What was the amount of distributions for Beef O Bradys in 2023?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company administers the Beef 'O' Brady's Marketing and Development Fund. Inc. (the Beef 'O' Brady's Fund), and the Brass Tap Marketing and Development Fund, Inc. (the Brass Tap Fund, collectively, the Funds). The Funds cover costs incident to promotion, public relations, merchandising, product research and development, advertising campaigns and geographically designed programs to promote Beef 'O' Brady's and Brass Tap restaurants, and the products and services offered by them. The Funds also administer gift cards that the franchisees and company-owned stores sell to customers at their restaurant locations. The stores owned and operated by the Company and franchises pay a monthly fee, equal to 2.3% of net sales for the Beef 'O' Brady's fund and 1.5% of net sales for the Brass Tap Fund.
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Beef O Bradys does not explicitly state the amount of distributions made to franchisees in 2023. However, it does provide information regarding the Beef O Brady's Marketing and Development Fund.
The FDD states that franchisees pay a monthly fee equal to 2.3% of net sales to the Beef O Brady's fund. The funds are used for promotion, public relations, merchandising, product research and development, and advertising campaigns.
While the FDD details the revenue and expenses related to the marketing and development funds, it does not specify the amount of distributions, if any, made to the franchisees. A prospective franchisee should inquire directly with the franchisor about any potential distributions or financial benefits franchisees receive from the marketing and development fund or other sources.