BARREL HOUSE

Item 7 lays out a hefty entry: $40,000 franchise fee within a $540,000-$1,215,000 total investment, covering buildout for pub-style sandwiches, pizzas, burgers, and booze service. Ongoing fees hit 5% royalty plus 1% brand fund, plus fixed $250/month tech and $200/month Incentivio app charges—modest royalties for casual dining but extras that nibble at margins. Item 19 shines with $2,125,245 average gross revenue across units, a standout for the category where many hover under $1.5M, hinting at strong per-unit performance in competitive spots targeting locals, students, and travelers from Davenport, IA headquarters.

System maturity lags: just 1 franchised location versus 6 corporate-owned, flat at 7 total units from 2022-2023 (0% growth), with only 2 projected new units. No SBA default data flags yet due to newness, but zero expansion signals caution—corporate heavy-lifting sustains the brand without franchisee momentum. For investors, the revenue allure tempts, but sparse franchise proof and flat trajectory scream high risk; weigh if you can replicate those sales in a saturated tavern scene before committing over half a mil.