MGM Wine & Spirits Franchise Review
MGM Wine & Spirits is graded based on our most recent research.
Franchise FactsMGM Wine & Spirits is a retail franchise that sells a variety of wine, beer and spirits.
How much does a MGM Wine & Spirits franchise cost?MGM Wine & Spirits has a franchise fee of up to $75,000, with a total initial investment range of $278,000 to $650,500.
- Initial Franchise Fee: $75,000
- Total Investment: $278,000 to $650,500
- Working Capital: $20,000 to $75,000
- Royalty Fee: 2.2%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a MGM Wine & Spirits franchise make?Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
How many franchise locations do they have?As of the 2020 Franchise Disclosure Document, there are 29 franchised MGM Wine & Spirits locations in the USA.
Are there any MGM Wine & Spirits franchise opportunities near me?Based on 2020 FDD data, MGM Wine & Spirits has franchise locations in 1 states. The largest region is the Midwest with 29 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
MGM Wine & Spirits Franchise Stats
$278,000 - $650,500
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 99 hours. This includes 31 hours of classroom training and 68 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.