Hemp Haven Franchise Review

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Hemp Haven is graded based on our most recent FDD research!

Franchise Opportunity Information

Operate a retail store for the sale of Industrial Hemp products.

What is the upfront investment costs to own a Hemp Haven franchise?

Hemp Haven has a franchise fee of up to $15,000, with a overall upfront investment range from $62,000 to $120,000.

  • Initial Franchise Fee: $15,000
  • Total Investment: $62,000 to $120,000
  • Working Capital: $10,000 to $15,000
  • Royalty Fee: 6.0%

The upfront cost of any franchise opportunity includes several fees. Unlock this investment opportunity to better understand the initial costs required to purchase a Hemp Haven, such as territory fees, construction and costs, grand opening marketing, and technology fees. It should be noted that, franchisors are required to disclose all upfront fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay.

Can you Afford a Hemp Haven Franchise. Complete our Affordability Calculator to find out!

How much does a Hemp Haven franchise owner make?

As with any new investment opportunity, there needs to be a reasonable ROI and profit potential. The specific franchise owner's income and the profits from a Hemp Haven business depends on a lot of different factors. One way to validate the potential revenues or profits generated from a Hemp Haven franchise investment is to review the franchisor's Item 19 within their FDD. This is called a financial performance representation. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we have reviewed will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as average gross revenues. This type of financial disclosure is not always helpful to determine profits for you directly. So review overall sales data with caution. As a general rule, usually earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the higher return you could anticipate

For additional information and franchise specific on the profits of a Hemp Haven franchise opportunity, unlock this franchise

How many franchise locations does Hemp Haven franchise system own?

As of the 2019 Franchise Disclosure Document, there are 0 franchised Hemp Haven locations throughout the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Hemp Haven franchises in my state?

Based on 2019 FDD research, Hemp Haven has franchised locations in 0 states. There may be no locations in several states as each franchise plans their development strategy differently.

Based on our research this franchise is growing into new markets and could be available in your city. While planning your franchise purchase, you should be considering what is a good location for my franchise. Anlayze the potential customer base to confirm that your city has a need or want for this franchise.

One of our advisors will have detailed knowledge about this franchise. Unlock to learn more and speak with our advisors.

Last Reviewed: 2019

Hemp Haven Franchise DATA

Total Investment
$62,000 - $120,000
Franchise Fee
$15,000
Franchise agreement
Initial Term
5 Years
Renewal Term
5 Years
Franchise outlet growth
2016
0
2018
0
Ongoing fees
Royalty
6.0%
ad fees
4.0%
# of franchised outlets
0

FAQS

Does this franchise provide any initial training and opening assistance?

Yes, they have an initial training program of 106 hours. This includes 38 hours of classroom training, 68 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 68
Classroom 38
Total 106

Does this franchise provide Territory Protections?

Hemp Haven does NOT offer territory protections. For an explanation of territorial rights, unlock this franchise for more details.

Do they have computer and technology support in place?

No, Hemp Haven does NOT offer comprehensive support for franchisees.


When did Hemp Haven begin franchising?

They began franchising in 2019. The average Other Retail Products and Services franchise began franchising in 2018.


Do they offer lending options?

No, but you can click here to fill out our affordability calculator and understand your financing options.

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