Thirsty Joe's Draft House- New Franchise! Multiple Locations Available

Richmond, VA (Richmond City County)

Seller Financing Available
Thirsty Joe's Draft House
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Asking Price: Get Financing: $325,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $275,000

Inventory: N/A

Established: 2018

Thirsty Joe's Draft House- New Franchise! Multiple Locations Available

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Business Description

This is a new franchise opportunity! The initial franchise fee is $30,000, and capital required for buildout is approximately $275,000.

Thirsty Joe’s Draft House® utilizes U-PourTM Draft technology, a fully integrated system that transforms regular beer, wine, and cider taps into the newest sought after bar craze and business opportunity; “Self Pouring”, Pay-by-the-ounce taps!
Why focus on Draft?
- From 2014-2016, Draft beer sales rose 21.7% in the US. Brewers Association
- Many breweries only offer seasonal and specialty beers on draft.
- “Draft beer can be one of the most profitable items in your bar if you get the pricing right” - BlogBar
- On average, draft beer costs 35% less than bottles or cans. - 70% of beer drinkers prefer draft over bottles.
What are the benefits of self pouring/pay-by-the-ounce?
- Eliminate waste, maximize profits
- Offer guests a wider selection
- Encourages the customer to try something new
- Minimal staffing needs
- Easy to use system
- Eliminates the customer having to wait for a bartender/server
- Creates demand for customers to return more frequently
- Offers sales opportunities for customers who don’t want a full glass
The Thirsty Joe’s Draft House® menu is strategically designed to offer high demand items while maximizing margin potential. All menu items and processes have been chosen and designed for speed with minimal prep needed.Thirsty Joe's Draft House Franchise Start-Up

$30,000 for upfront Franchise Fee, and must have $275,000 -$585,000 for build-out.

Franchise Approved in Virginia and California. Territories Available throughout the State of Virginia

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Territories Available Throughout Virginia
Support & Training:
Franchise Training Provided
Reason for Selling:
New franchise Opportunity!
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

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Jim JD/EA, CRE

Business Listed By:
Jim Maxwell, JD/EA, CRE

KW Commercial Mid Atlantic

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Sponsoring Broker:
Jim Maxwell, JD/EA, CRE

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