Taffer's Tavern Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$50,000
Investment required
$807,000 - $1,341,000
Taffer’s Tavern: Redefining the Modern Tavern Experience
Taffer’s Tavern is an innovative franchise in the casual dining industry, renowned for its unique approach to the traditional tavern experience. Founded in 2020 by Jon Taffer, a prominent figure in the hospitality industry known for his role on the TV show Bar Rescue, Taffer’s Tavern began in Atlanta, Georgia.
The franchise is headquartered in Atlanta and offers a modern twist on classic tavern fare with a focus on high-quality ingredients and exceptional service. The franchise began its franchising journey in early 2021, aiming to expand its brand across various regions.
Taffer’s Tavern differentiates itself through its emphasis on a streamlined, technology-driven operation that enhances the guest experience. The franchise utilizes a proprietary system designed to improve efficiency and customer satisfaction, setting it apart from traditional tavern models.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure |
Amount |
Initial Franchise Fee |
$50,000 |
Delayed Opening Fee |
$0 to $5,000 |
Leasehold Improvements & Construction Cost |
$210,000 to $415,000 |
Licenses and Permits (Not Including a Liquor License) |
$10,000 to $15,000 |
Rent – 3 months |
$0 to $60,000 |
Security Deposits |
$5,000 to $25,000 |
Blueprints |
$15,000 to $30,000 |
Furnishings, Fixtures & Equipment |
$330,000 to $425,000 |
Signage – Interior and Exterior |
$12,000 to $40,000 |
Computer System |
$9,000 to $12,000 |
Travel & Living Expenses While Training |
$0 to $15,000 |
Insurance – 3 Months |
$1,000 to $2,000 |
Professional Fees |
$2,500 to $4,500 |
Grand Opening Advertising Campaign |
$5,000 to $15,000 |
Opening Inventory & Supplies |
$65,000 to $80,000 |
On-Site Location Evaluation |
$0 to $5,000 |
Audio/Visual System |
$25,000 to $50,000 |
Ancillary Real Estate Costs |
$2,500 to $7,500 |
Additional Funds – 3 Months |
$65,000 to $85,000 |
Total |
$807,000 to $1,341,000 |
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Franchise Disclosure Document
Training
Taffer’s Tavern Franchise offers a comprehensive training program designed to ensure franchisees and their staff are well-prepared for success. The training includes:
- Initial Training: This foundational training is conducted at the corporate headquarters and covers all aspects of running a Taffer’s Tavern. It includes operational procedures, menu preparation, and customer service standards.
- On-Site Training: Franchisees receive hands-on training at their own location, which includes setting up the restaurant, implementing systems, and training the local staff. This phase helps ensure that franchisees are comfortable with the daily operations.
- Ongoing Support: After the initial training, Taffer’s Tavern provides continuous support through regular updates, refresher courses, and operational guidance. This includes access to a dedicated support team for ongoing assistance.
- Technology Training: Given the franchise’s emphasis on technology, there is specific training on using the proprietary systems for order management, inventory control, and customer relationship management.
- Marketing and Sales Training: Franchisees are trained in marketing strategies, local advertising, and promotional activities to drive traffic and build brand presence in their respective markets.
Territory Protection
Taffer’s Tavern franchise provides territory protection to its franchisees, ensuring that each location operates within a defined geographic area without competition from additional Taffer’s Tavern units.
This protection is designed to help franchisees establish and grow their businesses without the concern of encroachment from nearby franchises. By securing exclusive territories, Taffer’s Tavern aims to support the long-term success and profitability of its franchisees.