|
Below is an in-depth analysis and side-by-side comparison of The Grape vs The Brass Tap including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $875,000 - $1,200,000 | $780,925 - $1,318,525 |
Franchise Fee | N/A | $37,500 |
Royalty Fee | - | 4% |
Advertising Fee | - | 1.5% |
Year Founded | 2000 | 2008 |
Year Franchised | 2004 | 2010 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | No previous franchise or pub experience necessary. Multi-unit agreements available. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 196 hours Classroom Training: 96 hours Additional Training: At corporate training store |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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!