The Brass Tap, a craft-beer focused franchise, signed 19 franchise agreements in the first half of 2021. The chain, which has slightly less than 50 locations, also reported its annualized average unit volume reached nearly $2 million in the second quarter of 2021 due in part to a series of new openings like the Modesto, California location. The unit pulled in an opening week revenue of $79,000, setting a new company record.
“We are proud to be a brand that was able to find success during the COVID-19 pandemic, and we are excited to continue to ride that wave,” says Chris Elliott, CEO of The Brass Tap. “Our record growth is a testament to the hard work of our franchisees and our commitment to provide world-class service across the nation.”
Houston and Dallas are primary markets the company has targeted for new prospective locations.