What are Society Wine Bar’s Startup Costs and Fees?

Open a unique low-cost wine bar concept led by wine experts

Are you interested in opening a chic and elegant boutique wine bar concept? Society Wine Bar is primed for growth in the United States, and the costs are significantly lower than a traditional food business, making it an excellent initial investment for entrepreneurs or a potentially high-profit addition to a more experienced investor’s business portfolio.

The total investment range for opening a Society Wine Bar location is low, starting at $151,100. We don’t require a kitchen or extensive buildout, and our simple business model is ideal for retail space conversion. Preferred square footage for your Society Wine Bar is 1,000 to 1,200 feet.

Our franchise team will assist you with location selection, which ideally is within proximity to restaurants and other retail establishments.

Type of Expenditure Amount Method of Payment When Due To Whom Payment is Made
Initial Franchise Fee $45,000 Lump Sum Upon signing of the franchise agreement Us
Grand Opening Costs $5,000 - $10,000 As incurred During Grand Opening Period Suppliers
Travel and Living Expenses for Training $3,000 - $7,000 Lump Sum Prior to and during Grand Opening Training Us and Suppliers
Lease Payments - 1-2 months rent $2,100 - $8,200 As incurred As incurred Landlord
Leasehold improvements, building and construction $10,000 - $80,000 Lump Sum Prior to opening, varies by vendor Suppliers
Licenses, Architectural and Engineering Fees $5,000 - $10,000 As incurred Before opening Suppliers
Furniture, Fixtures, and Equipment, including small wares and branded items $20,000 - $60,000 As incurred Prior to opening Approved supplier
Signs $2,000 - $6,000 Lump Sum Before opening, varies by supplier Supplier
Computer System $3,000 - $5,000 Lump Sum Prior to opening Approved supplier
Website Development, Online Ordering, E-Mail Marketing $1,000 - $2,000 As incurred Before opening, varies by supplier Approved supplier
Initial inventory and supplies $15,000 - $25,000 As incurred Before opening, varies by supplier Approved suppliers (us)
Security Deposits (excluding lease deposit) $2,000 - $4,000 Lump Sum Before opening, varies by supplier Suppliers
Legal, Accounting and Licenses $5,000 - $20,000 As incurred As incurred Suppliers
Insurance (estimated annual) $3,000 - $5,000 As incurred As incurred Insurance companies
Employee Salaries - 3 months $10,000 - $20,000 As incurred As incurred Employees
Additional Funds - 3 months (these figures have not been offset by operating revenues) $20,000 As incurred As incurred, before Opening or otherwise arranged Us, Suppliers and Utilities, Landlord, Government Agencies, Attorneys, Accountants and Other Professionals
TOTAL $151,100 - $328,200

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