Waters Edge Wineries
Micro-wineries- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$555K - $1.2M
- Units as of 2021
-
11 22.2% over 3 years
Here’s what you need to know if you’re interested in opening a Waters Edge Wineries franchise.
Waters Edge Wineries uses its creative ability to make dozens of different kinds of wine by combining traditional winemaking techniques with the modern wine bar ideas. This may create a varied selection of wines, offering customers an opportunity to taste a historically unique lifestyle.
Waters Edge Wineries was founded in 2004 by Ken Lineberger. After gaining experience and understanding the market demands, Waters Edge Wineries started franchising in 2012. Since then, Waters Edge Wineries has opened multiple franchise units across select states in the United States.
Why You May Want to Start a Waters Edge Wineries Franchise
Waters Edge Wineries seeks to bring a fun winery experience to various communities nationwide while presenting a ground-breaking, versatile model that has led to the brand’s success.
To open a Waters Edge Wineries franchise, potential franchisees should love wine. However, you do not need prior experience because the brand offers a comprehensive training program on the micro-winery tank system. Franchisees may also need to have excellent sales and marketing skills, good managerial skills, and goal-oriented ideas.
Opening a Waters Edge Wineries franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
What Might Make a Waters Edge Wineries Franchise a Good Choice?
Waters Edge Wineries franchises are fully operational and provided with exclusive winery systems that may distinguish it from the rest in the market. Waters Edge Wineries believes that wine is meant to go with food that partners best with Boar's Head brands to provide a light menu consisting of tapas, flatbread pizzas, delicious desserts, and much more.
To be part of the Waters Edge Wineries 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. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Waters Edge Wineries Franchise
If awarded a franchise, franchisees may receive support from the Waters Edge Wineries brand throughout the franchising process. In addition to pre-opening training, franchisees could receive support through brand awareness, marketing, research, and construction. They also may receive hands-on training and continued support after their franchise location has opened.
Before making any financial commitment or signing an agreement with the Waters Edge Wineries team, you must perform your due diligence and establish if this is the right opportunity for you. You may want to speak to existing franchisees and ask the Waters Edge Wineries franchising team questions as part of your due diligence.
Additionally, take time to explore the opportunity. Research the brand and your local area to see if this franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Waters Edge Wineries franchise.
Company Overview
About Waters Edge Wineries
- Industry
- Food
- Related Categories
- Miscellaneous Food/Beverage Businesses
- Founded
- 2004
- Leadership
- Ken Lineberger, President
Franchising Overview
- Franchising Since
- 2012 (10 years)
- # of employees at HQ
- 7
- Where seeking
-
This company is seeking new franchisees in the following US states: California, Illinois, Kentucky, Montana, Ohio, Oklahoma, Texas
- # of Units
- 11 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Waters Edge Wineries 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
- $50,000
- Initial Investment
- $554,974 - $1,220,060
- Net Worth Requirement
- $200,000
- Cash Requirement
- $150,000
- Royalty Fee
- 5%
- Ad Royalty Fee
- to 2%
- Term of Agreement
- 10 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
- Waters Edge Wineries has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, 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
- 30 hours
- Classroom Training
- 10 hours
- Additional Training
- Via Webinar
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 3-5
- Are exclusive territories available?
- Yes
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