Start a Elite Bartending Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $40K - $56K

Units as of 2020: 6 100.0% over 3 years

Elite Bartending operates to meet the demand for highly-trained, professional bartenders. Elite Bartending began operations in Florida, in 2008 and has offered franchises since 2016.

The franchise operation is seeking to steadily expand, and Elite Bartending is always looking for franchisees who will further the business. Additionally, Elite Bartending trains bar staff and runs a job placement program for its graduates. The Florida Department of Education fully regulates Elite Bartending.

Since beginning to franchise, Elite Bartending has opened multiple locations throughout the United States.

Why You May Want To Start an Elite Bartending Franchise

People have often viewed bartending as a job that someone does until something different comes along. However, Elite Bartending recognizes a demand for highly-trained bar staff who know their trade inside out.

Elite Bartending offers intensive training in bartending and mixology. Upon graduation, the brand places its graduates in good positions throughout Florida and beyond. A bar owner, event organizer, or hotel manager may know that a graduate from the Elite Bartending will be a top-notch bartender.

What Might Make an Elite Bartending Franchise a Good Choice?

If you are running an Elite Bartending franchise, you should have qualities that make for a good teacher and manager. An Elite Bartending franchisee will need to be a good communicator, friendly, and an exceptional motivator. No specific qualifications or previous education is needed to start an Elite Bartending.

A franchisee with Elite Bartending will oversee the operation of their location and ensure that it is meeting the high standards that Elite Bartending demands of its franchisees. Elite Bartending believes it has an established reputation for the quality of its training. The franchisee is expected to be an ambassador who shares Elite Bartending’s philosophy.

To be part of the Elite Bartending team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees.

How To Open an Elite Bartending Franchise

As you decide if opening an Elite Bartending franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Elite Bartending franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement with Elite Bartending, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Elite Bartending franchising team any questions that you might have.

Elite Bartending believes it prepares its franchisees thoroughly with a fully comprehensive training program. The program covers every aspect of the business and swings into operation the moment you sign your agreement. Once your Elite Bartending is up and running, the Elite Bartending corporate staff will give you all the support that you might need.

Company Overview

About Elite Bartending

Industry	Services (Other)
Related Categories	Miscellaneous Services, Staffing/Recruiting, Party/Event Services
Founded	2008
Leadership	Austin Gagnon, CEO
Corporate Address	P.O. Box 420461 Summerland Key, FL 33042
Social	Facebook, Twitter, Instagram

Business Overview

Franchising Since	2016 (8 years)
# of employees at HQ	10
# of Units	6 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Elite Bartending franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$24,900
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$39,600 - $56,400
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	8%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1.5%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	5 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Elite Bartending has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	92 hours
Classroom Training	69 hours
Ongoing Support	Grand Opening Site Selection
Marketing Support	Social Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes