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Below is an in-depth analysis and side-by-side comparison of 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 | $96,800 - $246,700 | |
Franchise Fee | $22,500 - $27,500 | |
Royalty Fee | 6% | |
Advertising Fee | 2% | |
Year Founded | 2009 | |
Year Franchised | 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 |
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Financing Options |
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In-House/3rd Party | ||
Franchise Fees | Yes/No | |
Start-up Costs | No/Yes | |
Equipment | No/Yes | |
Inventory | No/Yes | |
Receivables | No/Yes | |
Payroll | No/Yes | |
Training & Support |
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Training | On-The-Job Training: 71-81 hours Classroom Training: 68-113 hours Additional training as needed | |
Support | *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 |
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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 | |
Canada Expansion | Yes | |
International Expansion | Yes |