Borvin Beverage vs We Olive & Wine Bar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Borvin Beverage vs We Olive & Wine Bar including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Borvin Beverage Franchise
We Olive & Wine Bar Franchise
Investment $50,000 - $125,000$285,000 - $421,500
Franchise Fee $25,000 - $75,000$30,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 1985-
Year Franchised 1992-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2K-


Business Experience Requirements
 
Borvin Beverage Franchise
We Olive & Wine Bar Franchise
Experience
  • General business experience
  • Marketing skills
  • Outside sales experience
    		• -

    Financing Options
     
    Borvin Beverage Franchise
    We Olive & Wine Bar Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Borvin Beverage Franchise
    We Olive & Wine Bar Franchise
    Training -

    Franchisees learn how to manage all aspects of the store, including processes for store opening and ongoing sales growth.

    We Olive provides a comprehensive training program for two people in beautiful Paso Robles, California without charge. This in-store and classroom program covers the facets of the day-to-day operation of your We Olive store. In addition, the We Olive orientation will explain in detail how you can leverage the corporate support in areas such as marketing, customer service, hiring, sampling, product knowledge, IT and ordering procedures. After the initial training, We Olive provides scheduled trainings for two more people without charge.
    Support Meetings, Internet, Field operations/evaluations

    Franchisees receive a solid structure needed to build a successful, sustainable business.

    From hiring and customer service training to store layout, merchandizing and inventory control, the We Olive operational team provides support for ongoing success. *Guidance on operating processes *Assistance with purchasing of approved equipment, inventory, signs, supplies *Development of local advertising and promotions; *Administration, accounting and inventory control; *Employee and management training programs as needed. Additionally, We Olive is in the process of establishing an Advisory Council of Franchisees to continually advise on system best practices, marketing and service enhancements.

    Marketing Co-op advertising

    With an established identity, advertising, public relations and interactive expertise, the We Olive marketing team has generated awareness and traffic for each franchisee and cultivated a loyal base of repeat customers.
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Borvin Beverage Franchise
    We Olive & Wine Bar Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Borvin Beverage

    Borvin Beverage Franchise Corporation (BBFC) was formed by Don Mikovch in 1992. Prior to forming BBFC, Don Mikovch served as CEO of several international high technology and broadcasting companies, where he received numerous awards and recognitions for his business achievements. In 1985 and after extensive worldwide travel, Don created Borvin Beverage (formerly Borvin Wines International), a wine importer and wholesale distributor located in Alexandria, Virginia.
    Borvin Beverage operated successfully which gave Don the additional knowledge, experience and incentive to franchise this business.

    About We Olive & Wine Bar

    A Fun, Healthy, and Delicious Franchise Experience Developing and managing your own We Olive store involves much more than selling high quality olive oil products and exceptional wines. It is about engaging people through an authentic culinary experience in which they want to actively participate. Store ownership celebrates the healthy culinary traditions that have been associated with olive oil and wine for thousands of years. The We Olive brand, through its comprehensive franchising system, supports the personal and financial growth of franchisees who love food and wine, enjoy educating and entertaining customers and want to sustain a healthy, exhilarating business. The We Olive brand is recognized by the media, olive growers, the travel industry, and the culinary community for delivering an authentic, multi-sensory experience. Franchisees will benefit from: Brand recognition - We Olive is recognized as a leading source for California Extra Virgin Olive Oil and gourmet products that enhance the culinary experience of olive oil. The We Olive brand stands for fun, healthy, delicious artisan products enjoyed in a stylish, interactive tasting room atmosphere. Innovation - We Olive continues to create new and exciting ways to share the "Olive Oil Experience". We broaden our market of loyal consumers and increase revenue streams with new wine bar tasting rooms, prepared foods, events and gift collections enjoyed by our retail and businesses customers. Vendors - We source and contract with only the finest quality suppliers, including California Extra Virgin Olive Oil growers certified by the California Olive Oil Council. Since all hand crafted food products are available for tasting at We Olive stores, we source and deliver only the finest, highest quality gourmet foods, wines and gifts at the right prices. Do you want to share your passion for delicious, healthy gourmet foods with the support of a proven franchise team behind you? Contact us at http://www.weolive.com/franchise/request_information.html