WineStyles Tasting Station Franchise
Wine store
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
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How much does it cost to open a WineStyles Tasting Station Franchise ?
The investment required to open a WineStyles Tasting Station Franchise is between $229,000 - $380,000 . There is an initial franchise fee of $25,000 which grants you the license to run a business under the WineStyles Tasting Station name.
Individual Franchise Costs
- Initial Investment:
$229,000 - - Initial Franchise Fee:
$25,000 - Royalty Fee:
6%
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Training
WineStyles Tasting Station's in-depth training program provides a strong foundation for its franchisees to ensure success and future development. Franchisees receive comprehensive training in all aspects of owning and operating the business, including a week of on-site training at the WineStyles Tasting Station flagship store in West Des Moines, Iowa. Additionally, franchisees will benefit from a management-training program and extensive creative marketing strategies to increase their bottom line.
WINE PROGRAM:
* Introduction to Wine Industry
* Wine Education
* Access to exclusive brands
* Introduction to suppliers / distributors
* Wine Club program management
* Access to featured wineries
Support
* Real estate site selection support
* In-house marketing, advertising, PR and social media experts
* Online asset management tools and access to customizable, system-wide marketing materials
* Field support team assigned to each franchisee to assist with business start-up and growth
* Corporate and on-site training programs designed to implement a standardized operating system
* Customized management software and financial administration tools
WineStyles Tasting Station Growth History
When did the first WineStyles Tasting Station open? 2002When did WineStyles Tasting Station start Franchising ? 2002
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 15 | 0 | 0 | 0 |
| 2004 | 23 | 0 | 0 | 0 |
| 2003 | 2 | 0 | 0 | 0 |
| 2002 | 0 | 0 | 0 | 1 |
| 2001 | N/A | N/A | N/A | N/A |
Arizona, Florida, Illinois, Iowa, Texas
How much money you could make as a WineStyles Tasting Station Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a WineStyles Tasting Station Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for WineStyles Tasting Station and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an WineStyles Tasting Station franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.