Borvin Beverage vs Eola Wine Franchise Comparison

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

Start-Up Costs and Fees

 
Borvin Beverage Franchise
Eola Wine Franchise
Investment $50,000 - $125,000 $150,000 - And Up
Franchise Fee $25,000 - $75,000 N/A
Royalty Fee 5% -
Advertising Fee - -
Year Founded 1985 -
Year Franchised 1992 -
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $2K -


Business Experience Requirements

 
Borvin Beverage Franchise
Eola Wine Franchise
Experience
  • General business experience
  • Marketing skills
  • Outside sales experience
  • -

    Financing Options

     
    Borvin Beverage Franchise
    Eola Wine Franchise
      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

     
    Borvin Beverage Franchise
    Eola Wine Franchise
    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

     
    Borvin Beverage Franchise
    Eola Wine Franchise
    US Expansion - -
    Canada Expansion No -
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    Borvin Beverage Franchise
    $50,000 - $125,000
    Eola Wine Franchise
    $150,000 - And Up
    Franchise Fee
    Borvin Beverage Franchise
    $25,000 - $75,000
    Eola Wine Franchise
    N/A
    Royalty Fee
    Borvin Beverage Franchise
    5%
    Eola Wine Franchise
    -
    Advertising Fee
    Borvin Beverage Franchise
    -
    Eola Wine Franchise
    -
    Year Founded
    Borvin Beverage Franchise
    1985
    Eola Wine Franchise
    -
    Year Franchised
    Borvin Beverage Franchise
    1992
    Eola Wine Franchise
    -
    Term Of Agreement
    Borvin Beverage Franchise
    10 years
    Eola Wine Franchise
    -
    Renewal Fee
    Borvin Beverage Franchise
    $2K
    Eola Wine Franchise
    -


    Business Experience Requirements

    Experience
    Borvin Beverage Franchise

  • General business experience
  • Marketing skills
  • Outside sales experience
  • Eola Wine Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Borvin Beverage Franchise
    Yes/No
    Eola Wine Franchise
    -/-
    Start-up Costs
    Borvin Beverage Franchise
    No/No
    Eola Wine Franchise
    -/-
    Equipment
    Borvin Beverage Franchise
    No/No
    Eola Wine Franchise
    -/-
    Inventory
    Borvin Beverage Franchise
    No/No
    Eola Wine Franchise
    -/-
    Receivables
    Borvin Beverage Franchise
    No/No
    Eola Wine Franchise
    -/-
    Payroll
    Borvin Beverage Franchise
    No/No
    Eola Wine Franchise
    -/-

    Training & Support

    Training
    Borvin Beverage Franchise
    -
    Eola Wine Franchise
    -
    Support
    Borvin Beverage Franchise
    Meetings, Internet, Field operations/evaluations
    Eola Wine Franchise
    -
    Marketing
    Borvin Beverage Franchise
    Co-op advertising
    Eola Wine Franchise
    -
    Operations
    Borvin Beverage Franchise
    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)

    Eola Wine Franchise
    -

    Expansion Plans

    US Expansion
    Borvin Beverage Franchise
    -
    Eola Wine Franchise
    -
    Canada Expansion
    Borvin Beverage Franchise
    No
    Eola Wine Franchise
    -
    International Expansion
    Borvin Beverage Franchise
    Yes
    Eola Wine Franchise
    -

    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 Eola Wine

    As an Eola Wine Company franchisee, you will live a unique lifestyle You're independent. You're your own boss. And you're head of a community gathering place where people gather to celebrate wine, friends and trying new things. It's more than just a smart financial decision. It's an investment in a better life and an opportunity to surround yourself with people who share your passion with wine. In the process of building new Eola Wine Company franchises, finding the right franchisee partner is essential to growing the company. What does that mean? You know your community. Eola Wine Company locations are urban centers that cater to local residents. Franchisees should be knowledgeable of the area, as well as its business and social dynamics. You're passionate about wine. Maybe you're not a connoisseur, but at the very least you should take a distinct interest in wine. After all, you'll be building a lifestyle around it. You're a team player. Each Eola Wine Company location has its own family. Preserving the organic culture of learning and trying new things means building strong relationships on trusts and respect.