How much did Beef O Bradys distribute to members in 2024?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | ||
|---|---|---|---|
| Beef 'O' Brady's Fund | |||
| Franchise marketing and advertising fees | $ 1 ,119,000 | $ 1,096,000 | |
| Salaries and overhead charges | 25,000 | 25,000 | |
| Brass Tap Fund | |||
| Franchise marketing and advertising fees | 21,000 | 27,000 | |
| Salaries and overhead charges | 25,000 | 25,000 |
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
According to Beef O Bradys's 2025 Franchise Disclosure Document, the company's Beef 'O' Brady's Fund reported franchise marketing and advertising fees of $1,119,000 in 2024. Additionally, the fund incurred salaries and overhead charges of $25,000 during the same year.
These figures reflect the financial activities related to the Beef 'O' Brady's Marketing and Development Fund, which is used for promotional activities, public relations, product research, and advertising campaigns. Franchisees contribute to this fund through a monthly fee of 2.3% of net sales. The fund also handles gift cards sold at Beef O Bradys locations.
Prospective franchisees should consider these figures to understand the scale of marketing and advertising efforts supported by the fund and the associated costs. It's important to note that these amounts do not represent direct distributions to members but rather the expenses incurred for marketing and administrative activities. The FDD does not specify the exact amount of distributions to members, so a potential franchisee should ask the franchisor for more information.