Wine Kitz Franchise - strong revenue - large client base
$149,000.00 (Cdn)
Business Location: British Columbia Postal Code: V9A Relocatable: No
Business Categories:
Food & Related Products Hospitality & Food Service
BUSINESS FEATURES
Same central location for 10+ years – strong local presence – loyal, repeat clientele
Franchise agreement approved for another 10 years to 2018
Store’s lease extended another 5 years at the current rate
One staff member: wine-savvy, excellent work ethic – available to provide on-going support
Buyer training & support provided by: Owner, Regional Manager, Franchisor
Franchisor subsidizes ad campaigns (radio, newspaper, internet)
Modern shopping centre with over 111,000 sq ft of retail, grocery (Thrifty Foods) and office space located on approx. 3.5 acres with parking on site & serviced by public transport.
2 Restricted Parking spaces for store – robust walk-in traffic.
FINANCIAL INFORMATION
Yearly revenues in excess of $243,000.00
Priced to sell at well below the Franchisor’s recommended start-up costs: $149,000.00
Recently amalgamated clientele = 50% increase in client base
Generates excellent annual Payroll in excess of $71,000.00
Shopping Mall situated in View Royal/Esquimalt has a wide demographic with over 50% households earning $50,000+/yr
MARKET & COMPETITION
Robustly active U-brew market - competitors are independent retailers and cannot compete effectively with our national Franchise. Wine Kitz holds its own and often benefits from other u-brew outlets that periodically collapse. Very strong social and economic presence throughout Vancouver Island.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
Fracnise Fee
Owner training & support
Furniture, fixtures & equipment
Proprietary sofware & client database
Priced to sell at $149,000.00 and generating more than $240,000.00/yr in revenues , this busy outlet – with its established data base in excess of 1,500 loyal clients – is priced well below the cost of launching a new franchise. Wine Kitz, the only franchise of its kind on Vancouver Island, dominates the local U-brew market with its reputation for affordable, high-quality products.
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