Bevintel LLC

#281

At a Glance

Products & Services: Liquor inventory-control services

Number of Locations: 309

Total Investment: $36.9K - 50.6K

Founded: 1987

Began Franchising: 1990

About Bevintel LLC

Since 1990, Bevinco franchisees have offered liquor inventory management services, using proprietary software to perform audits and then work with bars to make stocktaking easier and reduce waste, spillage and theft. In 2011, Bevinco was acquired by Inteliworx, which owns InteliTap, a company that provides technology and equipment to monitor draft beer quality. The company now franchises under the name Bevintel. Bevintel has been featured in the Spike TV series, Bar Rescue.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	239	28	40	2
2011	208	26	37	0
2010	238	29	49	9
2009	229	28	51	10

Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $36,900 - $50,600
Franchise Fee: $29,900 - $39,900
Ongoing Royalty Fee: $15/audit
Term of Franchise Agreement: 20 years, renewable

Financial Requirements

Net Worth: $50,000
Liquid Cash Available: $30,000

Operations

Franchise can be run from home. 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators).