General

Industry

Retail Products and Services

Category

Specialized

SBA Identifier

Year of Founding

2017

Fees

Marketing Fee

$800 per month

Royalty Fee

0

Franchise Fee

$0-$10,000

Investment Range

$40K-$132K

Location units

Total U.S. Locations

129

U.S. Franchised Units

127

U.S. Corporate Units

2

Headquarters (City)

Kansas City

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2018

Issuance of FDD Data

07/23/2019

What to know about Cbd American Shaman franchise?

The franchise offered by AMERICAN SHAMAN FRANCHISE SYSTEM, INC. is for the establishment and operation of a business that will conduct a retail establishment that offers certain "Industrial Hemp Derived" based products to the public under the name "CBD AMERICAN SHAMAN".

Cbd American Shaman is based in Kansas City, MO. Scroll down to learn more!

How much does a Cbd American Shaman franchise cost?

Are you wondering how much is a Cbd American Shaman franchise? Before starting a Cbd American Shaman franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Cbd American Shaman franchise is $39,600 and can go all the way up to $131,800. Keep in mind, you should also allocate additional funds to live off of while the Cbd American Shaman business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Cbd American Shaman franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Cbd American Shaman business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Cbd American Shaman franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare Cbd American Shaman. Hotels to the Specialized, Outdoor Retail Products and Services industry.

Additional Details

How much does a Cbd American Shaman franchise owner make?

Cbd American Shaman franchise earnings and revenue can vary significantly from one franchisee to another.
The Cbd American Shaman franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Cbd American Shaman unfortunately does not disclose financials on how much Cbd American Shaman franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Cbd American Shaman does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Cbd American Shaman franchisees. Do note that Cbd American Shaman is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Cbd American Shaman franchisees to understand how much money they are making from their Cbd American Shaman business.

You should also speak to former Cbd American Shaman franchisees to understand why they left the system. Did they sell their Cbd American Shaman at a profit? Were they forced to close their Cbd American Shaman franchise down because it kept losing money?

What is the Cbd American Shaman franchise fee?

Owning a Cbd American Shaman franchise requires 0% royalty fee and $800 per month marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Cbd American Shaman Franchise Disclosure Document

Keep in mind, there is also an initial Cbd American Shaman franchise fee of $0 that is included in the initial investment amount of $39,600 to $131,800. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Cbd American Shaman franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Cbd American Shaman franchise fee of $0.

Visit the Cbd American Shaman metrics tab to explore the financials for this business, royalty and marketing fees compare to other Retail Products and Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Cbd American Shaman founded?

Cbd American Shaman started offering franchises in 2018. Cbd American Shaman was founded 5 years ago in 2017.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Cbd American Shaman locations are in the U.S.?

As of 2019, there were 127 locations across the U.S. There are also 2 corporate locations. Most Retail Products and Services franchises like Cbd American Shaman have more franchised locations than corporate locations.

How many Cbd American Shaman franchises opened over the past few years?

Over the prior 3 years we have data for, Cbd American Shaman has opened 128 outlets throughout the U.S. Visit the Cbd American Shaman metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Cbd American Shaman franchises closed over the past few years?

Over the prior 3 years we have data for, Cbd American Shaman has closed 1 outlets throughout the U.S

Visit the Cbd American Shaman metrics tab to explore how the openings compare to other Retail Products and Services franchises.

Is Cbd American Shaman growing? Are they opening more locations than they are closing?

The net unit growth rate for Cbd American Shaman over the past 3 years is 0%. Over the last year we have data for, Cbd American Shaman had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Cbd American Shaman growth rate compares to 2,000+ other franchises and Industry franchises like Cbd American Shaman. More info in the Cbd American Shaman metrics tab.

Is Cbd American Shaman franchise eligible for an SBA Loan?

Cbd American Shaman is not eligible for SBA loans including the 7(a) loan last time we checked.

Cbd American Shaman franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Cbd American Shaman that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Cbd American Shaman a franchise in the United States?

According to the SBA, Cbd American Shaman does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Cbd American Shaman provides you with an FDD if you are in discussion to buy a Cbd American Shaman

What is the Cbd American Shaman Franchise for Sale Rate?

The Cbd American Shaman systemwide health and franchisee satisfaction can be measured by the Cbd American Shamanfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Cbd American Shaman franchise for sale rate over the past 3 years is 2%. Over the last year we have data for, Cbd American Shaman had a franchise for sale rate of 2%.

Without a comparison, this number doesn’t mean much. Compare how the Cbd American Shaman franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Cbd American Shaman. More info in the Cbd American Shaman metrics tab.

What is the Cbd American Shaman Franchise Failure Rate?

Cbd American Shaman franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Cbd American Shaman failure rate over the past 3 years is 1%. Over the last year we have data for, Cbd American Shaman had a franchise failure rate of 1%.

Without a comparison, this number doesn’t mean much. Compare how the Cbd American Shaman franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Cbd American Shaman. More info in the Cbd American Shaman metrics tab.

How can I find out more details on Cbd American Shaman franchise?

Visit the Cbd American Shaman metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Cbd American Shaman

$85,700

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Cbd American Shaman

0

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Cbd American Shaman

$5,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Retail Products and Services

Category

Specialized

SBA Identifier

Year of Founding

2017

Fees

Marketing Fee

$800 per month

Royalty Fee

0

Franchise Fee

$0-$10,000

Investment Range

$40K-$132K

Location units

Total U.S. Locations

129

U.S. Franchised Units

127

U.S. Corporate Units

2

Headquarters (City)

Kansas City

Other

Item 19 - Franchise Financials

No

Financing Availability

-

Started Offering Franchises

2018

Issuance of FDD Data

07/23/2019

Detailed Franchise metrics for Cbd American Shaman

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Cbd American Shaman below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Cbd American Shaman

0%

0%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Cbd American Shaman

NA

2%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Cbd American Shaman

NA

1%

Industry median

All franchises median

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Business details

Company Name

AmericanShamanFranchise.com

Business email

**********@******.com

Mailing address

2300 Main, Suite 165

State headquarters

Missouri

Owner Name

Cbd American Shaman

Phone

+1 (000) 0********00

City

Kansas City

Zip code

64108
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