Oil & Vinegar

Specialty food store
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$239K - $435K
Units as of 2014
92

Company Overview

About Oil & Vinegar

Industry
Food
Founded
1999
Leadership
Debbie Gokhan,

Franchising Overview

Franchising Since
1999 (23 years)
# of employees at HQ
3
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following US states:

# of Units
92 (as of 2014)

Franchisor Information

Social
Facebook
Corporate Address
2630 77th Ave. S.E., #314
Mercer Island, WA 98040

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Oil & Vinegar 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
$25,000
Initial Investment
$239,000 - $435,000
Net Worth Requirement
$400,000
Cash Requirement
$80,000
Royalty Fee
5%
Term of Agreement
5 years
Is franchise term renewable?
Yes
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Financing Options

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

In-House Financing
Oil & Vinegar offers in-house financing to cover the following: inventory
Third Party Financing
Oil & Vinegar has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

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
2 weeks
Classroom Training
1 week
Additional Training
At existing store
Ongoing Support
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Marketing Support
Regional Advertising
Marketing Planning & Support

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
4
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021