Similar to most other franchise agreements, there is a 1 time franchise fee, royalty fees based on revenues, and miscellaneous fees for marketing construction management, financial management and more. The entire fee structure will be explained during the vetting process. You can find a breakdown of the initial investment on the Startup Costs page.
Our business operates like any traditional franchise. Far & Dotter is licensed in legal medicinal and adult-use cannabis states to franchise, our franchise disclosure document (FDD) has been approved and our franchise team is ready to add another unit.
All the benefits and support that franchise partners expect with any other franchise concept are available with Far & Dotter. Whether it’s training employees and navigating cannabis tax regulations or site selection and implementing standard operating procedures (SOPS), we offer a wider array of support than most franchise companies in order to help our franchise partners conquer hurdles unique to cannabis. The support Far & Dotter offers is the company’s principal value to its franchise partners: To Inspire entrepreneurs and strengthen their path to success by providing support, established processes, and effective communication.
39 states now has some form of cannabis legalization. Click here to view a current map of medical and recreational cannabis states.
Because it is illegal to transport cannabis across state lines, each state will have a different variety of products and brands available. Far & Dotter takes quality very seriously as it is a key pillar of our brand to provide safe, reliable, and effective products to our customers. We will leverage our relationships in the cannabis industry to connect you with vendors that meet our quality standards in addition to supporting you in forging new relationships with local operators.
If your store has a holistic pharmacy, we will provide a list of approved vendors that will comprise 80% of your inventory. The remaining 20% can be filled by products you identify as local favorites that also meet our quality standards.
There are several costs that go into opening a Wellness Center, including a lease, construction, design, inventory costs, staffing, a franchise fee and more. Click here to see the full list of anticipated costs.
We’re excited to meet you! Click the link below, fill out the short contact form and we’ll be in touch to set up an initial call.
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This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only. The states of California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, South Dakota, Virginia, Washington, and Wisconsin regulate the offer and sale of franchises. If you are a resident of one of these states, or seeking a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. New York residents: This advertisement is not an offering. An offering can only be made by a prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law.