Oil & Vinegar

At a Glance

Products & Services: Specialty food store

Number of Locations: 92

Total Investment: $239K - $435K

Founded: 1999

Began Franchising: 1999

Franchise Units

Year U.S. Canadian International Company Owned
2014 17 3 52 20
2013 16 1 68 7
2012 13 0 54 7
2011 9 0 50 5
2010 6 0 48 5
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $239,000 - $435,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $80,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 2 weeks. At existing store : 1 week.
Ongoing Support: Meetings, Grand opening, Internet, Field operations/evaluations, Lease Negotiation
Marketing Support: Regional advertising,
Other marketing support: Website, e-mail

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