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Below is an in-depth analysis and side-by-side comparison of Borvin Beverage vs The Grape including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 - $125,000 | $875,000 - $1,200,000 |
Franchise Fee | $25,000 - $75,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1985 | 2000 |
Year Franchised | 1992 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 |
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Training | - | - |
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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
First opened in Atlanta in October 2000, The Grape is a proven, popular concept that combines two complementary revenue elements: a wine bar and retail store. It's not your father's wine bar. But it might be your mother's, sister's or wife's. Courting urban females is one of several new wrinkles for the operators of today's trendy new wine bars, which are portraying wine as an "experience" rather than a mere beverage. These wine bars are growing in popularity and one could be yours!