Wine And Design is an art studio offering relaxed, social painting classes where patrons bring their own food and drinks. The franchise fosters a creative, pressure-free environment that encourages artistic expression and socializing.
Key Insights
- Wine And Design emerged when founders recognized significant opportunities to transform traditional service delivery methods within their market, developing innovative approaches that addressed specific customer pain points and established new standards for quality and reliability in the industry.
- Service customization addresses specific client requirements through flexible approaches and specialized expertise that adapt to unique project demands while maintaining consistent quality standards and professional service delivery that builds trust and long-term business relationships.
- 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 Wine And Design 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 $69,950 - $271,700, along with a franchise fee of $25,000 - $25,000.
Financial Performance and Revenue
Yearly gross sales of $87,800 and estimated earnings of $12,293 - $15,804 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 12.7-14.7 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
Wine And Design provides comprehensive training for new franchisees. Initial training, lasting two weeks, is held at the franchisor's headquarters in North Carolina. This program offers extensive guidance on operational procedures and brand standards. The franchisor also provides a wealth of marketing resources and ongoing support to help franchisees establish and grow their Wine And Design studio.
Legal Considerations
Legal considerations for a Wine And Design 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 entering the creative arts and entertainment sector, akin to Wine and Design, may encounter local market saturation with similar social entertainment venues. Operational considerations include managing class scheduling, instructor recruitment and retention, and ensuring consistent product quality for paint and supplies. Dependence on specific vendors for art materials and beverages for tasting events can also present sourcing challenges.
Franchise Datasheet
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