Borvin Beverage Franchise Corp.
Wine wholesale distributionBackground
Founded: 1985 Franchising since: 1992
Wine importer and wholesaler Borvin Wines International was founded in Delaware in 1985. The company began selling wine in Virginia and Washington, DC, in 1987. In 1993, Borvin Beverage Franchise Corporation was created by Donald L. Mikovch to offer beverage wholesale and distribution opportunities throughout the United States.
Franchisor has 4 employee(s); 1 employee(s) in franchise department.
Franchise Growth
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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: Depends on number of potential retail licensees
Wine importer and wholesaler Borvin Wines International was founded in Delaware in 1985. The company began selling wine in Virginia and Washington, DC, in 1987. In 1993, Borvin Beverage Franchise Corporation was created by Donald L. Mikovch to offer beverage wholesale and distribution opportunities throughout the United States.
|
1022 King St. Alexandria, Virginia 22314 |
Phone: (703)683-9463 |
Franchisor has 4 employee(s); 1 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2007 | 0 | 0 | 0 | 1 |
| 2006 | 0 | 0 | 0 | 1 |
| 2005 | 1 | 0 | 0 | 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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: Depends on number of potential retail licensees
Costs and Fees
|
Total investment: $71K-76K Franchise fee: $10K+ |
Ongoing royalty fee: 5% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $250K
Business Experience:
- General business experience
- Marketing skills
- Outside sales experience
Operations
- Number of employees needed to run franchised unit: 3
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
Other marketing support
- Available at headquarters: 10 days
Ongoing Support
- Meetings
- Internet
- Field operations/evaluations
Marketing Support
- Co-op advertising
Other marketing support
- Promotional materials