Ultimate Sports Bar and Grill
Franchising since 2023 · 1 locations
The total investment to open a Ultimate Sports Bar and Grill franchise ranges from $135,700 - $232,000. The initial franchise fee is $40,000. Ultimate Sports Bar and Grill currently operates 1 locations. Data sourced from the 2024 Franchise Disclosure Document.
$135,700 - $232,000
$40,000
1
FPI Score
This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.
Top SBA Lenders for Ultimate Sports Bar and Grill
What is the Ultimate Sports Bar and Grill franchise?
The question every serious franchise investor asks before committing six or seven figures is deceptively simple: is this brand building something real, or am I buying into a story? The Ultimate Sports Bar And Grill franchise presents a genuinely unusual case study in the franchise industry — a single-location concept with 37 years of proven local dominance that only converted to a franchise system in 2023, backed by a founder who rebuilt his business from literal ashes and emerged with a nearly fivefold revenue increase. The origin story begins in 1986 in Waite Park, Minnesota, when 24-year-old Tom Frericks opened the original Ultimate Sports Bar And Grill, establishing what would become a fixture in the St. Cloud area market for nearly four decades. On April 6, 2020, a fire completely destroyed the original building — a catastrophic event that would have ended most small hospitality businesses permanently. Instead, Frericks invested an estimated $2 million to rebuild from the ground up, reopened on May 1, 2021, and emerged with a 6,486-square-foot single-story facility featuring 75 mounted televisions (up from 42), a new kitchen, an ax-throwing pit, an expanded deck, raised ceilings, and approximately 2,700 additional square feet of bar and patio space. The transformation was so successful that annual revenue projections climbed from approximately $1.2 million pre-fire to nearly $6 million post-rebuild — a 400% increase — while payroll scaled from $200,000 to $1.6 million and total staff expanded from 23 part-time employees to between 90 and 115 workers, including 10 full-time positions. Frericks was named the 2022 St. Cloud Area Small Business Owner of the Year, a recognition that validated the operational playbook now being packaged for franchising. The franchise system currently has 1 total U.S. location, with its corporate headquarters in Waite Park, Minnesota, making this one of the earliest-stage franchise opportunities available in the sports bar category today. The Ultimate Sports Bar And Grill franchise opportunity sits at a unique intersection: a category with massive macroeconomic tailwinds, a founder with a battle-tested operating model, and a franchise system young enough that early adopters can still secure prime territories in an underpenetrated market.
The sports bar industry is experiencing one of the most compelling structural growth stories in the entire food-and-beverage franchise landscape. The global sports bar franchise market reached an estimated USD $25.4 billion in 2024 and is projected to expand at a compound annual growth rate of 8.1% from 2025 through 2033, reaching USD $49.6 billion by the end of that forecast period. North America holds the largest regional share of this market in 2024 and is expected to sustain a 7.2% CAGR through 2033, making it the most investable geography for sports bar franchise operators by a significant margin. Europe represents a USD $5.8 billion sub-market growing at 8.5% annually, while the Asia Pacific region — at USD $3.6 billion — is emerging as a secondary growth engine. Within the United States specifically, the sports pub industry was valued at $25.8 billion and projected to grow at a 15.7% rate in 2021 alone, reaching $29.9 billion in 2022, and prior to the pandemic had sustained a steady 5.21% average CAGR from 2015 through 2019 before the 2020 decline of 26.6% compressed the market temporarily to $22.3 billion. The recovery has been sharp and durable: growth through 2029 is projected at a CAGR of 6.1%, underscoring the category's resilience and consumer demand fundamentals. Critically, the consumer behavioral data that supports this market is unusually strong — 66% of the adult population consumes live sports outside their homes at food service establishments, and 68% of sports viewers actively prefer watching with others in a social setting, creating a structural demand floor that streaming and home entertainment cannot easily displace. The integration of advanced audiovisual technologies including high-definition screens and surround sound systems has raised the entertainment bar for sports venues, while the trend toward experiential dining — where food, entertainment, and communal atmosphere converge — continues to attract a broader demographic than traditional bar customers. The broader bar industry independently carries a $25 billion market size projected to grow for at least five years, and full-service restaurants as a category are expected to overtake quick service and fast casual concepts in growth rate by 2026, adding a second layer of macroeconomic support for the Ultimate Sports Bar And Grill franchise model.
