Taffer's Tavern franchise
2022 filing · July 15, 2022Shares sales figures
Taffer's Tavern at a glance
A full-service casual dining restaurant with a full bar.
The business
- Franchisor
- Premier Taverns LLC
- The company that sells the franchises
- Franchising since
- 2019
- 3 years of selling franchises
- Franchisor based in
- Las Vegas, Nevada
- Typical size
- About 5,000 sq ft
What you pay
- Cost to open
- $1.43M–$2.68M
- A Taffer's Tavern restaurant
- Franchise fee
- $50,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly; 4% in a casino, airport or concession venue
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- Franchised, 2022
- 2
- As printed in the filing
From Premier Taverns LLC’s 2022 filing; revenue and net loss from its audited financial statements, page 65; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Taffer's Tavern among all franchises with the same figure.
| Figure | Taffer's Tavern | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $2,053,750 | Costs more than 93% of franchises |
| Franchise feePaid once, when you sign | $50,000 | Higher than 70% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
How much a Taffer's Tavern franchise costs
Opening a Taffer's Tavern restaurant costs an estimated $1,425,000 to $2,682,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Premier Taverns LLC, 2022 filing, page 20
Taffer's Tavern franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: Premier Taverns LLC, 2022 filing, page 11
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly; 4% in a casino, airport or concession venue. |
|---|---|
| TechnologyFee | Currently$0, subjecttoincrease, upto$200/month |
| TransferFee (Franchise Agreement) | $15,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Premier Taverns LLC, 2022 filing, page 13
Other fees as filed, from pages 14–17. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Taffer's Tavern publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Premier Taverns LLC, 2022 filing, page 54
How Taffer's Tavern compares
Of the 813 restaurant franchises on this site, Taffer's Tavern is the 734th cheapest to open.
| Figure | Taffer's Tavern | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $1.43M | $408K | $222K |
| Cost to open, high end | $2.68M | $866K | $477K |
| Franchise fee | $50K | $35K | $40K |
| Royalty | 6% | 5% | 6% |
| Shares earnings figures | Yes | 474 of 813 | 2,147 of 3,352 |
Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2020 | 0 (0) | 0 |
| 2021 | 1 (+1) | 0 |
| 2022 | 2 (+1) | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Years end May 31.
These figures don't add up as printed: the 2022 counts come to 1, but the filing shows 0. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Premier Taverns LLC, 2022 filing, page 55
Who owns Taffer's Tavern?
Taffer's Tavern franchises are sold by Premier Taverns LLC. Its filing names no parent company.
From Premier Taverns LLC’s 2022 filing, page 7.
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: Premier Taverns LLC, 2022 filing, litigation on page 11, bankruptcy on page 11
Taffer's Tavern filings
The figures on this page come from Premier Taverns LLC’s 2022 filing, issued July 15, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | July 15, 2022 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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