Legacy Wine & Spirits Franchise Signature Retail Stores
Legacy Wine and Spirits (Legacy), is a boutique style wine and spirits retail store selling select wine and spirits from renowned regions and vineyards around the world. Legacy has evolved into an exciting retail business, and is now a concept holder in the profitable wine and spirits retail market in China. Legacy features reasonably priced wine and spirits set against old world, vintage décor in a friendly and relaxed environment. Legacy navigates the world for you, bringing its bounty to your home.
Core competencies are design, branding, marketing, optimization of the sales model and supply chain management and the company plans to focus on the development, support and supply of goods to its Legacy franchisee retail stores.
Offering
The Legacy Collection of fine wine and spirits
All inclusive turn key retail wine and spirits store
Distinctive and attractive store façade, layout and signage
3% royalty on product revenues
Training and continuing support
Brand awareness
End-to-end software application
Effective marketing and advertising programs
Competitive pricing
Strategic Objectives
Legacy plans to launch a nationwide franchise of near identical retail wine and spirits stores, each with its own individual charm, offering high-quality wine and spirits from around the world. It is Legacy's objective that a franchisee will break even in the first year of business and for 90 per cent of the franchisees to achieve an operating profit the second year. A store should have a positive cash flow from day one as a result of Legacy's successful pre-opening marketing and advertising campaigns.
Customers can visit a Legacy store anywhere in China and enjoy the same experience; fabulous wine and spirits collections, irresistible pricing; unique one-of-a-kind environment and exceptional service provided by informed and talented sales staff.
The proprietary Legacy product menu consists of globally sourced, high-quality wine and spirits at an ultra-competitive price point. Stores are situated on high traffic street locations with accessible customer parking. Store exterior facades are optimally designed to elicit maximum consumer awareness while the interiors are laid out in our unique 'old-world' design. Our real time end-to-end business management, accounting and point of sale software with its ecommerce portal offers fully integrated modules to streamline the business, boost productivity, increase revenue and customer satisfaction.
Every aspect of a Legacy operation is uniform in nature and at the same time operates in an open and free environment. Legacy's comprehensive pre-opening training program encompasses business development including leadership, marketing, product knowledge, money, management, and other critical components and this training will launch Legacy as one of the foremost leaders in franchise business development.
Question & Answer
| Q - |
How much is the Initial Franchise Fee? |
| A - |
The Initial Franchise Fee for a turn-key operation is app. $30,000 USD. |
| Q - |
How much is the Royalty Fee? |
| A - |
The Royalty Fee is 3%. |
| Q - |
How much is the Advertising Fee? |
| A - |
The Advertising Fee is 2.5% on monthly gross sales. |
| Q - |
What is the total investment of the franchise? |
| A - |
Subject to a number of factors, including the store size and location of your store, the investment is $30,000 to $60,000 USD. |
| Q - |
Who finds the store locations? |
| A - |
Legacy works with real estate professionals to find outstanding locations and negotiate favorable terms or the franchisee may suggest a suitable location subject to Legacy's approval. |
| Q - |
What does the word "turn-key" mean? |
| A - |
Turn-key means that Legacy will generate the entire start-up business package for you. From site selection, to design and arranging for contractors to build your store, pre-opening campaigns, processing your opening inventory - everything is taken care of. |
| Q - |
How does a Franchisee purchase inventory? |
| A - |
All store inventory is supplied and/or coordinated by Legacy to the franchisees. This ensures that your store carries the high standard of merchandise associated with the Legacy name. |
| Q - |
What is the length of the Franchise Agreement? |
| A - |
Ten years with an option to renew. |
Support
Initial and Continual Coaching
Pre-opening marketing and advertising
Product education
Peer support
We provide complete training and continual operational support throughout your business launch from start to finish and all of the tools to train your team members.
We provide a new level of support called Continual Coaching that few franchise companies are able to match. A Legacy District Manager is assigned to your store and will support you for growth and continued success.
Learn from other Franchise Partners through online discussion forums and annual conferences.
Do You Have What it Takes?
1) Sales and Marketing Experience/Aptitude
2) Management and Leadership experience
3) A minimum of $30K available
4) A full time commitment
5) An immediate time frame
6) A real interest in making money
Legacy's success is based on the quality of the people and their personal desire to succeed. Our best Franchisee Partners are strong leaders, result oriented and excited about long term growth.
What is the Next Step?
Simply complete our Confidential Franchise Inquiry Form. Once we have reviewed this form, we will schedule a meeting to review the information and take the next steps to qualifying you as a Legacy Franchisee partner. In the event that you meet our qualifications, we look forward to working with you for the next ten years or longer.