The Ultimate Sports Bar And Grill franchise investment begins with a flat franchise fee of $40,000, which positions this opportunity at the accessible end of the sports bar and full-service restaurant franchise fee spectrum. The total estimated initial investment range disclosed in the Franchise Disclosure Document's Item 7 spans from $370,000 to $838,500, reflecting the variability that naturally accompanies a food-and-beverage concept that requires significant build-out, commercial kitchen equipment, audiovisual infrastructure, and furniture. A secondary investment figure of $135,700 to $232,000 has also been cited in connection with the opportunity, and prospective franchisees should engage directly with the franchisor to understand precisely which components and scenarios each investment tier represents — whether this distinction relates to conversion of an existing space versus ground-up construction, leasehold improvements, or different market configurations. The minimum cash required to enter the system is stated at $30,000, making this one of the lower liquidity thresholds among full-service restaurant franchises, though investors should approach that figure as a floor rather than a ceiling given the capital-intensive nature of bar and grill operations. The $40,000 franchise fee for a sports bar concept compares favorably when benchmarked against the broader franchise market, where the general franchise market is valued to increase by USD $565.5 billion at a CAGR of 10% from 2025 to 2030, intensifying competition for quality franchise inventory and placing a premium on early-mover positioning within emerging systems. Ongoing royalty rate and advertising fund contribution details were not disclosed in available public documentation at the time of this analysis, and prospective franchisees should request the complete FDD to review all ongoing fee obligations in full before making any investment decision. The total cost of ownership picture — including build-out, equipment, franchise fee, and working capital — lands this concept in the mid-tier investment category, below premium full-service dining franchises that routinely require $1 million or more in total capital but above entry-level service franchise concepts.
Daily operations at an Ultimate Sports Bar And Grill franchise center on the high-velocity, event-driven hospitality model that Tom Frericks refined over nearly four decades in Waite Park. The rebuilt flagship location's staffing model — running 90 employees during winter months and scaling to 115 during summer, including 10 full-time positions — provides a realistic benchmark for the labor intensity of the concept, which is typical of full-service sports bar operations where weekend and evening surges around live sports events drive disproportionate revenue concentration. The physical footprint of the flagship at 6,486 square feet, featuring 75 mounted televisions, an ax-throwing pit, a commercial kitchen, an expanded patio, and raised ceilings, establishes a clear design language for the franchise system and suggests that franchisees should anticipate securing similarly sized spaces to replicate the full entertainment and dining experience. Operational complexity in a concept of this type is meaningfully higher than quick-service or fast-casual franchises, requiring franchisees to manage simultaneous bar, kitchen, and entertainment programming — the ax-throwing pit alone represents a non-standard operational element that demands safety protocols, equipment maintenance, and scheduling coordination. The franchise was founded and began offering opportunities in 2023, and while specific details about the training program's duration and structure were not confirmed in publicly available sources at the time of this analysis, the general model for sports bar franchises involves initial training covering bar operations, kitchen management, staffing protocols, and event programming, typically followed by ongoing support that includes field consultant visits, marketing assistance, and operational guidance. Territory structure and exclusivity arrangements should be reviewed carefully in the FDD, as the brand currently operates from a single corporate location, meaning franchisees will be among the system's earliest operators and will have significant influence over establishing local market standards. The owner-operator model is likely preferred given the operational complexity of the concept, though the system's young age means these structural expectations are still being codified as the franchise grows.