What were the total salaries and overhead charges for the Beef O Bradys Fund in 2023?

According to Beef O Bradys's 2025 Franchise Disclosure Document, the Beef O Bradys Fund had salaries and overhead charges of $25,000 in 2023. This figure represents the expenses related to the administration and operation of the marketing and development fund.

For a prospective franchisee, this indicates the level of investment Beef O Bradys allocates to covering administrative costs within the fund. It is important to note that this amount is separate from the franchise marketing and advertising fees, which totaled $1,096,000 in 2023. The marketing and development fund is used for promotion, public relations, product research and development, and advertising campaigns to support Beef O Bradys restaurants.

Understanding the breakdown of these expenses can help a franchisee assess how their marketing fees are being utilized. While $25,000 is allocated to salaries and overhead, a significantly larger portion is directed towards advertising and marketing initiatives. This suggests that Beef O Bradys prioritizes direct marketing efforts to drive business to its franchise locations.

It's also worth noting that the company charges the Funds for the use of office space, rental of equipment, and a portion of the administrative salaries of the Company's employees who perform work for the Funds. These amounts are included as a reduction of operating expenses in the accompanying consolidated statements of operations. The Funds charge the Company and company-owned stores for marketing and advertising.