Waters Edge Wineries® Ranks No. 212 On Inc. Magazine’s List Of Fastest-Growing Companies In California
Innovative Urban Winery Franchise Recognized on Second Annual Inc. 5000 Regionals List, Based on 65 Percent Year-Over-Year Revenue Growth
March 19, 2021 // Franchising.com // RANCHO CUCAMONGA, CA - Waters Edge Wineries®, an innovative urban winery system bringing the cultural experience of wine to communities across the country, today announced it has earned the 212th spot on Inc. magazine’s second annual Inc. 5000 Regionals: California list, which recognizes the most prestigious, fastest-growing, California-based private companies. As part of the annual Inc. 5000 franchise, this regional program provides a closer look at California’s most successful, privately owned businesses and small companies.
“It’s an honor to be acknowledged amongst the most successful privately-owned businesses within California as we continue to introduce urban wineries to new cities across the country,” said Ken Lineberger, president and CEO of Waters Edge Wineries. “Our ranking as part of the Inc. 5000 Regionals: California list highlights the 65 percent revenue growth we have experienced opening five new wineries, and we look forward to introducing new faces into the world of franchising looking to pursue entrepreneurship.”
As an emerging franchise concept, the Waters Edge Winery & Bistro model is ideal for entrepreneurs passionate about wine who seek a way to share their love and knowledge without being in the agriculture business. Each location combines the traditional winery experience with the popular wine bar concept offering bistro-style artisanal selections including appetizers, flatbreads, sandwiches, salads and desserts, custom bottle labeling as personalized gifts, private tasting areas for groups, a wine club and more. Franchise owners receive comprehensive training on the micro-winery tank system and are provided with pre-opening training courses, both hands-on and classroom based, to help prepare for the launch of their winery. The company also offers social media and marketing support to help franchise owners realize success.
“This list proves the power of companies in California no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
The companies on this list show stunning growth rates across all industries in California. Between 2017 and 2019, the 250 private companies ranked had an average growth rate of 535 percent. In 2019 alone, they employed more than 40,000 people and added nearly $7 billion to California’s economy. Companies based in major metro areas - Los Angeles, the Bay Area, and San Diego - brought in the highest revenue overall revenues.
SOURCE Waters Edge Wineries®
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