Vino 100 is a specialty wine store offering a curated selection of wines priced under $25. The franchise also sells accessories, gourmet foods, and gift items to enhance wine enjoyment.
Key Insights
- Vino 100 developed from extensive market research that identified critical gaps in customer satisfaction and service quality, leading to the creation of comprehensive solutions that combine proven business practices with innovative approaches to meet evolving consumer expectations and demands.
- Quality control systems ensure consistent results across all projects while adapting to unique specifications and client expectations, utilizing proven procedures and regular assessments that maintain high standards while accommodating individual needs and preferences.
- Market consolidation trends benefit established brands with proven systems and operational expertise, creating opportunities for growth and expansion while rewarding businesses that have demonstrated consistent quality and customer satisfaction over time.
Franchise Fee and Costs to Open
Exploring the financial picture of Vino 100 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 $65,000 - $430,825, along with a franchise fee of $0 - $30,000.
Financial Performance and Revenue
Training and Resources
Vino 100 provides comprehensive initial training for new franchisees, typically lasting two weeks at their corporate headquarters. This immersive program offers extensive education on Vino 100's operational model. The franchisor also provides marketing support materials and recommends best practices for inventory management. Franchisees receive ongoing guidance and access to a robust resource library to support their business.
Legal Considerations
Legal considerations for a Vino 100 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 might encounter challenges in navigating local market saturation for wine and spirits, requiring a keen understanding of consumer preferences and competitive offerings. Managing inventory across a diverse selection of wines, ensuring freshness and proper storage, presents an operational consideration. Additionally, maintaining consistent product availability may depend on relationships with specific distributors and producers, necessitating robust supply chain management.
Franchise Datasheet
FAQs
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