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Below is an in-depth analysis and side-by-side comparison of Poolwerx vs Pinot's Palette including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $93,000 - $309,500 | $96,800 - $246,700 |
Franchise Fee | $35,000 | $22,500 - $27,500 |
Royalty Fee | 7% | 6% |
Advertising Fee | 3% | 2% |
Year Founded | 1992 | 2009 |
Year Franchised | 1992 | 2010 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | 50% of franchise fee |
Business Experience Requirements |
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Experience | - | "We like people that are outgoing, bubbly. Our big thing is characters with character." - Haley Connor, consumer marketing *Has a passion for wine and entertaining people *Likes to network and is a mover and shaker in the community *No art experience required |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | Yes/No |
Start-up Costs | -/Yes | No/Yes |
Equipment | -/Yes | No/Yes |
Inventory | -/Yes | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/Yes | No/Yes |
Training & Support |
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Training | On-The-Job Training: 30 hours Classroom Training: 90 hours | On-The-Job Training: 71-81 hours Classroom Training: 68-113 hours Additional training as needed |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | *Brand strategy definitions and Operations *Site selection*Lease negotiation *Target customer profiles *Media buying theory, industry definitions *Pinot's Palette PR Toolkit *Grand opening media relations support *National partnerships with respected brands in your area *Social media and email marketing content and strategy *Designed creative for media placements at your fingertips *Build-out drawings, opening roadmap, benchmarking reports *P&L reports, payroll reports, calendar planning reports *Artist training, bar training, preferred pricing for supplies *Strategy Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 6 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | Yes |