TL;DR
FSC Franchise Co. has announced a limited-time incentive program to accelerate development for its Beef 'O' Brady's and The Brass Tap concepts, offering discounts on franchise fees and royalties for new and existing franchisees. The company expects to open 18 restaurants across its portfolio by the end of the year.
FSC Franchise Co. has announced a new, limited-time incentive program designed to make restaurant ownership more accessible and accelerate development for two of its concepts, Beef ‘O’ Brady’s and The Brass Tap.
Available through the end of 2026, the program provides incentives for both new and existing franchisees opening a new Beef ‘O’ Brady’s or The Brass Tap restaurant, as well as existing restaurant operators interested in converting their location to one of the two FSC concepts.
Incentive program details
- For new and existing franchisees signing a single-unit agreement for a new location, FSC is reducing the initial franchise fee to $5,000, a $20,000 discount from the standard $25,000 fee.
- Franchisees who open their restaurant within 12 months of signing will also pay 0% royalties during their first year of operation and receive a dollar-for-dollar match on grand opening marketing expenses of up to $2,500.
The program aims 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.
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. It is intended for independent restaurant operators who already have the location, equipment, employees, and restaurant experience but may be looking for a stronger brand, proven systems, and more support behind them.
Company investments and growth
FSC has continued investing in restaurant development, marketing, technology, and operational support while evaluating more efficient prototypes intended to reduce development costs. The new incentive builds on those efforts by reducing initial fees and providing additional support during the critical first year of operation.
The company expects to open 18 restaurants across Beef ‘O’ Brady’s, The Brass Tap, and Newk’s Eatery by the end of the year. FSC has also continued to build momentum in development across its restaurant portfolio, opening seven restaurants, including two Beef ‘O’ Brady’s locations and five The Brass Tap locations, while signing five new franchise agreements.
FSC has a development and support team that knows how to get restaurants open and help operators build momentum. The company believes strongly in the future of both Beef ‘O’ Brady’s and The Brass Tap, and it is willing to invest alongside franchisees who are ready to grow with them.
FSC Franchise Co. is a leading multibrand franchisor driving growth and innovation across three dynamic restaurant concepts — Beef ‘O’ Brady’s, The Brass Tap, and Newk’s Eatery. With more than 250 locations nationwide, FSC brings together decades of expertise in hospitality, franchising, and community engagement under one unified platform.
In this story
This story was originally published in 1851 Franchise on September 23, 2016. Burnaze summarizes and links to the original reporting.
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