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Entrepreneur: Start & Grow Your Business

Bevinco Bar Systems Ltd.

Liquor inventory-control services

Background

Founded: 1987 Franchising since: 1990
510-505 Consumers Rd.
Toronto, Ontario M2J 4V8
Phone:
(888)238-4626/ (416)490-6266

Franchisee Association
Advisory Council

Franchisor is a privately-held company with 14 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 229 28 51 10
2008 247 29 47 6
2007 256 29 47 6
2006 220 31 44 1
2005 208 31 40 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Determined by ZIP code

Costs and Fees

Total investment: $47K-50.5K
Franchise fee: $39.9K
Ongoing royalty fee: $15/audit
Term of agreement: 20 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs Yes No
Equipment Yes No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $30K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills
  • Sales experience

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)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#264 (2009); #418 (2008); #217 (2006);

Low-Cost Franchises:
#56 (2009); #51 (2006);

Top Home Based Franchises:
#69 (2009); #58 (2006);

America's Top Global Franchises:
#131 (2008); #134 (2006);