Franchise Overview

 

Initial Franchise Fee
$5 per potential retail licensee (minimum of 2,000 licensees within territory)

Royalty Fee
5%

Advertising and Promotion Fund
2%

Available Financing
67% of the initial franchise fee

Franchise Start-up Investment
$75,000 - $125,000

This includes the $25,000 for the start-up wine inventory purchase. The investor should have an additional capitalization of 1 to 3 years, in addition to the Franchise Start-up Investment, to sustain the business during its development phase. We have found this usually requires liquid assets of $250,000.

Exclusive Territory
The Exclusive Territory shall be a geographic area containing a minimum of 2,000 potential retail licensees. Generally, excusive territories will be outlined according to state and county lines.

Exclusive Wines
Franchisees will be provided a full line of exclusive wines from the BBFC portfolio.

Initial Franchise Term
10 years.

Renewal Term
10 years. However, the franchisee must sign and abide by the most current version of the Franchise Agreement.

Renewal Term Fee
10% of the initial franchise fee.

Training
Franchisees will be provided with 10 days of training at BBFC's headquarters, located in Alexandria, VA. The franchisee may elect to use the training days at their discretion, which includes:

• In-depth wine knowledge
• In-depth wine sales training
• Detailed training on wine wholesale operations and distribution
• Administrative and operating procedures

Franchisees will also be provided with a detailed operations manual for use during their franchise term.

 

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© 2007 Borvin Beverage Franchise Corporation
1022 King Street
Alexandria, VA 22314
Phone: (703) 683-9463 | Fax: (703) 836-6654 | Email: info@borvinbeverage.com