• 5515 Mills Civic Parkway, Suite #120, West Des Moines, Iowa 50266

Investment Criteria

You don’t necessarily need experience with wine, food or retail industries, but a background in business sales or event management experience is preferred. You will need to be committed to working full-time and inside your own store to make your investment as successful as it can be.

Investment Profile

WineStyles Tasting Station franchisees typically like wine, craft beer and good food, but to join our team and become your own boss, you should be passionate about creating a business culture that relentlessly serves its customers.

The Franchisee Breakdown:

  • Initial investment ranges from approximately $230,500 – $475,500
  • Franchise fee is $25,000 and each additional store thereafter is $20,000
  • Minimum liquid assets of $225,500 per unit
  • Minimum net worth of $600,000 per unit
  • Franchisees can expect to pay a 6% royalty fee of monthly gross revenue
  • Contribution of 3% of monthly gross revenue into a national marketing fund
  • Desire and ability to learn and follow a system that ensures customer satisfaction
  • Strong interpersonal skills and ability to manage and motivate employees while expanding a customer base
  • Resources and ability to open first unit within 12 months

Get Started Today

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Initial Investment

The total cost for the initial WineStyles Tasting Station franchise investment is approximated at $229,000 to $380,000. Below is a breakdown of the approximate costs.

Initial Franchise Fee

Amount: $25,000
Method of Payment: Lump Sum
Payment Due: When You Sign Franchise Agreement
Payment Made to: WineStyles

Architectural Services Fee

Amount: $2,500
Method of Payment: Lump Sum
Payment Due:  As incurred
Payment Made to: Approved Supplier

Real Estate Development

First & last security deposit

Amount: $5,000 – $20,000
Method of Payment: Lump Sum or Financed
Payment Due: Prior to Opening
Payment Made to: Landlord, Contractor or other 3rd Party

Tenant Improvements

Electrical, plumbing, walls, ceiling, floor, painting, installation, permits

Amount: $50,000 – $150,000
Method of Payment: Lump Sum or Financed
Payment Due: Per Agreement with General Contractor
Payment Made to: Contractors or other third parties

Furniture, Fixtures, Smallwares & Equipment

Amount: $32,000 – $68,000
Method of Payment: Lump Sum or Financed
Payment Due: As Incurred Prior to Opening
Payment Made to: Approved Suppliers

Opening Inventory

Amount: $28,000 – $55,000
Method of Payment: Vendor Terms
Payment Due: Vendor Terms
Payment Made to: Approved Suppliers

Miscellaneous Opening Costs

Amount: $3,000 – $5,000
Method of Payment: As incurred
Payment Due: As Incurred Prior to Opening
Payment Made to: Vendors

Licenses & Permits

Amount: $2,000 – $15,000
Method of Payment: As incurred
Payment Due: As Incurred Prior to Opening
Payment Made to: Government Suppliers

Insurance

Including worker’s compensation

Amount: $2,500 – $5,200
Method of Payment: As incurred
Payment Due: Per Insurance Carrier
Payment Made to: Insurance Company

Grand Opening Advertising

Amount: $7,500 – $15,000
Method of Payment: Lump Sum
Payment Due: As Required
Payment Made to: Advertising Agencies, Third Party Vendors

Travel & Living Expenses while in Training

Amount: $1,000 – $1,800
Method of Payment: As incurred
Payment Due: As Required
Payment Made to: Airlines, Rental Car Agencies, Restaurants, Hotels, etc.

Point of Sale System

Software and hardware

Amount: $12,000 – $13,000
Method of Payment: Lump Sum or Financed
Payment Due: As Required
Payment Made to: Approved Suppliers

Working Capital

Amount: $60,000 – $100,000
Method of Payment: As Incurred
Payment Due: As Required
Payment Made to: Various

Ready to Uncork Your Own Franchise

We’ll be with you every step of the way to help you build your business and achieve your goals. Use the link below to fill out our form and access more in-depth information on the WineStyles Tasting Station business. The form is completely confidential, free and represents no commitment.