Financial Investment
The estimated initial capital required to open a Vintner’s Cellar® Franchise is dependant on many variables including, but not limited to, such things as store size, build out and operating capital. A typical Vintner’s Cellar® Franchise requires between 1,200 – 1,600 square feet, depending on off premise storage availability.
Vintner’s Cellar® Franchising Inc will be pleased to assist you in preparing your own personal projection based on your location, cost of opening and all other variables related to YOUR OPERATION.
Expense | Amount | Method Of Payment | When Due | To Whom Payment Is To Be Made |
---|---|---|---|---|
Initial Franchise Fee | $30,000 | Lump Sum | On signing the Franchise Agreement | Us |
Legal Costs | $2,500 – $5,000 | As incurred | Before opening as incurred | Your attorney |
Leashold Improvements | $50,000 – $75,000 | Lump Sum | Before opening as incurred | Contractors and vendors |
Rent (first & last) | $6,000 – $10,000 | Lump Sum | As specified in lease | Landlord |
Signs | $4,000 – $7,000 | As incurred | Before opening as incurred | Us and Vendors |
Equipment | $30,000 – $40,000 | As agreed | Before opening as incurred | Us |
Initial Retail Stock | $25,000 – $40,000 | As agreed | Before opening as incurred | Us |
Initial Advertising | $2,500 – $10,000 | As incurred | Before or after opening as incurred | Vendors |
Grand Opening | $2,500 – $5,000 | As incurred | As incurred | Vendors |
Training | $500 – $1,000 | As incurred | During Training | us |
Insurance | $1,500 – $3,000 | As incurred | Before opening as incurred | Vendors |
Miscellaneous Pre Opening Expenses | $1,000 – $3,000 | As incurred | Before opening as incurred | Vendors |
Additional Funds | $10,000 – $20,000 | As incurred | As incurred | Us, Vendors and Employees |
TOTALS | $161,000 – $258,000 |
Let’s Work Together
Vintner’s Cellar® Franchising Inc. is introducing a business opportunity to the Canadian and U.S. market place. This retail wine making concept has proven highly successful in Canada for over 25 years.