What was the total revenue for Beef O Bradys in 2023?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
Interest expense on notes payable to bank totaled $2,584,268 and $1,836,607 for the years ended December 31, 2024, and 2023, respectively.
Beef 'O' Brady's locations conducting operations in the state of Texas are less than 10% of total restaurants revenues from restaurant operations and royalty fees reported in the consolidated statements of operations and are subject to economic conditions of this region.
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the total revenue for Beef O Bradys in 2023 is not explicitly stated. The provided excerpts from the FDD include information on interest expenses, related party transactions, marketing and development funds, franchisee concentrations, and fair value measurements. There is also data on the number of locations open during 2023 and 2022, and the amounts due to and from the Beef 'O' Brady's Fund.
While the FDD details various financial aspects of Beef O Bradys, it does not directly disclose the total revenue for the specified year. Instead, it focuses on specific financial transactions, such as interest expenses on notes payable, which totaled $1,836,607 for the year ended December 31, 2023. Additionally, the document mentions that Beef 'O' Brady's locations in Texas account for less than 10% of total restaurant revenues from restaurant operations and royalty fees.
A prospective franchisee should inquire directly with the franchisor, FSC Franchise Holdings, LLC, to obtain the specific total revenue figures for Beef O Bradys in 2023. This information is crucial for assessing the financial health and potential profitability of the franchise. Understanding the overall revenue can help potential franchisees make informed decisions about their investment and business strategy.
In summary, while the FDD provides a detailed overview of various financial components and operational aspects of Beef O Bradys, it lacks the specific figure for total revenue in 2023. Therefore, direct communication with the franchisor is necessary to acquire this essential piece of information for thorough due diligence.