BrewDog logo

BrewDog Franchise

Audited Financials
Food and BeverageEst. 2019Canal Winchester, OH
www.brewdog.com

Risk Score

Pending analysis

Investment Range

$3,363,500 - $5,730,500

Franchise Fee

$25,000

Min Cash Required

$50,000

Total US Locations

8

Business Summary

BrewDog BrewPubs operate as brewpubs and limited breweries under the 'BREWDOG®' name, offering proprietary craft beer brewed on premises, along with a menu of pizza, burgers, sandwiches, and other food and beverage items.

Corporate History

BrewDog Franchising LLC was established in Ohio in 2019. Its parent company, BrewDog USA Inc., is owned by BrewDog PLC, a UK-based company that began operating BrewDog businesses internationally in 2010 and first granted international franchises in Sweden in 2013. BrewDog Franchising LLC itself started offering franchises and development rights for BrewDog BrewPubs in the United States in October 2020. While BrewDog Franchising LLC has not operated its own BrewDog BrewPubs, its affiliates have owned and operated them since February 2017.

Financial Overview

Investment Range

$3,363,500 - $5,730,500

Franchise Fee (Low)

$25,000

Franchise Fee (High)

$50,000

Minimum Cash Required

$50,000

Royalty %

5%

Equipment Costs (Low)

$2,900,000

Equipment Costs (High)

$4,750,000

Working Capital

$125,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Going concern qualification

Financial Health Notes

The independent auditor for BrewDog has expressed substantial doubt about the company's ability to continue as a going concern. BrewDog has experienced recurring losses from operations and has a net capital deficiency, raising concerns about its financial capacity to provide services and support to franchisees. BrewDog's ability to continue operations depends on its management's plan to grow profitable operations and secure additional funding.

Financing Details

BrewDog does not offer any direct or indirect financing to its franchisees. BrewDog also does not guarantee any notes, leases, or other obligations for its franchisees.

Performance Metrics

Total US Locations

8

Franchised Units

0

Corporate Units

8

Avg Square Footage

9,250

Franchising Since

2020

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their franchise, BrewDog franchisees must have substantially complied with all contractual obligations and operated their BrewPub in accordance with System Standards and all applicable laws. They are required to remodel or upgrade the BrewPub to meet current standards, sign BrewDog's then-current franchise agreement and any required releases (where allowed by state law), and pay a successor franchise fee. The terms of the new franchise agreement, including fees, may differ materially from the original agreement.

Training & Support Program

Franchisor Assistance

BrewDog provides extensive assistance to its franchisees. Before opening, BrewDog helps with reviewing potential BrewPub sites and proposed leases. It provides construction guidelines, design standards, and a list of approved suppliers for equipment and products. Initial training is provided for four key personnel (Principal Owner, General Manager, Head Brewer, and Kitchen Manager) at no additional fee, though franchisees cover their own expenses. BrewDog also sends a Training Team for 10 days to assist with the grand opening of the first two BrewPubs. Franchisees receive access to the Operations Manual. Ongoing support includes advice on operations, purchasing, training, and marketing, as well as access to an Intranet and System Website. BrewDog periodically inspects BrewPub operations and beer quality, offers refresher training courses, and reviews franchisee advertising materials.

Initial Training Hours

80

Training Location

Columbus, OH

Ongoing Support

BrewDog provides ongoing advice and recommendations on BrewPub operations, including standards, purchasing, training methods, advertising, and marketing. Franchisees have access to the Operations Manual and potentially an Intranet for internal communication. BrewDog may offer additional guidance, assistance, or refresher training courses, which may incur fees and expenses for the franchisee. BrewDog also maintains a System Website and social media accounts to promote the brand and inspects and monitors BrewPub operations and the quality of beer brewed on-site.

Franchise Requirements

Ideal Candidate Profile

BrewDog seeks franchisees who will form a business entity (like a corporation or LLC) that will exclusively own and operate the BrewPub. The ideal candidate will either be a Principal Owner or hire a General Manager who has at least five years of food and beverage operations experience. This individual must be approved by BrewDog and is required to dedicate substantially all of their business time to the on-premises management and operation of the BrewPub, while also ensuring compliance with all state and federal alcohol licenses.

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

Hands-On

Territory Type

Exclusive

Territory Size Requirements

BrewDog territories are expected to encompass an approximate one-mile radius from the BrewPub premises. The actual size may vary based on the population density of the specific area where the BrewPub is located.

Staffing Notes

BrewDog BrewPubs must maintain adequate staffing levels to operate in compliance with System Standards, which cover personnel appearance and customer service. Franchisees are solely responsible for all employment practices, including hiring, training, and managing their employees. Key roles requiring initial training include the Principal Owner (or General Manager), Head Brewer, and Kitchen Manager. For multi-unit developers, BrewDog also outlines an 'Above Bar Structure Matrix' detailing executive and operational management roles, such as Operations Manager, Marketing Manager, HR Business Partner, and Trainer, which scale based on the number of BrewPubs owned.