Tapville Social
Self-service beer taprooms/kiosks/restaurants- Units as of 2020
-
2 (3 years)100%
- 2020 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$117K - $722K
Company Overview
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About Tapville Social
- Industry
- Food
- Related Categories
- Sports Bars/Pubs, Food, Miscellaneous Full-Service Restaurants
- Founded
- 2016
- Parent Company
- Tapville Franchising Inc.
- Leadership
- Joseph Tota, CEO
Franchising Overview
- Franchising Since
- 2019 (2 years)
- # of employees at HQ
- 23
- Where seeking
- Franchisor is seeking new franchise units worldwide.
- # of Units
- 2
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Tapville Social franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $19,500 - $34,500
- Initial Investment
- $117,150 - $721,500
- Cash Requirement
- $50,000 - $250,000
- Royalty Fee
- 5%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
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Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Tapville Social has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 40 hours
- Classroom Training
- 40 hours
- Ongoing Support
-
Meetings & ConventionsGrand OpeningSecurity & Safety Procedures
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial Media
Operations
Additional details about running this franchise.
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- Yes
- # of employees required to run
- 40
- Are exclusive territories available?
- Yes
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