Franny's Farmacy
CBD products and accessories- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$207K - $363K
- Units as of 2023
-
12 50.0% over 3 years
Company Overview
About Franny's Farmacy
Industry | Health & Wellness |
---|---|
Related Categories | CBD,Miscellaneous Health Products,Miscellaneous Retail Businesses |
Founded | 2018 |
Parent Company | Franny's Franchising |
Leadership | Tynesha Carden, Business Development |
Corporate Address | 231 Biltmore Ave. Asheville, NC 28801 |
年代ocial | Facebook,Instagram,YouTube,Pinterest |
Business Overview
Franchising Since | 2019(4 years) |
---|---|
# of employees at HQ | 20 |
Where seeking | This company is offering new franchisees throughout the US. |
# of Units | 12(as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Franny's Farmacy franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$40,000 |
---|---|
Initial Investment |
206600 - 362500美元 |
Cash Requirement |
171000 - 250000美元 |
Veteran Incentives |
10% off franchise fee |
Royalty Fee |
6% |
Ad Royalty Fee |
1% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
年代ome franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Franny's Farmacy offers in-house financing to cover the following: inventory, accounts receivable |
---|---|
Third Party Financing | Franny's Farmacy has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 48 hours |
---|---|
Classroom Training | 22 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
年代ecurity & Safety Procedures
Lease Negotiation
Field Operations
年代ite Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
年代ocial Media
年代EO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
是独家特里tories available? |
Yes |
Interested in ownership opportunities like Franny's Farmacy? Request a free consultation with a Franchise Advisor now.
Additional Rankings
Curious to know where Franny's Farmacy ranked on other franchise lists? Find out below.
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