Sculpture Hospitality provides inventory auditing services for bars, nightclubs, restaurants, and other hospitality establishments to monitor the loss of liquor, wine, and beer due to theft, spillage, shrinkage, and other factors. The franchise helps clients reduce waste and improve profitability.
Key Insights
- Sculpture Hospitality began with a vision to provide inventory management solutions for the hospitality sector. The business has a long-standing presence, growing through a network of dedicated franchisees who serve a diverse client base of bars, restaurants, and hotels. This foundational experience underpins the franchise's operational model and ongoing support for its partners.
- The franchise operates by offering outsourced inventory management services, utilizing specialized software and trained professionals to conduct regular stock counts. This process allows establishments to gain detailed insights into their product usage, reduce waste, and improve overall profitability. The franchise model focuses on repeatable processes and comprehensive training for its operators.
- The industry served by the franchise, the hospitality sector, is characterized by high volumes of perishable goods and a constant need for precise cost control. Sculpture Hospitality addresses this by providing a necessary service that helps businesses manage their most significant variable costs. The franchise is positioned to assist these establishments in optimizing their operations.
Franchise Fee and Costs to Open
Exploring the financial picture of Sculpture Hospitality gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $45,500 - $49,500, along with a franchise fee of $25,000 - $25,000.
Financial Performance and Revenue
Training and Resources
Sculpture Hospitality provides comprehensive training for new franchisees. The initial training program is two weeks long and is conducted at Sculpture Hospitality's headquarters. This program covers key business operations and best practices. Franchisees receive access to resources and ongoing support. Sculpture Hospitality offers guidance and a structured framework to facilitate a strong start.
Legal Considerations
Legal considerations for a Sculpture Hospitality franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee may encounter considerations regarding local market saturation and the need to establish a distinct service offering. The operational complexity of managing client relationships and inventory control requires diligent attention. Furthermore, reliance on established vendor networks for specific product lines presents a factor for careful management.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Sculpture Hospitality franchise?
How can I estimate the profitability and return on investment (ROI) of a Sculpture Hospitality franchise?
What is the franchisee fee for a Sculpture Hospitality franchise?
How to open a Sculpture Hospitality franchise?
How many locations does Sculpture Hospitality have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
