Olive oil products and wines
ABC-CO - NASDAQ
The investment required to open a We Olive & Wine Bar Franchise is between $285,000 - $421,500 . There is an initial franchise fee of $30,000 which grants you the license to run a business under the We Olive & Wine Bar name.
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | N/A |
| Startup Costs | N/A | N/A |
| Equipment | N/A | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
Training
Franchisees learn how to manage all aspects of the store, including processes for store opening and ongoing sales growth.
We Olive provides a comprehensive training program for two people in beautiful Paso Robles, California without charge. This in-store and classroom program covers the facets of the day-to-day operation of your We Olive store. In addition, the We Olive orientation will explain in detail how you can leverage the corporate support in areas such as marketing, customer service, hiring, sampling, product knowledge, IT and ordering procedures. After the initial training, We Olive provides scheduled trainings for two more people without charge.
Support
Franchisees receive a solid structure needed to build a successful, sustainable business.
From hiring and customer service training to store layout, merchandizing and inventory control, the We Olive operational team provides support for ongoing success.
*Guidance on operating processes
*Assistance with purchasing of approved equipment, inventory, signs, supplies
*Development of local advertising and promotions; *Administration, accounting and inventory control;
*Employee and management training programs as needed. Additionally, We Olive is in the process of establishing an Advisory Council of Franchisees to continually advise on system best practices, marketing and service enhancements.
Marketing
With an established identity, advertising, public relations and interactive expertise, the We Olive marketing team has generated awareness and traffic for each franchisee and cultivated a loyal base of repeat customers.
How much money you could make as a We Olive & Wine Bar Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a We Olive & Wine Bar Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for We Olive & Wine Bar and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an We Olive & Wine Bar franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.