Rank no. 281 – Bevintel LLC – US
Products & Services: Liquor inventory-control services
Number of Locations: 339
Total Investment: $43.4K – 57.09K
Began Franchising: 1990
About Bevintel LLC
Since 1990, Bevinco franchisees have offered liquor inventory management services, using proprietary software to perform audits and then work with bars to make stocktaking easier and reduce waste, spillage and theft. In 2011, Bevinco was acquired by Inteliworx, which owns InteliTap, a company that provides technology and equipment to monitor draft beer quality. The company now franchises under the name Bevintel. Bevintel has been featured in the Spike TV series, Bar Rescue.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $39,900 – $49,900
Ongoing Royalty Fee: $15/audit
Term of Franchise Agreement: 20 years, renewable
Net Worth: $50,000
Liquid Cash Available: $30,000
Franchise can be run from home. 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|