- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$60K - $182K
- Units as of 2017
-
33
Company Overview
About Craft Beer Cellar
| Industry | Food |
|---|---|
| Related Categories | Miscellaneous Food/Beverage Businesses |
| Founded | 2010 |
| Parent Company | Craft Beer Stellar LLC |
| Leadership | Suzanne Schalow, CEO |
| Corporate Address |
51 Leonard St. Belmont, MA 02478 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 2012 (13 years) |
|---|---|
| # of employees at HQ | 5 |
| Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
| # of Units | 33 (as of 2017) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Craft Beer Cellar franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$25,000 |
|---|---|
|
Initial Investment
|
$60,325 - $182,000 |
|
Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | No |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | Craft Beer Cellar offers in-house financing to cover the following: franchise fee |
|---|---|
| Third Party Financing | Craft Beer Cellar has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 40 hours |
|---|---|
| Classroom Training | 40 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Site Selection
Proprietary Software
|
| Marketing Support |
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 3-4 |
|
Are exclusive territories available?
|
Yes |
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