Ultimate Sports Bar & Grill franchise
2024 filing · April 18, 2024
Ultimate Sports Bar & Grill at a glance
A sports bar and grill serving pub food and cocktails. At the end of 2023 there were 1 Ultimate Sports Bar & Grill locations in the US, all company-owned.
The business
- Franchisor
- Ultimate Sports Bar Franchise, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2023
- Franchisor based in
- Waite Park, Minnesota
What you pay
- Cost to open
- $370K–$839K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5%
- No royalty for the first three months, then 5% of gross revenue
- Brand fund
- Yes
- 2% of gross revenue once the fund starts
- Renewal fee
- See terms
- 35% of the then current initial franchise fee
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2021–2023
From Ultimate Sports Bar Franchise, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Ultimate Sports Bar & Grill among all franchises with the same figure.
| Figure | Ultimate Sports Bar & Grill | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $604,250 | Costs more than 71% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% 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 Ultimate Sports Bar & Grill franchise costs
Opening one Ultimate Sports Bar & Grill costs an estimated $370,000 to $838,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are equipment ($100,000 to $300,000) and leasehold improvements ($50,000 to $100,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Traveling and Living Expenses while Training | $4,000 | $6,000 | |
| Furniture, Fixtures, and Décor | $15,000 | $30,000 | |
| Real Property Rent and Security Deposits | $24,000 | $45,000 | |
| Leasehold Improvements | $50,000 | $100,000 | |
| TV, Cameras and other Supplies | $50,000 | $100,000 | |
| Equipment | $100,000 | $300,000 | |
| Initial Inventory | $35,000 | $50,000 | |
| Signage | $5,000 | $15,000 | |
| Grand Opening Advertising | $3,000 | $7,500 | |
| Licenses, Permits, and Certifications | $7,500 | $60,000 | |
| Insurance (3 Months) | $4,000 | $15,000 | |
| Professional Fees | $2,500 | $10,000 | |
| Additional Funds (3 months) | $30,000 | $60,000 | |
| Total | $370,000 | $838,500 | |
Source: Ultimate Sports Bar Franchise, LLC, 2024 filing, page 16
Ultimate Sports Bar & Grill franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Ultimate Sports Bar Franchise, LLC, 2024 filing, page 11
Royalty and ongoing fees
| Royalty | No royalty for the first three months, then 5% of gross revenue. |
|---|---|
| Brand or marketing fund | 2% of gross revenue once the fund starts. |
| POS and Software Fees | Approximately $8,000 - $11,000 per month, plus transaction fees |
| Renewal Fee | 35% of the then current initial franchise fee |
| Local Advertising | 1% of Gross Revenues |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Ultimate Sports Bar Franchise, LLC, 2024 filing, page 12
Other fees as filed, from pages 12–13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Ultimate Sports Bar & Grill does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Ultimate Sports Bar Franchise, LLC, 2024 filing, page 39
- Estimate Estimated yearly sales per location
- $920K–$1.6M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Ultimate Sports Bar & Grill compares
Of the 813 restaurant franchises on this site, Ultimate Sports Bar & Grill is the 358th cheapest to open and the 724th largest by number of locations.
| Figure | Ultimate Sports Bar & Grill | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $370K | $408K | $222K |
| Cost to open, high end | $839K | $866K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| US locations | 1 | 14 | 21 |
| Shares earnings figures | No | 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 | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 1 | 0 | 0 |
| 2023 | 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: Ultimate Sports Bar Franchise, LLC, 2024 filing, page 40
Who owns Ultimate Sports Bar & Grill?
Ultimate Sports Bar & Grill franchises are sold by Ultimate Sports Bar Franchise, LLC. Its filing names no parent company.
From Ultimate Sports Bar Franchise, LLC’s 2024 filing, page 9.
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: Ultimate Sports Bar Franchise, LLC, 2024 filing, litigation on page 10, bankruptcy on page 10
Ultimate Sports Bar & Grill filings
The figures on this page come from Ultimate Sports Bar Franchise, LLC’s 2024 filing, issued April 18, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 18, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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Ultimate Sports Bar & Grill is also on these lists: food franchises.