Wine Bar Restaurant Plans To Sell Franchises

Daytona Beach News-Journal:

With six months of success under their belts, partners Adam Barringer and Michael Kosmas are ready to share their secret with others and turn their wine bar and restaurant into a big-time franchise.

SoNapa, situated on the eastern portion of the Indian River Village shopping center, showed a positive cash flow from Day One and is already profitable, Barringer said.

And, if their paperwork is in place, they could be selling franchises as early as next week.

“This is our chance to grow nationally, with other people’s money,” Barringer said.

The two say their combined business expertise, the initial success of SoNapa’s first location and the absence of head-to-head competition will translate into profits for them and for the people who invest in the concept.

“We have a unique approach,” Kosmas said. “We have a full menu, a retail wine store, a wine bar and a membership club. And it costs less to get into this business than into a Subway (restaurant).”

One national franchising expert said the SoNapa owners need a longer track record before they start selling franchises.

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