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Updated RecentlyBorvin Beverage Franchise
Wholesale wine and beverage distribution
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.
operated successfully which gave Don the additional knowledge,
experience and incentive to franchise this business.
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How much does it cost to open a Borvin Beverage Franchise?
The investment required to open a Borvin Beverage Franchise is between $50,000-$125,000. There is an initial franchise fee of $25,000-$75,000 which grants you the license to run a business under the Borvin Beverage name.
Individual Unit Costs
- Initial Investment:
$50,000-$125,000 - Initial Franchise Fee:
$25,000-$75,000 - Royalty Fee:
5% - Advertising Fee:
N/A - Term of Agreement:
10 years - Renewal Fee:
$2K
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When did Borvin Beverage start Franchising? 1992
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2004 | 2 | 0 | 0 | 1 |
| 2003 | 0 | 0 | 0 | 1 |
| 2002 | 0 | 0 | 0 | 1 |
| 2001 | 0 | 0 | 0 | 0 |
| 2000 | 0 | 0 | 0 | 3 |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Meetings, Internet, Field operations/evaluations
Marketing
Co-op advertising
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)
Business Experience:
To calculate how much income a franchise owner can do at Borvin Beverage Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Borvin Beverage and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Borvin Beverage franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Borvin Beverage
Borvin Beverage
1022 King St.
Alexandria,
VA
22314