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CROOKED PINT ALE HOUSE

CROOKED PINT ALE HOUSE

Crooked Pint Ale House is a franchise that operates casual/fast casual restaurants with a unique urban pub theme, offering on-premises dining, carry-out, and a menu featuring a wide assortment of beer, burgers, sandwiches, entrees, and other products and beverages. Some franchise locations may supplement their offerings with selected Green Mill on the Go products through co-branded shops. The business model revolves around franchising these restaurants, targeting customers seeking a pub-style dining experience in urban settings.

Since 2012Food & BeverageSt. Paul, MNHightop Brands, LLCwww.crookedpintalehouse.com
2024 FDDItem 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$1,181,700 - $2,093,900
Franchise Fee
$45,000
Locations
15

Financial Requirements

Franchise Fee$45,000
Initial Investment Range$1,181,700 - $2,093,900
Royalty Rate4.00%
Brand Fund1.50%
Fixed Monthly Fees$5,803 - $7,469

4% royalty + 1.5% (up to 3%) ad fund + $3,400/mo technology minimum + $230/mo KDS fee + $281/mo accounting software + $20,000-$40,000 annual insurance + $1,500 annual QC + $1,200 annual academy fee.

Franchise Stats

Franchise Locations15
Corporate Locations0
States Operating6
Franchising Since2012
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$1,339,440
Median Gross Revenue
$2,062,644

Data Based On: 15 franchised outlets open for full year 2023

* Annual average gross revenue calculated by multiplying the stated monthly average sales for 2023 ($111,620) by 12. Annual median gross revenue calculated by multiplying the stated monthly median sales for 2023 ($171,887) by 12. Best guess profit range estimated using the average food (32.41%), beverage (26.29%), and direct labor (35.80%) costs for 2023, totaling 94.50% of gross revenue. This leaves 5.50% of gross revenue available to cover all other operating expenses (e.g., royalty fees, advertising, occupancy, debt service, insurance, professional fees, other operating costs as listed in Item 19) and profit. For the high guess profit, other expenses were optimistically estimated at 1% of revenue, leading to a 4.50% profit margin. For the low guess profit, other expenses were estimated at 5% of revenue, leading to a 0.50% profit margin.

Extracted Item 19 Section

How CROOKED PINT ALE HOUSE Compares to Other Fast Casual Franchises

Key Insights

  • Higher investment than 93% of Fast Casual franchises
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
CROOKED PINT ALE HOUSE
Current
$1.2M - $2.1M$45K4.0%15
Tropical Smoothie Cafe$300K - $721K$35K6.0%1,371
TROPICAL SMOOTHIE CAFÉ$300K - $721K$35K6.0%1,371
FIREHOUSE SUBS RESTAURANTS (UNIT)$379K - $1.4M$20K6.0%1,248
Zaxby's$1.4M - $3.8M$35K6.0%826
Qdoba$548K - $1.3M$40K5.0%652
Fast Casual Average
107 franchises
$532K - $1.2M$39K5.6%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States by Outlet Count
1MN
12
2ND
2
3AZ
1
4SD
1
5WI
1

SBA Loan History

Historical SBA 7(a) loan data for CROOKED PINT ALE HOUSE franchisees (2013 - 2021)

Total Loans
4
Average Loan Amount
$600,250
Total Loan Volume
$2,401,000
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
1
System Transfers
2
Sold to Franchisees
0
Projected New Franchises
0

Frequently Asked Questions

How much does it cost to open a CROOKED PINT ALE HOUSE franchise?

The total initial investment to open a CROOKED PINT ALE HOUSE franchise ranges from $1,181,700 to $2,093,900. This includes a franchise fee of $45,000. Ongoing royalty fees are 4.0% of gross sales.

How much revenue does a CROOKED PINT ALE HOUSE franchise make?

According to the 2024 FDD, the average gross revenue for a CROOKED PINT ALE HOUSE franchise is $1,339,440. The median revenue is $2,062,644.

How much profit can you make with a CROOKED PINT ALE HOUSE franchise?

Based on the financial performance data in the FDD, estimated profit for a CROOKED PINT ALE HOUSE franchise ranges from $6,697.2 to $60,274.8 per year. Actual results vary based on location, management, and market conditions.

How many CROOKED PINT ALE HOUSE franchise locations are there?

As of the 2024 FDD, CROOKED PINT ALE HOUSE has 15 franchise locations. The company has been franchising since 2012.

Can you get an SBA loan for a CROOKED PINT ALE HOUSE franchise?

Yes, SBA loans are available for CROOKED PINT ALE HOUSE franchises. Historical data shows 4 SBA 7(a) loans have been approved for CROOKED PINT ALE HOUSE franchisees, with an average loan amount of $600,250. The historical default rate is 0.0%.

Is CROOKED PINT ALE HOUSE a good franchise to buy?

CROOKED PINT ALE HOUSE shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

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