• 5515 Mills Civic Parkway, Suite #120, West Des Moines, Iowa 50266
  • Call Us Now
    866-424-9463

  • E-mail Us
    uncorked@winestyles.com

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

Fill out the form below to receive more information.

     

     

     

     

    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.