Franchimp Summary Rating
Higher than 100% of peers
Franchise Summary
Description
The franchised business being offered is “Sunmed™” and “YOUR CBD STORE®”, a retail store featuring herbal, dietary, and nutritional supplements containing lawful
CBD and/or “Cannabinoids” from industrial hemp and non-hemp derived herbal, dietary, and nutritional supplements.
Company Background
Your CBD Store(TM) is a franchise opportunity for entrepreneurs interested in taking advantage of the growing demand for cannabidiol (CBD) products. As the first franchised retail store to offer customers hemp-derived CBD, Your CBD Store(TM) offers an exciting new business opportunity that will allow you to capitalize on this burgeoning market. With over 100 potential locations available across the country, there is no better time than now to become a franchisee with Your CBD Store(TM)!
Franchise Opportunity
As a consumer, you want to purchase products that are safe and effective. You also want to know the source of your CBD product is legal, safe, and beneficial. The medicinal benefits of cannabidiol (CBD) have been known for years but it has only recently become popular in mainstream culture due to its ability to relieve various ailments without any side effects or addictive properties. Your CBD Store(TM) provides consumers with access to high quality hemp-derived cannabidiol (CBD) products from an extensive line of trusted brands at affordable prices all under one roof. Our proprietary store design allows customers easy navigation through our wide selection of top rated CBD oil tinctures, vapes/e-liquids/cartridges, edibles & gummies as well as other health supplements available at competitive pricing for both retail and wholesale customers alike!
Corporate Structure
The franchisor is Your CBD Stores Franchising, LLC, a Florida limited liability company located at 600
8th Avenue W., Suite 500, Palmetto, Florida 34221
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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Distribution of SunMed - Your CBD Stores Franchisees
SunMed - Your CBD Stores Franchise System Development in 2017
FAQ
How much investment do I need to start my own SunMed - Your CBD Stores business?
Franchisees typically require at least $95,800 to $151,050 investment to get their SunMed - Your CBD Stores business started
What are the initial franchise fees for SunMed - Your CBD Stores?
Franchisees typically need to pay at least $41,450 in fees directly to SunMed - Your CBD Stores in order to earn the right to launch their business
How much money can I make with a SunMed - Your CBD Stores franchise? What are
the average revenues for a typical SunMed - Your CBD Stores business?
We haven’t done the math on how much revenue a typical
SunMed - Your CBD Stores brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
SunMed - Your CBD Stores to generate a similar amount
How long do I need to commit to running a SunMed - Your CBD Stores unit? What
is my contractual commitment?
SunMed - Your CBD Stores franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$3,373,725 to $5,054,640
which is
Much Higher
than the $0 to $0 average in the Building & Construction industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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