Waters Edge Winery & Bistro combines the art of winemaking with a bistro experience, offering wine and gourmet food in a relaxed setting. The franchise provides a unique experience, allowing guests to enjoy handcrafted wines and delicious dishes, along with wine accessories and educational offerings.
Key Insights
- Waters Edge Wineries was created to bring much-needed innovation and professional standards to an industry that required modernization, focusing on developing scalable systems and processes that ensure consistent quality while adapting to local market conditions and customer preferences.
- 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 education efforts help consumers understand the value of professional versus amateur service providers, creating opportunities for qualified businesses to demonstrate expertise and build customer relationships through superior service quality and reliable performance.
Franchise Fee and Costs to Open
Exploring the financial picture of Waters Edge Wineries 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 $577,295 - $1,335,899, along with a franchise fee of $55,000 - $55,000.
Financial Performance and Revenue
Yearly gross sales of $584,730 and estimated earnings of $58,473 - $70,168 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 15.4-17.4 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Waters Edge Wineries provides comprehensive training to new franchisees. This initial training spans two weeks and is conducted at our corporate headquarters. The franchisor offers extensive operational support and marketing resources. Waters Edge Wineries recommends utilizing provided digital assets for brand consistency.
Legal Considerations
Legal considerations for a Waters Edge Wineries 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
Operating a Waters Edge Wineries franchise presents considerations such as adapting to the existing local beverage market, which may include established wineries and breweries. Managing a franchise involves overseeing inventory, staffing, and customer service, all requiring diligent attention. Furthermore, maintaining consistent product quality necessitates a reliable supply of grapes or juice, dependent on established agricultural partnerships.
Franchise Datasheet
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