Are you interested in starting a bottled water business? Here are the best franchises to buy.
This is one product people can’t do without, hence an indication of the enormous opportunities you can leverage as an entrepreneur.
Now, there are two key business models involved; starting from scratch or buying a bottled water franchise.
From the topic above, it’s clear that we’re more interested in the latter. This model of business involves buying into an already successful bottled water franchise.
In a bid to grow their sales and reach, companies launch their franchising arms. This is open to prospective investors or franchisees seeking to become part of the brand’s success story.
Becoming A Bottled Water Franchisee
Bottled water franchises are open to investors who believe in the vision of the brand.
Of course, there are clear benefits to be derived by the investor or franchisee through partnerships with the bottled water franchise. While this is true, certain requirements are needed by the franchisor.
As a prospective investor, you want to find out whether you meet the franchisor’s minimum requirements. Now, such requirements differ from one bottled company to the next.
These requirements are meant to ensure that only serious-minded investors are attracted.
Also, some franchises may require that investors have some form of experience in related areas of business. Having such experience and among other needed skills gives you an edge.
You’ll have to read through the requirements to know whether you’re eligible or not.
Best Bottled Water Franchises To Buy
When it comes to bottled water franchises, there are lots of them to consider. One tip you should follow is to know the different franchises and what they offer.
Also, you’ll need to know what they have to offer and which offer best fits your needs. Here, we’ve included several reputable bottled water franchises for your consideration.
These top bottled water franchises include the WaterStation Technology franchise, Water To Go, Poland Spring, Nestle Waters, Wateria Water Store, Purified Water, and Glaceau Smartwater.
Let’s find out what each of these bottled water franchises is about.
WaterStation Technology Franchise
WaterStation Technology franchise is a water purification company that also produces bottled water among other products. It was founded in 2012 and began franchising the following year.
Since then, the company has witnessed huge growth with over 6,000 units in existence and counting.
Investors seeking franchising opportunities with WaterStation are required to meet certain basic financial requirements. These include liquid capital in the sum of $100,000.
Also, you must have a net worth of the same amount ($100,000). A total investment sum ranging from $297,500 to $1,000,000 is also required.
Water To Go
Water To Go is one of the top bottled water franchises in the United States with franchise openings across all 50 states. It was founded in 1993 and has since grown to over a hundred locations with more still to come.
As a prospective franchisee, you’re required to have liquid capital in the region of $125,000.
Buyers or investors also have access to financing via the franchisor’s third-party agreement. Training is also available to all new franchisees in addition to a variety of support provisions.
Poland Spring is one franchise opportunity that has its origins in Poland. It’s open to investment with certain requirements expected of prospective franchisees.
Of course such includes the financial requirements whose details are supplied in the franchise disclosure document. It’s best to first find out details about their franchise offerings.
Only then will you know whether it’s the right investment opportunity or not. Apart from being a popular brand, franchisees get the needed support they need to succeed.
Upon making contact, you shouldn’t have any difficulties as you’re giving necessary guidance through the application process.
Nestle is an international brand with a presence in over 37 countries. Its bottled water segment is open for franchising opportunities.
As a major brand, you’re confident of its appeal to the market. Investors get to take advantage of the opportunity to join a major franchising brand with endless potentials.
To join the Nestle Waters franchise, prospective franchisees are required to pay an initial franchise fee of $15,000. Royalties consist of about 6% of gross sales.
Other finer details about requirements are included in its franchise disclosure document. You’ll need to start the application process before you’re issued the FDD.
Wateria Water Store
Wateria Water Store is a full-service retail shop that was founded in 1994. Its franchising arm was established three years later in 1997.
Asides from bottled water; the Wateria brand also sells products such as coolers, ice, and many more. Franchisees get the benefit of training which equips them with the right knowledge on how to run their franchise units.
To own a Water Water Store, you’ll have to meet the franchisor’s minimum financial requirements. These consist of a liquid capital requirement of $20,000, and a franchise fee of the same sum.
Also, varying investments are available and range from $125,000 to $130,000.
Purified Water to Go
Purified Water to Go is a franchise opportunity that specializes in bottled water retailing and nutrition stores. It was founded in 1992 and began franchising in 1995.
Prospective franchisees are required to pay an initial franchise fee between $15,000 and $29,500. The initial investment is within the $45,500 to $205,600 range.
The net worth requirement for consideration is about $150,000 while the cash requirement for prospective franchisees is around $25,000 to $40,000.
Another bottled water franchise to invest in is the Glaceau Smartwater.
Since its establishment, the company has steadily built its brand and reputation to be considered a top target for investment. Part of the requirements for investment includes meeting its financial requirements.
Details about all its financial requirements are supplied in its franchise disclosure document. The FDD is only issued after starting the application process.
New franchisees get to benefit from the franchisor’s training program that helps them effectively run or operate their franchise units.
These are some bottled water franchises you can try out. They’re well-known brands that offer you the opportunity of owning your own business and earning a good income.
Your level of success with any of these franchise opportunities will be largely dependent on the work you put in.
Luckily, you’ll get the needed support to succeed.