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The Perfect Hempirezee |
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Financial Requirements |
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Conversions |
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Our Process |
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Application |
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Why Buy A Franchise |
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FAQs |
FINANCIAL REQUIREMENTS FOR NEW FRANCHISEES: |
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Non-refundable initial franchise fee of $20,000 | |
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Ongoing royalties: 5% of monthly gross revenue | |
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Minimum local store marketing requirement: 2% of monthly gross revenue | |
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National/Co-Op advertising fund: 1% of monthly gross revenue | |
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Approx. initial investment of $60-$100K** includes franchise fee, training, store build-out, design and fittings, opening inventory, signage & grand opening marketing kit | |
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Additional working capital is recommended for Year 1 of $35-$45K | |
**You may qualify for a small business loan to help finance fixed assets such as store fittings and opening inventory. The initial franchise fee is not financeable by a small business loan. Consult your banker for more details. If you are comfortable with the above financial profile, welcome to the second step to becoming a HempireZEE. |
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