There are many types of bar franchises, and each has its advantages and disadvantages. Here are some of the most common types of bar franchises:
Sports Bars: These bars are typically found near stadiums or arenas and feature large screens showing live sports events. They often have a large selection of beer and wine, as well as food that is specific to sports bars.
Dive Bars: These bars are typically found in low-income neighborhoods and feature cheap drinks and a casual atmosphere. They are often the only place in a community where people can get a drink and can be a popular gathering place for locals.
The Best Bar Franchises to Buy
Regarding bar franchise ownership, there are many options to consider. We’ve identified some of the best opportunities to include Twin Peaks, Beef ‘O’ Brady’s Family Sports Pub, Bar Louie, The Green Turtle Sports Bar & Grille, Brass Tap, and Arroga’s Grille House & Sports Bar.
More bar franchises include Rock & Brews, Anchor Bar, Knockout Sports Bar, Shuckin’ Shack Oyster Bar, Beerhead Bar, and The Middle Spoon. More options include Glory Days Grill, Crafts Beer Cellar, Symposium Café, Black Rock Bar & Grill, Growler USA, The Wine Loft, and Bar 145.
i. Twin Peaks
Joining this bar franchise starts with completing and submitting its request info form, pre-qualification, receiving an introductory call, and discussing territory of interest. The application and due diligence procedure is also followed by meeting the Twin Peaks team and executing the legal agreements.
With over three decades in existence, the Beef ‘O’ Brady’s Family Sports Pub brand has amassed a loyal following due to its customer-focused approach. Investors are also given all the necessary support to succeed. The company has since witnessed a lot of transformation from a restaurant to a social hub.
iii. Bar Louie
Bar Louie is looking for franchise candidates with relevant restaurant or business experience and a strong work ethic. Also important is the desire of the franchisee or investor to be part of its community. Once contact is established, joining is pretty straightforward, as you’re given all the guidance you need.
There are multiple reasons why the Green Turtle Sports Bar & Grille attracts lots of investors. These include its rich menu, broad unit economics, the “cool factor,” and comprehensive support. More importantly, the profit and growth potential continues to draw investor interest.
v. Brass Tap
With 42 locations spread across 14 states, Brass Tap offers an exciting franchise opportunity for persons seeking flexible terms and a business that’s easy to operate. The franchisor’s innovation and customization have made the Brass Tap brand popular. Upon contacting the franchise, you’re taken through a detailed guide.
Arooga’s sports-themed restaurants and bars offer customers a range of traditional, favorite American cuisines and craft beers. It was founded in 2007 and began franchising in 2010. To own this franchise opportunity, you’ll need an initial investment of around $1,277,000 to $3,564,250.
vii. Rock & Brews
This bar franchise requires prospective franchisees to meet its minimum financial demands of $500,000 in liquid assets and a net worth of $1.5 million per store. Franchisees must also have multi-unit casual dining management experience and operations experience serving alcoholic beverages.
viii. Anchor Bar
Prospective franchisees seeking to buy an Anchor Bar franchise must fill out its online form. This covers different aspects that seek to determine your level of qualification. Qualified candidates are contacted and put through the ownership process. This includes answering any questions you might have about the franchise.
This bar franchise has a liquid capital requirement of $500,000 and a total investment requirement of $538,000 to $929,000. The ownership process starts by filling out its franchise application form. Knockout Sports Bar franchisees enjoy all benefits, including training and ongoing support.
Becoming a Shuckin’ Shack Oyster franchisee can make your entrepreneurial dreams a reality. This family vacation experience bar adds quality, sustainability, and fun to its operations. It provides its franchisees with all the help they need to succeed through streamlined products and operations.
xi. Beerhead Bar
Bearhead Bar seeks qualified candidates interested in joining its growing brand. Experience is essential for candidates, as you’ll need a general business understanding and specific experience in the service industry. Passion is another critical requirement to get considered for this franchise opportunity.
xii. The Middle Spoon
Also among the best bar franchises to buy is The Middle Spoon. Joining this franchise requires a passion for the concept. You don’t have to have years of restaurant experience to be considered. The Middle Spoon has a minimum liquid cash requirement of $100,000 to join.
xiii. Glory Days Grill
With over 26 years of experience, Glory Days Grill is a bar franchise opportunity that seeks great partners or operators to join its growing family. As its operator, you’re an equity partner and must meet its $750,000 in liquid assets and $1.5 million in net worth to be considered.
xiv. Crafts Beer Cellar
This company operates beer stores and tap rooms. It started operations in 2010 and franchising two years later, in 2012. As an interested franchisee seeking to join the Crafts Beer Cellar brand, you’ll need to meet its initial investment requirement of $60,325 to $182,000.
xv. Symposium Café
Symposium Café offers its franchisees all the help they need to succeed. This includes a 3-month training program and access to its proven franchise system. What more? You get to benefit from its comprehensive support, brand strength, and versatility.
This restaurant and bar franchise opportunity was launched in 2014. Since it commenced operations, multiple outlets have been opened, with more opportunities being presented to start your outlet. Prospective franchisees are required to have an initial investment of $1,519,940 to $2,957,625.
Try going through these bar franchise opportunities to identify one more suitable for your investment needs. This requires finding out what each has to offer. You may have to contact franchisors for detailed feedback on their investment opportunities.
There you have it. The bar franchise opportunities mentioned above are among the best you can find. Tons of options are offered to investors seeking to join successful bar franchise brands.