Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Beef 'O' Brady's announces purchase of the Brass Tap

Beef 'O' Brady's, the Tampa-based chain of family sports pubs, announced Monday that it has purchased the Brass Tap, an upscale and growing network of craft beer and fine wine bars.

The Brass Tap, founded in 2007, currently has locations in Wesley Chapel, Brandon and Trinity. A fourth location is expected to open at Dale Mabry Highway and Kennedy Boulevard in South Tampa this summer, with two more franchises by early next year in Carrollwood and Orlando.

"The Brass Tap is a renowned Florida brand with a unique position in the marketplace," said James Walker, chief development officer for Beef 'O' Brady's, in a statement. "This culture is like nothing else I have experienced in the industry before, and we are excited to help grow the Brass Tap through franchising."

The founders of the Brass Tap, who also own seven Beef 'O' Brady's franchises in Florida, will remain as shareholders, partners and owners of the current Florida franchises.

Cashing in on the imported microbrew and craft beer craze, the Brass Tap and its rival, Tampa's World of Beer, are trying to revive the drinks-only neighborhood tap room that was declared an endangered species two decades ago.

Both of the chains are adding stores, and they have hit on a formula generating about $1.4 million in annual revenue per store almost entirely from beer alone. And the average patron sips less than two brews a visit.

Jeff Martin, one of the bar's founders, said partnering with Beef 'O' Brady's will help take the company national much faster thanks to the restaurant chain's experience and widespread network. "On the franchising side, bringing them on as partners was a good fit," he said.

Beef 'O' Brady's announces purchase of the Brass Tap 06/25/12 [Last modified: Monday, June 25, 2012 7:00pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. An attempt to project what Rays will look like in 2018

    The Heater

    BALTIMORE — We know what the Rays look like this year: a team that had enough talent but too many flaws, in construction and performance, and in the next few days will be officially eliminated from a wild-card race it had a chance to win but let slip away.

    Adeiny Hechavarria, high-fiving Lucas Duda, seems likely to be brought back.
  2. Trump fallout: Bucs' DeSean Jackson to make 'statement' Sunday

    Bucs

    Bucs receiver DeSean Jackson said Saturday that he will make a "statement" before today's game against the Vikings in response to President Donald Trump's comment that owners should "fire" players who kneel in protest during the national anthem.

    Tampa Bay Buccaneers wide receiver DeSean Jackson (11) makes a catch during the first half of an NFL game between the Chicago Bears and Tampa Bay Buccaneers at Raymond James Stadium in Tampa, Fla., on Sunday, Sept. 17, 2017.
  3. Kriseman invites Steph Curry to St. Pete on Twitter

    Blogs

    Mayor Rick Kriseman is no stranger to tweaking President Donald Trump on social media.

    Mayor Rick Kriseman took to Twitter Saturday evening to wade into President Donald Trump's latest social media scuffle
  4. Death toll, humanitarian crisis grow in Puerto Rico

    World

    SAN JUAN, Puerto Rico — A humanitarian crisis grew Saturday in Puerto Rico as towns were left without fresh water, fuel, power or phone service following Hurricane Maria's devastating passage across the island.

    Crew members assess electrical lines in the aftermath of Hurricane Maria on Friday in Puerto Rico. Mobile communications systems are being flown in but “it’s going to take a while.”
  5. N. Korea says strike against U.S. mainland is 'inevitable'

    World

    North Korea's foreign minister warned Saturday that a strike against the U.S. mainland is "inevitable" because President Donald Trump mocked leader Kim Jong Un with the belittling nickname "little rocketman."