Borvin Beverage vs VineCo Franchise Comparison

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

Start-Up Costs and Fees
 
Borvin Beverage Franchise
VineCo Franchise
Investment $50,000 - $125,000$80,000 - $100,000
Franchise Fee $25,000 - $75,000$10,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19851992
Year Franchised 19921994
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2K-


Business Experience Requirements
 
Borvin Beverage Franchise
VineCo Franchise
Experience
  • General business experience
  • Marketing skills
  • Outside sales experience
    		• -

    Financing Options
     
    Borvin Beverage Franchise
    VineCo 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
    VineCo Franchise
    Training -2 weeks
    Support Meetings, Internet, Field operations/evaluations-
    Marketing Co-op advertising-
    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
    VineCo Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    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 VineCo

     Vineco is Canada's largest retail winemaking franchise with over 95 locations across the country. Benefit from a growth industry as wine consumption in Canada continues to rise. Backed by 46 years of industry experience,  Vineco has over 80 exclusive product varieties including our extremely popular Limited Release Wines. From coast to coast  Vineco provides the best wine value available. Whether you enjoy a glass of wine occasionally or have a wine cellar your friends would envy, you can help your customers enjoy their favourite wines, all for a fraction of the cost of wines purchased in your local liquor store. Your customers will experience how easy, convenient and fun winemaking is. Great protected territories remain available all across Canada. The opportunity is now to secure your  Vineco franchise in the market that you would like to be in.