Retail & Specialty Stores
Franchise ID: bvEfTLlaq71K08B7JBh7vd

Binny’s Beverage Depot

Your Wine, Spirits, and Beer Superstore

Franchise Overview

Overview

Binny’s Beverage Depot is one of America’s largest independent retailers specializing in wine, spirits, and craft beer. With a legacy stretching back to the mid-20th century, Binny’s provides customers and franchise owners with an unparalleled selection of quality products at competitive prices. Its focus on both curation and value have ensured its standing as a household name for beverage enthusiasts.

Key Features

  • Binny’s offers franchisees a refined business model featuring:
    • Extensive, rotating inventory
    • Centralized distribution
    • Educational in-store tastings and workshops
    • Powerful local marketing programs

User Experience

Customers benefit from a friendly retail environment with knowledgeable staff, regular exclusive releases, and frequent educational events. Binny’s is known for outstanding customer service, with associates who actively help customers discover new brands and products.

Market Opportunity

Demand for specialty beverage retail continues to climb. Binny’s strong supplier relationships and proprietary merchandising software provide franchisees an edge in the rapidly expanding premium beverage market. Franchisees benefit from ongoing growth in both traditional and emerging markets, particularly as consumers seek curated selections and experiential shopping environments.

Franchise Requirements

Initial Franchise Fee$40,000
Total Investment$300,000 - $1,000,000+
Royalty Fee5% of gross sales
Marketing Fee2% of gross sales
Contract Term10 years, renewable
Net Worth Requirement$1,000,000 minimum
Liquid Capital Required$250,000 minimum
ExperienceRetail or beverage sales experience preferred; multi-unit management a plus
Financial Highlights
Average Unit Volume
$6,500,000
Average Profit Margin
8-12%
Typical Break Even
18-36 months
ROI (after 3 years)
13-18% after 3 years
Quick Facts

Established

1947

Total Units

45+ locations

Headquarters

Niles, IL, USA

Staffing

20-45 employees per location

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