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 - $75,000N/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 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
    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-

    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.