WineStyles Inc.
At a Glance
Products & Services: Wine store
Number of Locations: 71
Total Investment: $229K - 380.5K
Founded: 2002
Began Franchising: 2002
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 71 | 0 | 0 | 0 |
| 2010 | 103 | 0 | 0 | 0 |
| 2009 | 121 | 0 | 4 | 0 |
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Startup Costs, Ongoing Fees and Financing
Total Investment: $229,000 - $380,500
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: Term of agreement not renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: Term of agreement not renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $200,000
Operations
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days. At franchisee's location: 3 days.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,
Franchise Ranking History
Franchise 500®: #446 (2010),
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