The BARS Program
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The BARS Program - overview
Established
1997
Location
Englewood, CO, US
Primary Industry
Education/Training
About
The BARS Program, based in the US, specializes in providing compliance solutions for retailers of age-sensitive products, ensuring adherence to legal standards through innovative monitoring tools like the Green and Red Card System. Founded in 1997 and headquartered in Englewood, US, The BARS Program focuses on compliance management for retailers. The company has strategically evolved its offerings to enhance regulatory adherence in age-restricted product sales. The founder has a history in launching compliance solutions, leveraging past experiences to build this venture.
The company has successfully secured investment through a recapitalization deal, which was finalized on June 25, 2025, with Sound Growth Partners, although specific financial terms were not disclosed. The BARS Program has completed one notable deal to date. The BARS Program offers compliance solutions specifically designed for retailers selling age-sensitive products, such as convenience stores, restaurants, bars, and grocery stores. Their core offering is the trademarked Green and Red Card System, which serves as a self-regulating tool for monitoring the sale of alcohol and tobacco.
This system empowers retail staff to adhere to age-restriction laws by providing clear visual indicators of compliance status. The BARS Program aims to mitigate the risks associated with failing compliance checks, which can result in severe reputational damage and financial implications for businesses. Their client base includes a diverse range of establishments across the United States and Canada, focusing on urban and suburban markets where the sale of age-restricted products is prevalent. The BARS Program generates revenue primarily through subscription-based models for their compliance solutions, which are offered to retailers in the food and beverage sector.
Clients engage in a direct-to-business relationship, where they pay for access to the Green and Red Card System and additional compliance resources. Revenue transactions are structured as annual or monthly subscriptions, depending on the size and needs of the client. The flagship Green and Red Card System represents a significant portion of their offerings, with pricing tailored to the scale of the retailer's operations. By implementing this proactive compliance program, retailers aim to avoid costly legal fees and the potential loss of licenses, ensuring sustained revenue generation through continued customer loyalty.
Following the investment from Sound Growth Partners in June 2025, The BARS Program plans to utilize the capital for expanding into new markets, enhancing technology, and innovating services. Specific target markets for expansion have not been disclosed, but the company aims to broaden its footprint across North America, leveraging its compliance solutions to drive growth. Additionally, the firm is focused on developing upcoming products that will enhance their current offerings.
Current Investors
Sound Growth Partners
Primary Industry
Education/Training
Sub Industries
Education & Training Services
Website
www.barsprogram.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
The BARS Program - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | The BARS Program | - |
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