About Franny's Farmacy Franchise
Franny's Farmacy is a wellness retail franchise that has been franchising since 2019.
The brand specializes in hemp derived CBD products, natural remedies, and plant based wellness items.
Each location offers a curated shopping experience with knowledgeable staff who help customers find products suited to their health and wellness goals.
Franny's Farmacy Franchise Cost & Fees
Minimum Investment
$136K
Average Investment
$230K
Maximum Investment
$324K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $27,500 | One-time payment upon signing |
| Royalty Fee | $500 per month for the first 6 months; 3% of gross sales or $500 per month, whichever is greater, beginning 7th month of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of gross sales (Marketing Fund Contribution); 2% of gross sales (Local Marketing, if established); up to 5% of gross sales (Market Cooperative Contribution, if established) | National brand fund |
| Total Investment Range | $135,950 – $323,650 | Includes build-out, inventory, working capital |
The investment range of $136K–$324K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty ($500 per month for the first 6 months; 3% of gross sales or $500 per month, whichever is greater, beginning 7th month) and marketing fee (1% of gross sales (Marketing Fund Contribution); 2% of gross sales (Local Marketing, if established); up to 5% of gross sales (Market Cooperative Contribution, if established)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $27,500 | $27,500 |
| Rent and Lease Security Deposit (see Note 2) | $1,000 | $8,000 |
| Rent and Lease (for first 3 months) | $0 | $8,000 |
| Location Specific Design Plan | $3,850 | $3,850 |
| Utilities | $250 | $1,000 |
| Leasehold Improvements | $10,000 | $40,000 |
| Market Introduction Program – Franchise Launch Campaign | $9,000 | $15,000 |
| Furniture, Fixtures, Equipment, Retail Displays and Signage | $30,000 | $65,000 |
| Computer Systems and Software | $800 | $1,200 |
| Insurance | $250 | $2,500 |
| Office Expenses | $500 | $1,000 |
| Inventory | $30,000 | $50,000 |
| Licenses and Permits | $400 | $1,000 |
| Dues and Subscriptions | $200 | $400 |
| Professional Fees (lawyer, accountant, etc.) | $1,500 | $3,000 |
| Travel, lodging and meals for initial training | $700 | $1,400 |
| Additional Funds (for first 3 months) (See Note 3) | $20,000 | $35,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 plus any broker fees and other out-of-pocket costs |
| Renewal Fee | None (initial franchise fee) |
| Technology Fee | $233 per month (Software Subscription) |
| Audit Fee | Our actual costs (if franchisee fails to submit reports, is non-compliant, or under-reports gross sales by more than 3%) |
| Replacement / Additional Training Fee | $500 Per Day |
| Third Party Vendors | Pass-through of costs, plus reasonable administrative charge. Currently, none. |
| Non-compliance fee | $500 (initial), $250 per week (thereafter) |
| Reimbursement | Amount that we spend on your behalf, plus 10% |
| Late Fee | $100 plus interest on the unpaid amount at a rate equal to 18% per year |
| Insufficient Funds Fee | $30 |
| Costs of Collection | Our actual costs |
| Special Support Fee | Our then-current fee, plus our expenses. Currently, $500 per day. |
| Customer Complaint Resolution | Our expenses |
| Special Inspection Fee | Currently $600, plus our out-of-pocket costs |
| Non-Compliance Cure Costs and Fee | Out out-of-pocket costs and internal cost allocation, plus 10% |
| Indemnity | Our costs and losses from any legal action related to the operation of your franchise |
| Prevailing Party’s Legal Costs | Our attorney fees, court costs, and other expenses of a legal proceeding, if we are the prevailing party |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 57 hours (9 classroom, 48 on-the-job) |
| Classroom Training | 9 |
| On-the-Job Training | 48 |
| Training Location | Asheville, NC |
| Additional Training | Ongoing training classes are scheduled 3-6 times per year at our offices and business locations in North Carolina, based on franchisee needs. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Generally a 3-mile radius in urban areas or a 5-mile radius in rural areas. |
| Description | Franchisee will not receive an exclusive territory but a protected territory where the franchisor will not establish company-owned or franchised outlets selling the same or similar goods/services under the same/similar trademarks. Non-Traditional Locations are excluded from the territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Additional 5-year terms |
| Renewal Fee | None (initial franchise fee) |
| Renewal Conditions | Notice of intent to renew (90-180 days prior to term end), compliance with all contractual obligations, renovation to then-current standards, signing then-current franchise agreement and related documents (including personal guaranty), and executing a general release. |
