The Connoisseur Franchise
Monday, April 26, 2010 at 11:24AM Sells and ships wine and gift baskets
Packaged with personalized labels, wine sold by Sanford and Annalisa French's company comes from vineyards in California and cellars in Europe.
While it is illegal to ship wine directly to consumers in 39 states, Redondo Beach, California-based The Connoisseur has established a network of franchises and distributors that, like florists, can take orders from other stores and deliver wine and other gifts within 48 hours.
Start-up Costs & Franchises Fees
What is the total cost to open a The Connoisseur Franchises?
Total Cost: $200,000 USD -$270,000 USD
Total Franchise Fees: $29,500
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for The Connoisseur
|
The Connoisseur |
Phone Number: (310)374-9768 |
The Connoisseur In the Press
No results at this time.Historical Expansion
In what year did The Connoisseur begin operations? 1972
When did The Connoisseur begin selling franchises? 1988
Year United States Canada International Corporate 2003 6 0 0 1 2002 6 0 0 1 2001 7 0 0 1 2000 8 0 0 1 1999 6 0 0 1
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
0% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 2
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes