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Updated RecentlyBorvin Beverage vs Wine Not Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Borvin Beverage vs Wine Not 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 | $250,000 - $350,000 |
| Franchise Fee | $25,000 - $75,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1985 | 1993 |
| Year Franchised | 1992 | 2002 |
| 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 | - |
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.