| Transfer Fee | $10,000 plus any broker fees and other out-of-pocket costs |
| Transfer Conditions | Franchisor approval required; buyer meets standards, is not a competitor, signs current agreements, provides guaranty, completes training; franchisee is in compliance and has paid all monetary obligations; franchisee and transferee execute general release; business complies with current system specifications. |
| Termination for Cause | Non-payment (10-day cure); material breach (30-day cure); misrepresentation, false information, bankruptcy, loss of location, violation of law/confidentiality/non-compete/transfer restrictions, slander/libel, refusal to cooperate with inspection/audit, dangerous operations (48-hour cure), three defaults in 12 months, cross-termination, felony conviction/accusation. |
| Non-Compete Period | During the term of the franchise agreement and for two years after termination or expiration. |
| Non-Compete Details | During the term, franchisee, owners, and spouses cannot have ownership interest in, or be employed by, any competitor. Post-term, this restriction applies within five miles of the former territory or any other Franny’s Farmacy business operating on the date of termination. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | You are not required to personally participate in the direct operation of your business, but it is recommended. A Principal Executive must be designated, own at least 10% of the business, complete initial training, and devote substantial time and attention to the business. On-premises supervision by the Principal Executive or a general manager who completed training is recommended but not required. |
| Required Suppliers | Our affiliate, Franny’s Distribution, Inc., is the only approved supplier for all inventory, CBD products, and supplies. |
| Supply Restrictions | Franchisor has the right to require purchase or lease of all goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, real estate, or comparable items from franchisor, its designee, or approved suppliers, or according to franchisor specifications. Inventory and CBD products must be purchased from Franny's Distribution Inc. |
| Franchisor Revenue from Suppliers | $519,964 (37% of Franny’s Distributions’ total revenue) in 2021 from required purchases/leases by franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct financing. We do not guarantee your note, lease or obligations. |
Franny's Farmacy Franchise Earnings — Item 19
Average Revenue
$401K
Median Revenue
$401K
Revenue Range
$354K – $447K
Sample Size
2 units
Past financial performance does not guarantee future results. Individual results will vary.
Franny's Farmacy Litigation & Risk Flags
Clean Litigation RecordFranny's Farmacy has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Franny's Farmacy System Growth
Total Units
9
Franchised
6
Company-Owned
3
Franny's Farmacy currently operates 6 franchised locations and 3 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 3 | 2 | 4 |
| 2020 | 3 | 0 | 7 |
| 2021 | 3 | 1 | 9 |
Transfers: 0 | Closures: 3
Public Figures (Item 18)
The following public figures are associated with this franchise: Frances Tacy
State Registrations
Registered in 14 states: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Franchisor Financials (Item 21)
Revenue
$103K
Net Income
$-37,140
Total Assets
$124K
Audited by REESE CPA LLC for year ending December 31.
Franny's Farmacy Franchise — FAQ
The total investment to open a Franny's Farmacy franchise ranges from $135,950 to $323,650, per their Franchise Disclosure Document. This includes the initial franchise fee of $27,500. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Franny's Farmacy charges a royalty fee of $500 per month for the first 6 months; 3% of gross sales or $500 per month, whichever is greater, beginning 7th month of gross sales, plus a 1% of gross sales (Marketing Fund Contribution); 2% of gross sales (Local Marketing, if established); up to 5% of gross sales (Market Cooperative Contribution, if established) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Franny's Farmacy Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Franny's Farmacy to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Franny's Farmacy franchise owners report average revenue of $401K and median revenue of $401K. This is based on a sample of 2 units. Past performance does not guarantee future results.
Franny's Farmacy has been franchising since 2019. The FDD shows an investment range of $135,950-$323,650, a $500 per month for the first 6 months; 3% of gross sales or $500 per month, whichever is greater, beginning 7th month royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $27,500 and the total investment ranges from $135,950 to $323,650 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Franny's Farmacy and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Franny's Farmacy or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com