Tapville Social

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Founded

2016

Started franchising

2019

Industry
Food & Beverage
franchises
Sub industry
Bar
franchises

Tapville Social offers a tech-forward experience with self-pour craft beer, wine, and cocktails, combined with a menu of shareable food items in a relaxed setting.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

?

$746,000
 - 
$2,081,000

Initial franchise fee

?

$44,500

Royalty fee

?

6.00%

Advertising fee

?

6.00%

Revenue per year (AUV)

?

$3,050,000

Undisclosed

vs.

$1,528,000

for

Bar
franchises

Operating Profit

?

Undisclosed

n.a.

vs.

10.1%

for

Bar
franchises

Sales : Investment Ratio

?

n.a.

2.2x

Investment Payback

?

6

years

Franchised units

?

22

+
633%
(
19
)
633%
(
19
)

vs. 2 years ago

Company-owned units

?

3

Total units

?

25

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2024

22

3

25

2023

11

3

14

2022

3

2

5

PROFITABILITY METRICS

Find how profitable this franchise is vs. industry benchmarks

Revenue

?

$3,050,000

Undisclosed

$948,000

$1,528,000

- COGS

?

Undisclosed

22.8%

29.9%

28.9%

Gross Profit

?

77.2%

Undisclosed

70.1%

71.1%

- Labor costs

?

Undisclosed

20.8%

27.5%

28.3%

- Other costs

?

Undisclosed

n.a.

n.a.

n.a.

Operating Profit

?

n.a.

Undisclosed

14.0%

10.1%

FRANCHISE DISCLOSURE DOCUMENT

2024

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COMPETITORS OF

Tapville Social

Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

22

+
633%
633%

$44,500

$746,000

-

$2,081,000

$3,050,000

n.a.

n.a.

77.2%

ADDITIONAL INFORMATION

Home based franchise

Yes

Passive investment opportunity

Yes

Item 19 available

No

B2B

No

Franchise opportunities in Canada

International franchise opportunities

E2 Visa franchise