FSC Franchise Co.

What FSC Franchise Co. does

FSC Franchise Co. is a privately held, multi-brand restaurant franchise holding company headquartered at 5660 W. Cypress Street, Tampa, FL. It owns and develops three franchise restaurant and bar concepts: Beef 'O' Brady's (a family sports pub focused on community and neighborhood connection), The Brass Tap (an upscale craft beer bar with nightly social events), and Newk's Eatery (a premium fast casual concept serving sandwiches, salads, soups, and pizza, acquired in 2023 and originally founded in 2004 by Chris Newcomb). As of late 2025, the company manages more than 280 franchise locations across 27 U.S. states through wholly owned brand subsidiaries, selling franchise rights to entrepreneurs and providing ongoing brand, training, and marketing support. A stated 2024 expansion plan targets 23 new openings across the portfolio and 10-15 new Newk's Eatery units annually.

The company has no proprietary consumer technology platform; its operating assets are its brands, franchise system infrastructure, and brand-specific franchise sales websites (BeefOBradysFranchise.com, TheBrassTapFranchise.com, OwnANewks.com). Revenue is generated from three streams: (1) one-time new store franchise fees of $40,000 (Newk's) to $43,000 (Beef 'O' Brady's, Brass Tap, the latter split $25,000 franchise fee + $18,000 training fee), (2) ongoing royalty fees of 4.0-5.0% of franchisee adjusted gross sales, and (3) recurring marketing fund contributions of 1.5-2.5% of adjusted gross sales — fees FSC characterizes as among the lowest in the industry. Franchisee financial qualifications include $300,000 liquid assets and $1,000,000 minimum net worth per location for the Beef 'O' Brady's and Newk's brands.

Customers are individual or SMB entrepreneurs — many with no prior restaurant experience — who self-select into a brand based on lifestyle fit (sports-oriented community builder, upscale/entertainment-oriented operator, or quality-focused fast casual operator). The company places franchise sales primarily through dedicated brand websites supported by a Director of Franchise Sales (813-226-2333 ext. 440). Franchise development was paced at a record 40 signings and 11 new openings in 2023. John Massari, a veteran restaurant finance executive, was appointed CFO on 2025-11-25 to strengthen financial infrastructure for the 280+ location network.

Name

FSC Franchise Co.

Legal name

FSC Franchise Co.

Website

https://fscfranchiseco.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

FSC Franchise Co. is a privately held, multi-brand restaurant franchise holding company that owns and franchises Beef 'O' Brady's, The Brass Tap, and Newk's Eatery, selling franchise rights to entrepreneurs and collecting ongoing royalties and marketing contributions across 280+ U.S. locations.

Ownership category

akta.pro rank

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. Franchise Fees: One-time fees charged to franchisees for the right to use the brand and receive training and support. New store fees range from $40,000 to $43,000 depending on the brand.
2. Royalty Fees: Ongoing royalty fees charged as a percentage of adjusted gross sales. Royalty fees range from 4.0% (Beef 'O' Brady's) to 5.0% (Newk's Eatery).
3. Marketing Fund Contributions: Franchisees contribute to marketing funds based on a percentage of adjusted gross sales, ranging from 1.5% to 2.5% depending on the brand.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

FSC Franchise Co. is a multi-brand restaurant franchise holding company that owns and develops three restaurant concepts—Beef 'O' Brady's (family sports pub), The Brass Tap (upscale craft beer bar), and Newk's Eatery (premium fast casual). It sells franchise rights to entrepreneurs, delivers initial franchise and training support, and collects ongoing royalties and marketing fund contributions from franchisees across more than 280 locations in 27 U.S. states.

Product overview

FSC Franchise Co. operates as a multi-brand franchise platform managing three distinct restaurant and bar concepts: Beef 'O' Brady's (a community-focused family sports pub), The Brass Tap (an upscale craft beer bar), and Newk's Eatery (a premium fast casual dining chain acquired in 2023). The company provides franchise development services, offering prospective franchisees investment profiles with varying fee structures across its brands, with royalty fees ranging from 1.5% to 5.0% and marketing fund contributions from 1.5% to 2.5%. FSC's portfolio spans more than 280 locations across 27 states, with plans to open 23 new locations annually and expand Newk's Eatery by 10-15 outlets per year.

Differentiator

Problem solved

Functional benefit

Brands

• Beef 'O' Brady's: Family sports pub franchise focused on good food, sports, and community integration.
• The Brass Tap
• Newk's Eatery

Products and services

• Beef 'O' Brady's Franchise Family sports pub franchise offering good food and sports in a neighborhood community setting; designed for outgoing, people- and sports-loving entrepreneurs interested in becoming an integral part of their community. $43,000 new store fee ($25,000 franchise fee + $18,000 training fee), 4.0% royalty on adjusted gross sales, 2.5% marketing fund contribution, $300,000 liquid assets and $1,000,000 minimum net worth per location.
• The Brass Tap Franchise Upscale, faster-paced craft beer bar franchise set in suburban or city locations with nightly social events; targeted at entrepreneurial types seeking an upscale bar and dining experience. $43,000 new store fee ($25,000 franchise fee + $18,000 training fee), 4.0% royalty on adjusted gross sales, 1.5% marketing fund contribution, $300,000 liquid assets and $1,000,000 minimum net worth per location.
• Newk's Eatery Franchise Premium fast casual dining franchise serving sandwiches, salads, soups, pizza, and more with no microwaves, fryers, or shortcuts; 95 locations across 12 states. $40,000 new store fee, 5.0% royalty on adjusted gross sales, 1.75% marketing fund contribution, $300,000 liquid assets and $1,000,000 minimum net worth per location. The brand was originally founded in 2004 by Chris Newcomb and celebrated its 20th Anniversary in 2024.

Quantifiable outcome

• Record year 2023 with 40 signings and 11 openings
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Newk's EaterycoreStrategic or Co-development PartnerFSC Franchise Co. acquired Newk's Eatery, expanding its multi-brand franchise portfolio. This acquisition added the premium fast casual dining concept to FSC's existing sports pub (Beef 'O' Brady's) and craft beer bar (The Brass Tap) brands. The company plans to increase Newk's presence to 10-15 new outlets annually, leveraging synergies among its brands.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat3 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fsc-franchise-co

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FSC Franchise Co.