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SUBJECT DOSSIER · FDD 2026

The Brass Tap Franchise

Cost, fees, owner earnings, closure rate and litigation for a The Brass Tap franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Other Franchises · disclosure-honesty grade · from public state filings

Disclosure honesty

B
Transparency 4 / 5

The Brass Tap discloses earnings (Item 19) — but the grade is how honestly. We graded it B.

Outlets49
Disclosed lawsuits0
Closure signals1 ceased
Investment
$535,350–$1,738,675
Total fees
7% of sales
Outlets
49
Closure signals
1 ceased, 4 terminated
Lawsuits
0
◢ FINDINGS
ITEM 20
1 outlets ceased operations
7 closures 2025 (all 2.0 bars). 4 terminations recent year. 2 non-renewals.

What their own earnings claim actually says

Disclosed average adjusted gross sales for reporting bars ($1.38M in 2025) with company-owned income statements. Quartile breakdowns provided (top $2.22M, bottom $799K). Limited cherry-picking—shows median, high, low figures.

What a The Brass Tap franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$25,000Item 5 — paid up front, before you open
Royalty5% of gross salesItem 6 — charged on revenue, not profit
Advertising fund2% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees7% of gross salesBefore rent, labor, food or debt service
Total initial investment$535,350 – $1,738,675Item 7 — franchisor's own low/high estimate

5% royalty, 2% ad fund (may increase to 3%). Extensive other fees including $250/day non-compliance charge, $10K health violation fee, early termination up to 3x annual royalties.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

The Brass Tap system size and owner turnover

Total outlets49
Ceased operations1
Terminated by franchisor4
Transferred to new owners1
Closure rate2.0% of outlets

7 closures 2025 (all 2.0 bars). 4 terminations recent year. 2 non-renewals.

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is The Brass Tap worth it? — how it compares to 436 similar franchises

Ongoing fees7% of saleslower than most (median 8%)
Startup costfrom $535,350pricier than 82% of peers
Disclosure honestyGrade Bmore honest than 84% of other franchises franchises
Closure rate2.0% of outletsabout average
Disclosed lawsuits0fewer than most

Benchmarked against every other franchises franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a The Brass Tap

The franchisor's framing: Disclosed average adjusted gross sales for reporting bars ($1.38M in 2025) with company-ow… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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The Brass Tap franchise — frequently asked

How much does a The Brass Tap franchise cost?
The FDD lists a total initial investment of about $535,350–$1,738,675, including a $25,000 initial franchise fee.
How much do The Brass Tap franchise owners make?
Disclosed average adjusted gross sales for reporting bars ($1.38M in 2025) with company-owned income statements. Quartile breakdowns provided (top $2.22M, bottom $799K). Limited cherry-picking—shows median, high, low figures. We grade this disclosure B for honesty.
What are the The Brass Tap franchise fees?
The Brass Tap's FDD discloses a $25,000 initial franchise fee, a 5% royalty on gross sales, a 2% advertising-fund contribution, for roughly 7% of gross sales in recurring fees before rent, labor, or debt service. 5% royalty, 2% ad fund (may increase to 3%). Extensive other fees including $250/day non-compliance charge, $10K health violation fee, early termination up to 3x annual royalties.
What is the The Brass Tap franchise profit margin?
The Brass Tap does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: Disclosed average adjusted gross sales for reporting bars ($1.38M in 2025) with company-owned income statements. Quartile breakdowns provided (top $2.22M, bottom $799K). Limited cherry-picking—shows median, high, low figures. Recurring fees alone take about 7% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the The Brass Tap franchise failure rate?
7 closures 2025 (all 2.0 bars). 4 terminations recent year. 2 non-renewals.
How many The Brass Tap locations are there?
The Brass Tap's FDD reports 49 total outlets, with 1 that ceased operations in the most recent reporting year and 1 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does The Brass Tap have complaints or lawsuits?
The Brass Tap discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a The Brass Tap franchise worth it?
It depends on the numbers, not the pitch. The Brass Tap scores B on disclosure honesty, carries about 7% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: WI DFI Franchise Registration (2026). FranchiseValidate is independent and not affiliated with The Brass Tap or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.