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for the Ultimate Sports Bar And Grill franchise, which means prospective investors do not have access to audited or reported average revenue, median revenue, or profit margin data from across the franchise system. This is a meaningful consideration in the due diligence process, as the absence of Item 19 disclosure eliminates a key data point that sophisticated franchise investors use to model unit economics and payback periods. It is worth noting, however, that franchisors are not legally required to make financial performance representations, and many early-stage franchise systems with fewer than five operating units choose not to disclose Item 19 data precisely because the sample size is too small to be statistically meaningful or representative. What public data does exist comes from the original Waite Park flagship, and those figures are instructive even without being contractual representations. The flagship's revenue trajectory — from $1.2 million in pre-fire projections to nearly $6 million post-rebuild — represents a 400% revenue expansion driven by a larger footprint, an expanded entertainment offering, and a significantly scaled menu and bar program. Payroll at the flagship grew from $200,000 to $1.6 million, an 8x increase that reflects both the staffing depth required for a high-volume sports bar and the reinvestment capacity of a $6 million revenue operation. For context, a $6 million annual revenue figure in the sports bar category represents strong performance: the broader U.S. sports pub industry averages suggest that well-positioned full-service sports bars in mid-sized markets can generate between $1.5 million and $5 million annually, placing the Waite Park flagship at the upper tier of the competitive set. Investors should not extrapolate these figures as guaranteed franchise performance outcomes, but they do establish that the operating model, when executed at the scale Tom Frericks has achieved, can generate substantial revenues in a non-major-metro market like the St. Cloud, Minnesota area.
The Ultimate Sports Bar And Grill franchise system was founded and launched its franchise offering in 2023, making it one of the newest entrants in the sports bar franchise category. With 1 total U.S. location currently operating under the franchise umbrella, the growth trajectory from this point forward will be the defining story of the brand's next chapter — and early franchisees will be instrumental in writing it. The April 2023 parking lot expansion at the Waite Park flagship, adding 45 additional spaces to address on-street parking demand, reflects a proactive approach to capacity planning and suggests the flagship is operating at or near full utilization, a positive signal for the underlying economics of the concept. The competitive moat for Ultimate Sports Bar And Grill franchise is built on several distinct elements: 37 years of brand-building in a specific community, a post-rebuild facility that combines high-density audiovisual technology (75 mounted TVs), experiential entertainment (ax-throwing), and full-service dining in a single venue, and a founder with a documented track record of navigating existential adversity and emerging stronger. In a sports bar franchise market growing at 8.1% CAGR globally and 6.1% through 2029 in the U.S., brands that can differentiate through entertainment programming — beyond simply broadcasting games — are best positioned to capture the premiumization trend driving consumer spending. The global franchise market's projected $565.5 billion in additional value creation at a 10% CAGR from 2025 to 2030 means franchise systems that establish strong unit economics and brand recognition in this window will command significant valuation premiums in the future, creating resale and multi-unit upside for early franchisees. Tom Frericks's 2022 recognition as St. Cloud Area Small Business Owner of the Year provides a reputational foundation that differentiates this system from generic bar concepts without a defined operator identity behind the brand.
The ideal candidate for the Ultimate Sports Bar And Grill franchise opportunity is an owner-operator with genuine passion for sports culture, hospitality management experience, and the operational bandwidth to manage a complex, multi-revenue-stream business encompassing food service, full bar operations, and entertainment programming simultaneously. Given the flagship's staffing model of 90 to 115 employees, franchisees should come prepared with experience managing mid-size teams in service-intensive environments, or have access to strong general manager talent from day one of operations. The concept's 6,486-square-foot footprint and multi-element design — including commercial kitchen, full bar, patio, and experiential entertainment areas — requires franchisees to secure appropriately sized real estate in high-traffic markets with strong sports viewership demographics and sufficient parking infrastructure, lessons that the flagship's 2023 parking expansion project illustrates directly. Territories available to early franchisees represent a genuine first-mover advantage: with only 1 location in the system as of the franchise's 2023 launch, geographic white space across the United States is essentially unlimited, and investors who enter the system early have the opportunity to establish dominant positions in their markets before the brand scales. The franchise agreement term length, renewal terms, and transfer provisions should be reviewed carefully in the FDD, as these define the long-term value of the franchise asset and the conditions under which franchisees can exit or expand. Markets with strong regional sports affiliations, college towns, suburban areas near major metro centers, and mid-sized cities with active social dining cultures represent the most analogous geographies to the Waite Park, Minnesota market where the concept has demonstrated its performance.
