Units
1
3rd pct Full Service
SBA default

Bottom line

  • Total investment $812K – $1.4M including a $50K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $3.0M/year.
  • Rated CAUTION with a risk score of 73/100.
  • 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
PREMIER TAVERNS LLC
Incorporated in
Nevada
HQ
755 Schneider Drive, South Elgin, Illinois 60177
Auditor
DNJ Consulting Inc. dba DNJ & ASSOCIATES
Audited financials
Franchisor revenue
$983K
vs $410K prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Taffer’s Tavern unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,976,994
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: $812K–$1.4M
Working capital
$
FDD reports $65K–$85K

Unlevered ROIC · per unit

39%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$447K
EBITDA margin
15.0%
Total invested
$1.2M
Payback
31 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 Taffer’s Tavern units return on equity?

Edit assumptions

Equity IRR · 5-yr

27.6%

3.39× MOIC

Year-1 DSCR

2.95×

EBITDA ÷ debt service

Equity required

$11.7M

on $23.8M purchase

Total debt

$12.1M

SBA $5.0M + senior + seller note

SBA 7(a) request ($11.9M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate casual bar/tavern locations featuring food and beverages, typically leveraging Jon Taffer's brand recognition and operational expertise. Day-to-day responsibilities include managing staff, inventory, food/beverage service, marketing, and customer experience in a full-service hospitality environment.

CEO
Jon Taffer
Founded
2019
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$812K – $1.4M
All-in to open one unit
Liquid capital
$65K – $85K
Cash you must have on hand
Franchise fee
$50K
Royalty
6.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$3.0M
Per unit, per year
Median gross sales
Item 19 type
Actual
Sample size
1 units
vs category median 15 · small
Transparency
3 / 5
vs category median 4 / 5 · below
Revenue rank52th
vs Food & Beverage - Full Service peers
Investment cost rank83th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank3th
vs Food & Beverage - Full Service peers
Risk score rank90th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
1
Opened
0
Last reporting year
Closed
3
Turnover rate
300.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-75.0%
Net unit change last year
3-yr CAGR
-50.0%
Compounded over last 3 years
2023
1-3
Franchised units
2024
4
Franchised units
2025
2
Franchised units

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

Item 20 · 16 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 · 16 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.

No SBA loan data available for this brand.

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

Risk & Legal

73
Risk · 0-100
CAUTION73 / 100

Taffer's Tavern presents extreme risk due to 75% unit collapse, active fraud litigation against affiliate brands, undisclosed profitability, and going concern warnings—suggesting a failing franchise system with potential structural or management problems.

Score breakdown · what drove the 73 / 100 rating

  1. 01MEDCatastrophic unit decline of 75% year-over-year indicates systemic franchise failure or mass closures
  2. 02HIGHTwo active litigation cases involving affiliate brands alleging fraudulent misrepresentation and fraudulent inducement suggest legal/operational issues within corporate structure
  3. 03MINORNo net income disclosure despite $2.97M average revenue raises transparency concerns and suggests potential unprofitability at unit level
  4. 04HIGHGoing concern warning indicates material uncertainty about franchisor's ability to continue operations
  5. 05MINORNo protected territory combined with high initial investment ($812K-$1.35M) exposes franchisees to cannibalization risk
  6. 06MED6% royalty on gross sales (not net) compounds risk if units are unprofitable as disclosed revenues suggest

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
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
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
Nevada

Item 11

Training & Operations

Classroom training
49 hrs
On-the-job training
42 hrs
POS system
Shift4Payments & 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

18 numbers

Locked
(213) 576-••••
CA
(860) 240-••••
CT
(410) 576-••••
MD

One-time purchase · CSV download · Validation questions included

FDD download

Taffer’s Tavern · FDD (2025) PDF

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