Does Beef O Bradys have any franchisee owner/operator concentrations as of December 31, 2024?

According to Beef O Bradys's 2025 Franchise Disclosure Document, there are no franchisee owner/operator concentrations associated with the brand as of December 31, 2024. However, the document notes that one franchisee owns and operates approximately 10% of The Brass Tap franchise locations as of December 31, 2024. This same franchisee accounted for approximately 10% of royalty revenue for The Brass Tap franchisee locations for the year ended December 31, 2024.

This information is relevant for prospective Beef O Bradys franchisees because it indicates that the brand does not rely heavily on a single franchisee or a small group of franchisees for a significant portion of its revenue or operations. This can be a positive sign, as it suggests a more diversified and stable franchise system. In contrast, the Brass Tap brand, which is under the same parent company, does have a concentration with one franchisee accounting for a notable portion of its locations and revenue.

For a potential Beef O Bradys franchisee, the absence of owner/operator concentrations could mean a more level playing field among franchisees. It may also suggest that the franchisor is committed to supporting a broad base of franchisees rather than favoring a select few. However, it is important to note that geographic concentrations do exist, with a significant number of Beef O Bradys locations operating in Florida. As of December 31, 2024, 65% of the total Beef O Bradys locations were in Florida.

While the lack of franchisee concentration can be seen as a positive, prospective franchisees should still conduct thorough due diligence. This includes speaking with current franchisees to understand their experiences and assessing the overall health and stability of the Beef O Bradys franchise system. Understanding the dynamics between franchisees and the franchisor is crucial for making an informed investment decision.