- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$40K - $56K
- Units as of 2020
-
6 100.0% over 3 years
Elite Bartending operates to meet the demand for highly-trained, professional bartenders. Elite Bartending began operations in Florida, in 2008 and has offered franchises since 2016.
The franchise operation is seeking to steadily expand, and Elite Bartending is always looking for franchisees who will further the business. Additionally, Elite Bartending trains bar staff and runs a job placement program for its graduates. The Florida Department of Education fully regulates Elite Bartending.
Since beginning to franchise, Elite Bartending has opened multiple locations throughout the United States.
Why You May Want To Start an Elite Bartending Franchise
People have often viewed bartending as a job that someone does until something different comes along. However, Elite Bartending recognizes a demand for highly-trained bar staff who know their trade inside out.
Elite Bartending offers intensive training in bartending and mixology. Upon graduation, the brand places its graduates in good positions throughout Florida and beyond. A bar owner, event organizer, or hotel manager may know that a graduate from the Elite Bartending will be a top-notch bartender.
What Might Make an Elite Bartending Franchise a Good Choice?
If you are running an Elite Bartending franchise, you should have qualities that make for a good teacher and manager. An Elite Bartending franchisee will need to be a good communicator, friendly, and an exceptional motivator. No specific qualifications or previous education is needed to start an Elite Bartending.
A franchisee with Elite Bartending will oversee the operation of their location and ensure that it is meeting the high standards that Elite Bartending demands of its franchisees. Elite Bartending believes it has an established reputation for the quality of its training. The franchisee is expected to be an ambassador who shares Elite Bartending’s philosophy.
To be part of the Elite Bartending team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees.
How To Open an Elite Bartending Franchise
As you decide if opening an Elite Bartending franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Elite Bartending franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement with Elite Bartending, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Elite Bartending franchising team any questions that you might have.
Elite Bartending believes it prepares its franchisees thoroughly with a fully comprehensive training program. The program covers every aspect of the business and swings into operation the moment you sign your agreement. Once your Elite Bartending is up and running, the Elite Bartending corporate staff will give you all the support that you might need.
Company Overview
About Elite Bartending
Industry | Services (Other) |
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Related Categories | Miscellaneous Services, Staffing/Recruiting, Party/Event Services |
Founded | 2008 |
Leadership | Austin Gagnon, CEO |
Corporate Address |
P.O. Box 420461 Summerland Key, FL 33042 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2016 (8 years) |
---|---|
# of employees at HQ | 10 |
# of Units | 6 (as of 2020) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Elite Bartending franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$24,900 |
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Initial Investment
|
$39,600 - $56,400 |
Royalty Fee
|
8% |
Ad Royalty Fee
|
1.5% |
Term of Agreement
|
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Elite Bartending has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 92 hours |
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Classroom Training | 69 hours |
Ongoing Support |
Grand Opening
Site Selection
|
Marketing Support |
Social Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
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Yes |
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