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weGrow Store

At a Glance

Products & Services: Hydroponic equipment

Number of Locations: 3

Total Investment: $166K - $454.3K

Founded: 2009

Began Franchising: 2011

Franchise Units

Year U.S. Canadian International Company Owned
2011 2 0 0 1
2010 N/A N/A N/A 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $166,000 - $454,250
Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $350,000
Operations
50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is allowed..

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, National media,
Other marketing support: PR

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