O Bradys seeks franchise
owner for new Madison restaurant
franchise could costs an operator
as much as $600,000.
(December 2007) Sports enthusiasts who love
to gather after a game to rehash every move or fans interested in watching
the big one will cheer heartily over the announcement that
a sports pub and family restaurant chain has its eyes on Madison, Ind.,
as a possible franchise site.
by Don Ward
La Grange, Ky., Beef O Bradys
opened for business in October 2005.
Beef OBradys Family Sports Pub, which combines
the ideas of a neighborhood pub with a family-friendly atmosphere, has
announced it is looking at Madison as a possible location for a new
Sarah Bechard, an executive assistant at Beef O Bradys,
confirmed that Madisons demographics fit with what the company
generally looks for in selecting franchise locations. We look
for things like population size, competition from other restaurants
and community support, said Bechard.
The restaurant corporation is seeking individuals or partnerships who
want to work within the framework of company ideals about community
involvement. Beef O Bradys way of life is the combination
of family, community, business and values into a new way of life for
every partner. It provides you the opportunity to be involved with your
family while earning a living, according to the companys
Bechard said the corporation provides multifaceted support for franchise
owners, including construction advice, employee training and ongoing
marketing. We can also help possible franchise owners find financial
Starting a franchise, however, can be costly. Potential owners need
to have $125,000 cash or cash equivalent to start, according to Bechard,
plus a $250,000 net worth. Additional costs can run $375,000 to $600,000
to open a store.
Some of those costs depend upon construction issues, including
building sites and parking, said Bechard.
There is also a $35,000 franchise fee and a grand opening fee. Ongoing
marketing fees will run 1.5 percent of annual net sales, and royalty
fees will cost 4 percent of sales.
While those figures may seem slightly daunting at first, there are Beef
O Bradys springing up all across the southeast. The nearest
locations now are in La Grange, Ky., and two in eastern Louisville,
just off the Gene Snyder Freeway on Brownsboro Rd., and another on Shelbyville
Road in Middletown.
For more information about Beef OBradys
or its franchise opportunities, visit: www.beefobradys.com.
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