Hub Tap franchise
2022 filing · June 10, 2022Shares sales figures
Hub Tap at a glance
A mobile bar service bringing a bar trailer and bartenders to weddings, parties and events. At the end of 2021 there were 1 Hub Tap locations in the US, all company-owned.
The business
- Franchisor
- Hub Tap Franchise LLC
- The company that sells the franchises
What you pay
- Cost to open
- $53K–$90K
- Fee, build-out and opening working capital
- Franchise fee
- $18,000
- For a territory of at least 100,000 people
- Royalty
- 5%
- 5% of gross sales from the 25th month, paid monthly. A brand fund of up to 2% is not charged yet
- Brand fund
- None now
- Up to 2% of gross sales; not charged at present
- Renewal fee
- $5,500
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2021
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2019–2021
- States
- 1
- Most in Florida
From Hub Tap Franchise LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Hub Tap among all franchises with the same figure.
| Figure | Hub Tap | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $71,050 | Costs less than 93% of franchises |
| Franchise feePaid once, when you sign | $18,000 | Lower than 92% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Hub Tap franchise costs
Opening one Hub Tap costs an estimated $52,550 to $89,550. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are trailer ($23,000) and initial franchise fee ($18,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $18,000 | ||
| Furniture, Fixtures and Equipment | $1,250 | $10,000 | |
| Trailer | $23,000 | ||
| Delivery | $500 | $5,000 | |
| Computer, Software and System | $200 | $1,000 | |
| Initial Inventory | $1,000 | $2,000 | |
| Utility Deposits | $0 | $150 | |
| Insurance Deposits and Premiums | $900 | $1,400 | |
| Travel and Lodging for Initial Training | $500 | $1,500 | |
| Grand Opening Marketing Expense | $3,000 | ||
| Professional Fees | $1,000 | $5,000 | |
| Business Licenses and Permits | $500 | ||
| Vehicle | $0 | $10,000 | |
| Prepaid Rent and Security Deposit | $0 | $2,000 | |
| Additional Funds – Initial period of Three months | $3,000 | $7,000 | |
| Total | $52,550 | $89,550 | |
Source: Hub Tap Franchise LLC, 2022 filing, page 17
Hub Tap franchise fee
The franchise fee is $18,000, for a territory of at least 100,000 people. You pay it when you sign the franchise agreement.
Source: Hub Tap Franchise LLC, 2022 filing, page 11
Royalty and ongoing fees
| Royalty | 5% of gross sales from the 25th month, paid monthly. A brand fund of up to 2% is not charged yet. |
|---|---|
| Brand or marketing fund | Up to 2% of gross sales; not charged at present. |
| Technology | Up to $200 per month. Currently we do not charge a Technology fee |
| Transfer | $5,000 |
| Renewal | $5,500 |
| Local Marketing | The lesser of 2% of Gross Sales or $750 per month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Hub Tap Franchise LLC, 2022 filing, page 12
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Hub Tap publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Hub Tap Franchise LLC, 2022 filing, page 43
How Hub Tap compares
Of the 139 mobile franchises on this site, Hub Tap is the 33rd cheapest to open and the 109th largest by number of locations.
| Figure | Hub Tap | Typical mobile brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $53K | $96K | $222K |
| Cost to open, high end | $90K | $167K | $477K |
| Franchise fee | $18K | $35K | $40K |
| Royalty | 5% | 7% | 6% |
| US locations | 1 | 10 | 21 |
| Shares earnings figures | Yes | 91 of 139 | 2,147 of 3,352 |
Typical is the median across the 139 brands in mobile franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 1 | 0 | 0 |
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Hub Tap Franchise LLC, 2022 filing, page 46
Where Hub Tap locations are
At the end of 2021, Hub Tap had locations in 1 state. The most are in Florida.
- Florida1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Florida | 0 | 1 | 1 |
Source: Hub Tap Franchise LLC, 2022 filing, page 47
Who owns Hub Tap?
Hub Tap franchises are sold by Hub Tap Franchise LLC. Its filing names no parent company.
From Hub Tap Franchise LLC’s 2022 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Hub Tap Franchise LLC, 2022 filing, litigation on page 10, bankruptcy on page 10
Hub Tap filings
The figures on this page come from Hub Tap Franchise LLC’s 2022 filing, issued June 10, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | June 10, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other mobile franchises
All mobile franchises
Hub Tap is also on these lists: entertainment franchises.