Sedona Taphouse
$500,000
$35,000
16
2014
Richmond,VA
Dennis Barbaro
Overview
Serious food and hundreds of craft beers in a warm and upper-scale setting. Not a beer lover? No worries! Our signature craft cocktails and thoughtful wine list all go well with our from-scratch food menu which includes hand-cut steaks and seafood, pasta, and handhelds. Beyond our incredible food and award-winning happy hour what ultimately makes us different is our commitment to quality, our people, and our ongoing contributions to our local communities.
COMMITMENT TO CRAFT
Hand-pressed juices, hand-cut steaks and seafood, a wood-burning grill, and sourcing the finest ingredients all come together for a truly great dining experience.
COMMITMENT TO QUALITY
Our new American-made-from-scratch menu is inspired by Southwest cuisine featuring USDA Angus choice steaks, American Wagyu burgers, sustainable seafood selections, and signature house specialties. Our Culinary department and in-house Registered Dietitian are driven to provide the finest quality food offerings that appeal to a broad range of tastes while also catering to any dietary restrictions.
COMMUNITY FOCUSED
"Community and Charity" is a core cultural principle at Sedona Taphouse. We’re proud to be an active part of our local communities because it is the right thing to do. This is why we have donated over one million dollars in support of local charities and causes in our communities and continue this support every single day. We believe in giving back to the communities that support our business. Our goal is to be a valued part of our community and to give back in tangible ways.
Two examples of our ongoing efforts:
- Our weekly Dine Out for Charity program benefits selected local charities each month. With every purchase of a meal on the Dine Out menu, a portion of the proceeds will benefit the highlighted charity.
- Our T2T Lemon Basil Martini benefits Tunnel to Towers Foundation each time one is purchased.
Franchise Unit Trends and Revenue
16
-
$3,689,342
* in 2022
Franchise Fees
$35,000
4.5%
Gross Sales
1.5%
Gross Sales
Why Choose Sedona Taphouse?
Sedona Taphouse is proud to have been named to the prestigious Inc. 5000 fastest-growing private companies in the U.S. 4 years in a row (2019-2022). We’ve opened 16 locations and are committed to the success of each and every one of them. This award is a direct reflection of our ongoing commitments to our franchisees.
Just like our food and drink menu, our franchise system is handcrafted for your success. With site selection and lease negotiation assistance at the beginning, and strong ongoing support from our operations and in-house marketing team as your location flourishes. We allow you to work quickly towards profitability in your community. As of November 2022, our average annual unit volume stands north of $3.88MM for units open at least one year and we want to find our next successful franchise so we can continue to serve communities across the U.S.
And, when Sedona Taphouse opens in a new market, the community benefits! Sedona Taphouse has donated over $1 million to local charities through our "Dine Out for Charity" program. "Dine Out for Charity" takes place every Monday at each Sedona Taphouse location, where dine-in patrons can purchase a Black Angus Flat Iron Steak at half-off, with a percentage of proceeds donated to each location's featured charity.
Starting Costs and Investment Requirements
$1,600,000 - $2,600,000
$1,000,000
$500,000
Training and Support
We provide assistance throughout the opening process including site selection and lease negotiation. Then, our strong ongoing support and in-house marketing team allow you to work quickly towards profitability in your community. Plus, of course, the awesome benefit of being a part of one of the fastest-growing private companies in the U.S.!
History
2010 - Sedona Taphouse started with a love of craft food and the Southwest. Founder and CEO Dennis Barbaro, a veteran restaurateur had the idea for a craft beer-centric restaurant. The first Sedona Taphouse opened in Midlothian, VA, serving craft beer from 50 taps and hundreds of bottles, paired with small, tapas-style offerings.
2012 - Sedona Taphouse develops the Steak Out for Charity initiative and expands the menu to include a premium wine list, hand-crafted cocktails, and full-sized entrees, the inception of a program that donated a million dollars to local nonprofits.
2013 - After much success with the first location, Sedona Taphouse opens a 2nd location in Charlottesville, VA.
2015 - Sedona Taphouse opens the first out-of-state location in Norwalk, CT, and a 3rd VA location in Fredericksburg.
2016-2018 - Sedona Taphouse opens new franchises in Mamaroneck, NY, Troy, MI, Cliffside Park, NJ, Nashville, TN, Lexington, KY, and the 5th VA location in Colonial Heights.
2019 - After rebranding the Steak Out for Charity to Dine Out for Charity, Sedona Taphouse has donated over half a million dollars to local charities. This is also the first of 4 consecutive years (through 2022) being named to the Inc 5000 list of America’s fastest-growing private companies.
2020 - Despite an unprecedented year, Sedona Taphouse’s growth continues, opening a 6th VA location and a 2nd Kentucky location.
Ideal Candidate
To be considered as a possible franchisee an applicant should have the following:
- At least 2 years of full service, high volume restaurant experience at the GM level or higher or a qualified person at that level of experience who will oversee the operation.
- Net worth of $1 million minimum with at least $500k available for investment which can be sourced using outside investors (single unit license)
- Good credit record (for those that may be applying for an SBA loan)
- If you are experienced in high-volume restaurants, then let’s talk about how we can grow the Sedona Taphouse brand across the county together. We are looking for franchise partners who embody our beliefs and can propel our culture and brand.