The investment thesis for the Ultimate Sports Bar And Grill franchise opportunity rests on three converging forces: a sports bar category with USD $25.4 billion in global market size growing at 8.1% annually toward USD $49.6 billion by 2033, a founder-operated model with a documented $6 million annual revenue performance at the flagship after a $2 million rebuild, and a franchise system young enough that early investors can secure prime territories in a market with virtually no internal competition yet. The absence of Item 19 financial performance data and the system's single-unit status as of 2023 are legitimate due diligence considerations that should drive deeper inquiry rather than dismissal — every franchise system with strong eventual performance began at exactly this stage. For investors who conduct thorough underwriting, the combination of a proven local concept, a category with strong secular consumer demand (66% of adults watching live sports outside the home, 68% preferring communal viewing), and an accessible $40,000 franchise fee entry point creates a compelling risk-reward profile worthy of serious investigation. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark the Ultimate Sports Bar And Grill franchise cost, investment structure, and operational model against other concepts in the sports bar and full-service restaurant category. Whether you are evaluating this as your first franchise investment or adding it to a multi-unit portfolio, independent data is the only reliable foundation for a decision of this magnitude. Explore the complete Ultimate Sports Bar And Grill franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Ultimate Sports Bar and Grill based on SBA lending data
Investment Tier
Mid-range investment
$135,700 – $232,000 total
Why Ultimate Sports Bar and Grill Doesn't Appear in Public SBA Data
The SBA 7(a) program publishes loan-level data for every approved franchise borrower. Ultimate Sports Bar and Grill does not currently appear in those public records — and that absence carries useful information for prospective franchisees evaluating this brand.
Likely explanations for the absence
- The brand is relatively new (founded 2023, 3 years ago). Newer franchise systems typically take 3–5 years to generate enough SBA 7(a) volume to appear in published data.
- With under 25 units system-wide, transaction volume is small enough that any SBA activity could fall below the reporting visibility threshold in any given fiscal year.
Absence from SBA records does not mean a brand is un-fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self-fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA-guaranteed 7(a) loan. For prospective Ultimate Sports Bar and Grill franchisees, the practical question is which financing path actually closes for this brand's profile.
Capital paths PeerSense places for food, restaurant & retail concepts
SBA 7(a) Loans
Build-out, unit acquisition, and working capital for food and retail franchises.
Learn more
Equipment Financing
Kitchen equipment, POS systems, and capital-intensive build-outs.
Learn more
Franchise Partner Buyout Financing
Senior debt for partner buyouts and multi-unit roll-ups.
Learn more
Commercial Real Estate Loans
Owner-occupied or investor-owned restaurant real estate.
Learn more
Payment Estimator
Estimated Monthly Payment
$1,405
Principal & Interest only
Locations
Ultimate Sports Bar and Grill — unit breakdown
Explore Funding for Ultimate Sports Bar and Grill
Our business financing consultants help connect you with the right lending partners. No retainers — referral fee paid at closing.
Or get an instant analysis
Scan Your Deal Instantly1 FDD Available for Ultimate Sports Bar and Grill
Review franchise fees, investment ranges, royalties, Item 19 financial data, and year-over-year trends. Request complimentary access through your PeerSense funding advisor.