Your CBD Store offers CBD products for wellness, providing natural and hemp-derived options to promote relaxation and support overall well-being.
KEY FRANCHISE STATS
Franchisees
?
291
+
81%
81%
Franchise fee
?
$20,000
Investment
?
$93,000 - $149,000
Revenue (AUV)
?
Undisclosed
$0
+
n.a.
n.a.
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Your CBD Store, operating under the SUNMED brand, presents a standout franchising opportunity in the booming CBD market. Established in 2018 by a visionary entrepreneur, the brand has rapidly grown into a nationwide network of franchise locations, becoming a leader in the industry within just a few years.
Specializing in premium hemp-derived products, Your CBD Store offers an extensive selection, including tinctures, edibles, skincare items, and pet products. All products are crafted using American-grown hemp, ensuring consistent quality and a superior experience for customers.
Based in Florida, Your CBD Store launched its franchising program in 2018, earning widespread acclaim for its innovative business model and exceptional product standards.
Initial investment
The initial investment required for a Your CBD Store franchise is
$93,000 - $149,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$20,000
Trade Area Analysis Fee
$2,500
Rent (3 months)
$2,500 – $7,500
Security Deposit
$2,500 – $7,500
Real Estate and Improvements
$5,000 – $10,000
Travel and Living Expenses while Training
$2,000 – $4,000
Furnishings, Fixtures, Equipment and Decorating
$10,000 – $15,000
Signage
$3,000 – $6,500
Opening Inventory
$20,400 – $25,500
Computer Hardware/Software
$2,000 – $3,500
Technology Fee
$1,050
Grand Opening
$10,000 – $15,000
Professional Fees
$1,000 – $2,500
Insurance
$600 – $1,500
Miscellaneous Opening Costs
$750 – $1,500
Additional Funds – 3 months
$10,000 – $25,000
Total Estimated Initial Investment
$93,000 – $149,000
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Type of Expenditure
Amount
Initial Franchise Fee
$20,000
Trade Area Analysis Fee
$2,500
Rent (3 months)
$2,500 – $7,500
Security Deposit
$2,500 – $7,500
Real Estate and Improvements
$5,000 – $10,000
Travel and Living Expenses while Training
$2,000 – $4,000
Furnishings, Fixtures, Equipment and Decorating
$10,000 – $15,000
Signage
$3,000 – $6,500
Opening Inventory
$20,400 – $25,500
Computer Hardware/Software
$2,000 – $3,500
Technology Fee
$1,050
Grand Opening
$10,000 – $15,000
Professional Fees
$1,000 – $2,500
Insurance
$600 – $1,500
Miscellaneous Opening Costs
$750 – $1,500
Additional Funds – 3 months
$10,000 – $25,000
Total Estimated Initial Investment
$93,000 – $149,000
Franchise Disclosure Document
Below is Your CBD Store's 2023 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Your CBD Store had 291 total units in 2023, of which 291 were franchised-owned and 0 company-owned.
Your CBD Store provides franchisees with a structured training program designed to equip them for success. The training includes the following components:
Classroom Instruction: Covers operational procedures, sales techniques, customer service protocols, and detailed product knowledge to familiarize franchisees with the brand’s standards and offerings.
On-the-Job Training: Provides practical, hands-on experience in a real store environment, allowing franchisees to apply the knowledge gained during classroom sessions.
Ongoing Support: Includes continued education opportunities and guidance to address operational challenges and stay updated on new products or policies.
Territory Protection
Your CBD Store offers territory protection to its franchisees, ensuring they have exclusive rights to operate within a defined geographical area. This protection prevents other Your CBD Store locations from opening within the specified territory, fostering a competitive advantage for the franchisee.
The size and boundaries of the territory are typically determined during the franchise agreement, based on factors like population density and market potential.
This territorial exclusivity helps franchisees focus on building their customer base without concerns about internal competition.
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