7/10

Franchimp Summary Rating

0 /10
Higher than 100% of peers

Franchise Summary

Description
The "Serotonin" franchise is a diverse intellectual property that explores mental health themes through various media, including literature, film, and video games, focusing on the role of serotonin in mood and behavior. It features well-developed characters facing mental health challenges, aims to educate about these issues, and fosters community engagement while promoting hope and understanding.
Corporate Structure
We are a Florida limited liability company formed on January 27, 2021. We do business under the name “Serotonin”. Our principal business address is 7790 Wintergarden Vineland Rd., Suite 100, Windermere, FL 34786. We do not conduct business under any other name or mark. We have not engaged in any other line of business, have not offered franchises in any other line of business, and began offering franchises on the issuance date of this Disclosure Document.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Medical Practices & Clinics Industry

$1,630,133 / unit

Franchise Type: Standard

Average Revenue During 2022

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Serotonin Franchise System Development in 2024

FAQ

How much investment do I need to start my own Serotonin business?
Franchisees typically require at least $872,284 to $1,788,879 investment to get their Serotonin business started
What are the initial franchise fees for Serotonin?
Franchisees typically need to pay at least $79,390 in fees directly to Serotonin in order to earn the right to launch their business
How much money can I make with a Serotonin franchise? What are the average revenues for a typical Serotonin business?
We haven’t done the math on how much revenue a typical Serotonin brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $1,630,133 revenue, so we would expect Serotonin to generate a similar amount
How long do I need to commit to running a Serotonin unit? What is my contractual commitment?
Serotonin franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

0 /10
The Franchisor's investment costs ranges from $872,284 to $1,788,879 which is Much Higher than the $0 to $0 average in the Medical Practices & Clinics 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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