Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
8/10

Franchimp Summary Rating

10 /10
Lower than 0% of peers
6 /10
Lower than 48% of peers

Franchise Summary

Description
We grant qualified franchisees the right to operate a retail store offering a variety of products including some or all of the following: wine and beer (both retail sales and wine bar), coffee, tea, chocolate, cheese, gourmet food items, gift baskets and related products, using WineStyles Tasting Station procedures and format
Company Background
WineStyles Tasting Station has been committed to providing quality products and services for over 30 years. We are a family-owned business, with two generations of the same family running the company. WineStyles Tasting Station is an exciting opportunity to open your own wine bar or retail store, offering all types of wines, beers, coffee & tea, chocolate & cheese, gourmet food items and more! Our mission is to provide our franchisees with everything they need to succeed in their new venture through training programs that offer skills development as well as hands-on experience.
Franchise Opportunity
Operating a successful retail store can be difficult, especially if you don't have the right tools and support. With so many options available, it can be hard to know which products to choose for your store. You need a selection that will appeal to your customers and help you stand out from the competition. WineStyles Tasting Station offers a variety of products that are sure to appeal to your customers. We provide our franchisees with the training and support they need to run a successful store. Plus, our unique format makes us stand out from the competition.
Corporate Structure
Tasting Station, Inc. is an Iowa Subchapter S Corporation formed on July 18, 2012. Their principal business address is 5515 Mills Civic Parkway, #110, West Des Moines, Iowa 50266. They have offered WineStyles Tasting Station® franchises since December 1, 2012.
Investment and Franchisee Fees
The total investment necessary to begin a WineStyles Tasting Station® retail store is $230,500 to $475,500. This includes $23,500 to $41,000 which must be paid to the franchisor.

Franchisee Attrition

10 /10
This franchise's rate of attrition in 2023 of 0.00% was Lower than the 3% in the Retail Food industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Disclosure Documents

FDD Effective Date

Distribution of WineStyles Tasting Station Franchisees

WineStyles Tasting Station Franchise System Development in 2021

FAQ

How much investment do I need to start my own WineStyles Tasting Station business?
Franchisees typically require at least $229,000 to $380,500 investment to get their WineStyles Tasting Station business started
What are the initial franchise fees for WineStyles Tasting Station?
Franchisees typically need to pay at least $25,000 in fees directly to WineStyles Tasting Station in order to earn the right to launch their business
How much money can I make with a WineStyles Tasting Station franchise? What are the average revenues for a typical WineStyles Tasting Station business?
We haven’t done the math on how much revenue a typical WineStyles Tasting Station brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $0 revenue, so we would expect WineStyles Tasting Station to generate a similar amount
How long do I need to commit to running a WineStyles Tasting Station unit? What is my contractual commitment?
WineStyles Tasting Station franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

6 /10
The Franchisor's investment costs ranges from $62,500 to $244,405 which is Much Lower than the $433,675 to $989,553 average in the Retail Food industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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