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Borvin Beverage Franchise Corp.

Wine wholesale distribution

Background

Founded: 1985 Franchising since: 1992
Wine importer and wholesaler Borvin Wines International was founded in Delaware in 1985. The company began selling wine in Virginia and Washington, DC, in 1987. In 1993, Borvin Beverage Franchise Corporation was created by Donald L. Mikovch to offer beverage wholesale and distribution opportunities throughout the United States.
1022 King St.
Alexandria, Virginia 22314
Phone:
(703)683-9463


Franchisor has 4 employee(s); 1 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 0 0 0 1
2006 0 0 0 1
2005 1 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Depends on number of potential retail licensees

Costs and Fees

Total investment: $71K-76K
Franchise fee: $10K+
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $250K
Business Experience:
  • General business experience
  • Marketing skills
  • Outside sales experience

Operations
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 10 days

Ongoing Support
  • Meetings
  • Internet
  • Field operations/evaluations

Marketing Support
  • Co-op advertising

Other marketing support
  • Promotional materials

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