- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$79K - $127K
- Units as of 2021
-
5 400.0% over 3 years
Company Overview
About Elevated Wellness
Industry | Health & Wellness |
---|---|
Related Categories | CBD, Miscellaneous Health Products |
Founded | 2018 |
Parent Company | Elevated Wellness Franchise LLC |
Leadership | Kush Patel, CEO |
Corporate Address |
4700 W. Guadalupe St., #A6 Austin, TX 78751 |
Social |
Business Overview
Franchising Since | 2021 (4 years) |
---|---|
# of employees at HQ | 4 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 5 (as of 2021) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Elevated Wellness 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
|
$25,000 |
---|---|
Initial Investment
|
$78,650 - $127,200 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
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 | 31-47.5 hours |
---|---|
Classroom Training | 10.5 hours |
Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
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 |
Are exclusive territories available?
|
Yes |
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