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Cinque Wine & Deli 7.7 /10

2012 Estd  ·  3 Franchisees  ·  Athens HQ  ·  Listed By Business Owner / Director

All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Cinque Wine Bar USD 56 - 73 thousand USD 16.8 thousand 431 - 861 Sq Ft 3 USD 33.5 thousand 24% 4% royalty
Cinque Wine & Deli Bar USD 85 - 107 thousand USD 22.3 thousand 753 - 861 Sq Ft 5 USD 39 thousand 28% 4% royalty
Format Name Cinque Wine Bar Cinque Wine & Deli Bar
Investment USD 56 - 73 thousand USD 85 - 107 thousand
Brand Fee USD 16.8 thousand USD 22.3 thousand
Space 431 - 861 Sq Ft 753 - 861 Sq Ft
Staff 3 5
Expected Monthly Sales USD 33.5 thousand USD 39 thousand
Profit Margin 24% 28%
Royalty / Commission 4% royalty 4% royalty
Documents
About Cinque Wine & Deli
Cinque Wine & Deli is a Greek wine hospitality brand founded in 2012 in Athens by Grigoris Prassas and Evangelia Tseliou-Prassa. Under the umbrella Cinque – The Greek Wine Journey, the concept brings together Greek wines, guided tastings, selected Greek deli products and personal hospitality.

The current network includes Cinque Psirri – The Founders’ Edition, Cinque Monastiraki – The Advanced Edition, and Cinque Wine & Deli Glyfada, our franchise location. The concept serves both local guests and international visitors, with experiences designed around the discovery of Greek wine and food culture.

Revenue opportunities include wine by the glass and bottle, curated wine and olive oil tastings, food pairings, retail wine and deli sales, private celebrations and corporate group experiences, according to the selected format and local market.

Franchise partners receive guidance on concept development, wine and product selection, staff training, hospitality standards and marketing. Store requirements and investment depend on the format, premises and market. Our goal is to work with committed partners who share our approach to Greek wine hospitality.
Products and Services
Greek wines by the glass and bottle; guided Greek wine tastings and food pairings; selected Greek cheeses, charcuterie, chutneys and deli products; extra virgin olive oil tastings and retail sales; retail wine; private wine celebrations; corporate wine experiences and Wine Quest activities. The product and experience mix is adapted to each approved store format and local operating requirements.
Preferred Locations
USA, Europe, Canada, Australia, Greece, Cyprus.
How to get Cinque Wine & Deli Franchise?
The process begins with an introductory discussion about the applicant’s background, target market and proposed location. We share the Franchise Prospectus and assess the partner and premises, select the appropriate format, and review the investment and commercial terms. Following agreement and completion of the contractual process, we proceed with planning, training and opening support.
What are some of the things we look for in a Franchisee?
We seek committed franchise partners with a passion for hospitality and Greek wine culture. Previous wine expertise is helpful but is not a prerequisite, as training is provided. Partners should take an active role in the business, recruit and manage their team, follow approved brand and service standards, use the agreed product and supplier framework, and maintain consistent guest service and operational quality.
Support you can expect from the company
Support includes concept and premises planning, guidance during setup and opening, Greek wine and deli product curation, supplier guidance, initial staff training and ongoing hospitality and wine education. Cinque also provides brand guidelines, marketing guidance, new product and experience development, and ongoing quality support.
Profile Stats
  • 2000+ Page Views
  • 600+ Investor Views

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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    Frequently
    Asked
    Questions
    • When was Cinque Wine & Deli established?
      Cinque Wine & Deli was established in 2012 in Athens and is reported to have 3 Franchisees currently
    • What is the investment required to take up Cinque Wine & Deli Franchisee?
      Investment required ranges from EUR 50 thousand - 96 thousand depending on the format offered.
    • What is the space requirement for taking up Cinque Wine & Deli Franchisee?
      Space required ranges from 431 - 861 sq ft depending on the format.
    • What Franchisee formats does Cinque Wine & Deli offer?
      Cinque Wine & Deli offers 2 formats, i.e Cinque Wine Bar,Cinque Wine & Deli Bar.
    • How to get Cinque Wine & Deli Franchisee?
      The process begins with an introductory discussion about the applicant’s background, target market and proposed location. We share the Franchise Prospectus and assess the partner and premises, select the appropriate format, and review the investment and commercial terms. Following agreement and completion of the contractual process, we proceed with planning, training and opening support.
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