Initial Franchise Fee
$5 per potential retail licensee (minimum of 1,000 licensees within territory)
Royalty Fee – 5%
Advertising and Promotion Fund – 2%
Available Financing – 67% of initial franchise fee
Franchise Start-up Investment – $75,000 – $125,000
This includes the $25,000 for the start-up wine inventory purchase. The investor should have an additional capitalization of 1 to 3 years, in addition to the franchise start-up investment, to sustain the business during its development phase. We have found this usually requires liquid assets of $250,000.
The Exclusive Territory shall be a geographic area containing a minimum of 2,000 potential retail licensees. Generally, exclusive territories will be outlined according to state and county lines.
Franchisees will be provided a full line of exclusive wines from the BBFC portfolio.
Initial Franchise Term
10 years. However, the franchisee must sign and abide by the most current version of the Franchise Agreement.
Franchisees will be provided with training at both at BBFC’s headquarters, located in Alexandria, VA and online. The franchisee may elect to use the training days at their discretion, which includes:
- In-depth wine knowledge
- In-depth wine sales training
- Detailed training on wine wholesale operations and distribution
- Administrative and operating procedures
- Franchisees will also be provided with a detailed operations manual for use during their franchise term.