Tips for Becoming the Next Big Multi-Unit Franchisee

FSC offers incentives for new and existing franchisees opening a new Beef 'O' Brady's restaurant within 12 months, including eliminating royalties for the first year.

Read the original at 1851 Franchise
Tips for Becoming the Next Big Multi-Unit Franchisee

TL;DR

FSC is offering incentives for new and existing franchisees to open a new Beef 'O' Brady's or The Brass Tap restaurant within 12 months, including eliminating royalties for the first year. The company is also introducing a separate incentive for existing restaurant owners interested in converting their location to one of the two FSC concepts.

We want to create a compelling reason for qualified entrepreneurs who have been considering restaurant ownership to make their move, said Chris Elliott, CEO of FSC. Reducing the upfront franchise fee significantly lowers one of the initial barriers to entry, but the bigger opportunity comes from opening quickly. If a franchisee opens their restaurant within 12 months, we’ll eliminate royalties for that first year and invest alongside them in their grand-opening marketing. We want owners focused on building their business and establishing themselves in the community from day one.

  • The new incentive program provides incentives for both new and existing franchisees opening a new Beef ‘O’ Brady’s or The Brass Tap restaurant.
  • Existing restaurant operators interested in converting their location to one of the two FSC concepts are also eligible.

“We believe strongly in the future of both Beef ‘O’ Brady’s and The Brass Tap, and we’re willing to invest alongside franchisees who are ready to grow with us,” Elliott said. There is still significant white space available, and we have a development and support team that knows how to get restaurants open and help operators build momentum. This incentive is about making 2026 an especially attractive time to join the system.

FSC is also introducing a separate incentive for existing restaurant owners interested in converting their current location into a Beef ‘O’ Brady’s or The Brass Tap. Qualified operators who sign a single-unit conversion agreement will pay no initial franchise fee, a $25,000 discount. Operators who complete their conversion and open within 9 months of signing will also pay 0% royalties for their first year of operation and receive up to $2,500 in matching grand-opening marketing funds.

The conversion incentive is designed to give restaurant operators a lower-cost path to an established franchise system while leveraging existing restaurant space and infrastructure. “For those operators, a conversion can be an efficient way to join Beef ‘O’ Brady’s or The Brass Tap without starting completely from scratch,” Elliott said. By eliminating the franchise fee and first-year royalties for operators who move quickly, we’re making that opportunity even more attractive.

In this story

This story was originally published in 1851 Franchise on December 31, 2015. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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