Vint vs FranShares Comparison

Assess their risks, liquidity, investments, returns, timeframes and other terms

Invest in fractionalized fine wine collections and rare spirits

Invest in franchises

38,000 visits/month 900 search keywords
12,000 visits/month 800 search keywords

Investments
$2,500

The minimum amount required to invest in offerings from Vint is set at $2,500.

Investments
$500

The minimum investment in FranShares is $500, funded through ACH or wire transfer.


Moderate Risk
3/5

Investing with Vint carries inherent risks, including market volatility and economic fluctuations that can impact the value of wine and spirits collections. The lack of a secondary market further increases risk by limiting early exit opportunities for investors.

High Risk
4/5

Investing in FranShares involves risks such as market volatility, economic changes, and franchise-specific challenges. Despite efforts to mitigate risks, there's no guarantee of returns, and FranShares' financial health could impact investments.


Minimum Liquidity
1/5

Vint currently does not offer a secondary market for the trading of interests in its wine and spirits collections, which means that investors generally lack immediate liquidity options.

Minimum Liquidity
1/5

While liquidity isn't guaranteed, the platform is developing a secondary market for potential future liquidity opportunities.

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High Return
28.7 %

Vint has achieved a net annualized return of 28.7%, calculated from realized exits of its investment offerings, reflecting the aggregate average performance of the platform's assets under management.

Moderate Return
20 %

FranShares' TNT Franchise Fund Inc., with 55 locations across major U.S. metros, historically generates returns of 20 to 28% EBITDA per location after 16-18 months.


Long-term Investment
1-3 years

Vint's investment time horizon for its collections spans 1 to 3 years on average.

Long-term Investment
5-15 years

Income portfolios target a 10-15 year hold; growth funds aim for a 5-7 year period before selling.


Who can invest
United States

Investment opportunities with Vint are open to accredited investors, who must satisfy certain SEC-mandated financial criteria.

Who can invest
International

FranShares welcomes both accredited and non-accredited investors, focusing mainly on opportunities for non-accredited individuals. The platform also accepts international investors from many countries, depending on the specifics of each offering.


Moderate Volatility
3/5

The wine and spirits market experiences volatility, which can lead to rapid changes in the value of Vint's collections.

Moderate Volatility
3/5

Franchise investments are subject to volatility due to economic shifts, industry trends, and franchise performance. While some franchises may be more resilient, values can fluctuate, posing a risk to investment value in adverse conditions.


Regulation and audits
SEC Regulated

Vint adheres to SEC regulations by providing offering circulars for public investment and undergoes regular audits to maintain financial transparency and regulatory compliance.

Regulation and audits
SEC Regulated

FranShares employs SEC regulations A+, D, and CF for its investment offerings, creating structures with a main investment vehicle and subsidiaries for each franchise brand, possibly including locations or groups of locations.


Insurance
Yes

Vint's investment assets are professionally stored and fully insured, with a strategic focus on location, primarily in the UK and additional facilities in the US, to align with potential sale markets.

Insurance
Yes

FranShares' insurance covers physical damages or losses to franchises but does not protect against market fluctuations, economic downturns, or fraud. Coverage limits may not fully reflect market values, meaning insurance does not eliminate all investment risks.


Payouts
No Recurring Payouts

Vint does not issue regular dividends; returns are generated from the sale of assets at a gain.

Payouts
Dividends

FranShares plans to distribute excess cash flow to investors 12 to 18 months after each offering closes, with distributions expected quarterly. The frequency can vary (quarterly, semi-annual, or annual) based on the specific offering.


Withdrawals

Investors receive funds from Vint after a collection is sold and proceeds are distributed, less any applicable fees.

Withdrawals

Investors in FranShares can receive their investment back through the sale of franchises, targeted within 5-15 years depending on the fund type. Upon sale, net proceeds are distributed to investors based on their fund ownership share.


Extra Fees
Yes

Vint applies a transaction fee of 2.85% on both the purchase and sale of wine shares, encompassing costs for acquisition, storage, insurance, and selling. Additionally, there is a spread fee of 1.5% applied to the transactions of wine shares.

Extra Fees
Yes

FranShares charges a 1% to 3% annual management fee and possibly a performance fee, detailed in each offering's documents. No management fees are charged for the "TNT Franchise Inc." offering.


Taxes
Tax Form

After a collection sale, Vint issues pro-rata proceeds to shareholders and provides a 1099-DIV for tax reporting, prioritizing the settlement of any liabilities first.

Taxes
Annual Statement

FranShares investors may owe capital gains taxes on profits from share sales and pay taxes on dividends, classified as ordinary or qualified based on holding periods and individual tax situations.

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