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Bevinco
 

Liquor inventory auditing and control service for bars and restaurants. Utilizing our computerized weighing system, franchisees will identify and resolve the shrinkage problems associated with the bar business. On-going weekly accounts make for an excellent executive income.

Franchisor Background

Year Established:

  1987

Franchising Since:

  1990

IFA Member



CFA Member



Operating Units:

Franchised Units:323 98.2%  
Company-Owned Units:6 1.8%  
 ______ _____  
Total Operating Units:329 100%  
 

Geographic Distribution:

U.S.:195 72.8% In 49 States
Canada:27 10.1% In 8 Canadian Provinces
International:46 17.2% In 27 Foreign Countries
 ______ _____  
Total:268 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Ohio23
2. California14
3. Texas10

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$40K
Cash Investment:$40K
Total Investment:$40K
Average Total Investment:$40K
 

Fees:

Initial Franchise Fee:$39.9K
Average Franchise Fee:$40K
On-Going Royalty:$4/Audit
Average Royalty:-1%
Advertising Fee:$2/Audit

Average Number of Employees:

   1-3 Full-time, 1-3 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:12
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:At Additional Cost
Field Operation Evaluation:Not Applicable
Field Training:Included in Fees
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Head Office in Toronto7 Days
2. Franchisee's Location5 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:4
Specific Industry Experience:4
Formal Education:3
Psychological Profile:3
Personal Interview(s):3

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:1%
Native American:N/A
Other:N/A
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   50
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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