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Below is an in-depth analysis and side-by-side comparison of Eola Wine vs The Brass Tap including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 - And Up | $780,925 - $1,318,525 |
Franchise Fee | N/A | $37,500 |
Royalty Fee | - | 4% |
Advertising Fee | - | 1.5% |
Year Founded | - | 2008 |
Year Franchised | - | 2010 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | No previous franchise or pub experience necessary. Multi-unit agreements available. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.