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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$185K - $316K
Units as of 2021
2 100.0% over 3 years

Company Overview

About Awakenings

Industry
Retail
Related Categories
Miscellaneous Retail Businesses
Founded
2017
Parent Company
Awakenings Enterprises
Leadership
Eric Abts, CEO

Franchising Overview

Franchising Since
2021 (1 years)
# of employees at HQ
18
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
2 (as of 2021)

Franchisor Information

Corporate Address
3506 N. 147th St., #101
Omaha, NE 68116

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Awakenings franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$184,845 - $315,500
Net Worth Requirement
$300,000
Cash Requirement
$200,000
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
25 hours
Classroom Training
17 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Lease Negotiation
Site Selection
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
5
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021