- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$103K - $129K
- Units as of 2024
-
4 0.0% over 3 years
Company Overview
About Wed Society
| Industry | Business Services |
|---|---|
| Related Categories | Advertising Services, Party/Event Services, Miscellaneous Services |
| Founded | 2007 |
| Leadership | Kami Huddleston, Co-founder |
| Corporate Address |
14013 N. Eastern Ave. Edmond, OK 73013 |
| Social | Facebook, LinkedIn, Instagram |
More from Wed Society
Wed Society
Digital, social, and print media for the wedding industry
Who We Are
Wed Society stands out as a unique player in the world of online franchises, catering specifically to the recession-resistant wedding industry. It is the only online franchise specifically focused on the wedding industry, offering a unique and specialized niche in this sector. This exclusivity is not just about being a one-of-a-kind player in the online franchise arena; it’s about tapping into a market with significant revenue potential. Impressively, Wed Society franchisees enjoy an average annual market revenue of over $635,000 through monthly recurring revenue, a testament to the robustness and appeal of their business model. This remarkable figure underscores the thriving nature of the wedding industry and the effectiveness of Wed Society’s approach in harnessing the potential of this market. For entrepreneurs looking to make a mark in the digital franchising space, Wed Society presents not just an innovative business opportunity but also a highly lucrative one, riding on the ever-growing demand for personalized and accessible wedding planning resources.
Wed Society is the heartbeat of the wedding industry. Wed Society owners feature stylish weddings across our four distinct publishing channels that highlight the exceptional talents of local wedding vendors. Through digital, social, print, and in person events, Wed Society is an invaluable resource for thousands of engaged couples who are planning a wedding and a marketing powerhouse for our wedding vendor clients.
Wed Society’s proprietary online system, coupled with influential social channels, acts as a dynamic engine driving business growth for your wedding industry members in each local market. Wed Society also curates an annual, exquisitely produced Book of Weddings, a testament to the artistry and dedication of each community. Our home based franchise owners also host multiple networking events in their community that are not just gatherings but epicenters of opportunity to foster connections and collaboration amongst our vibrant members.
Why You Should Join Us
- Strong Unit Economics: Wed Society is quick to launch, and easy to scale. The average Wed Society market generated more $635,000 annually with low overhead.
- Recurring Revenue: Wedding vendors purchase long-term monthly memberships in your local Wed Society, allowing them access to showcase their work to our audience of engaged couples. The average Wed Society market has 245 corporate members generating steady recurring revenue every month.
- Recession resilient: With more than 2 million weddings in the United States annually, you can enjoy the stability of an industry built on love. Weddings happen regardless of the economy!
- Flexibility and Control: While some concepts promote themselves as “home based”, Wed Society is truly “work from home” with 90% of customer meetings conducted virtually. You are in control of your schedule unlike most franchise concepts.
- World Class Support: Backed by a team of nearly 40, Wed Society owners benefit from comprehensive training, proprietary software, in-market business coaches, national account relationships, and the best practices of an industry leader.
Who We Are Looking For
The ideal candidate for Wed Society franchise ownership are ambitious, and are motivated to create a business that is built to last. We are not wedding planners, and wedding industry experience is certainly not required.
Our local publishers lead the sales and marketing of their business, and often come from a business development or similar background. While we don’t require sales experience, and provide a robust training program, our owners are excited by the prospect of networking with other local small business owners, creating relationships, and building community.
Our owners have a sense of style and an eye for detail. In curating the most inspirational weddings and talented wedding vendors to feature, our owners appreciate the joy that comes from discovering and sharing the best their community has to offer.
If you are an ambitious relationship builder with a keen sense of style, then we should talk!
Business Overview
| Franchising Since | 2023 (1 years) |
|---|---|
| # of employees at HQ | 40 |
| Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
| # of Units | 4 (as of 2024) |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Wed Society 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
|
$45,000 |
|---|---|
|
Initial Investment
|
$103,150 - $129,250 |
|
Net Worth Requirement
|
$200,000 |
|
Cash Requirement
|
$75,000 |
|
Veteran Incentives
|
$10,000 off franchise fee |
|
Royalty Fee
|
8% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
7 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Wed Society has relationships with third-party sources which offer financing to cover the following: startup costs |
|---|
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 | 20 hours |
|---|---|
| Classroom Training | 36 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 1 |
|
Are exclusive territories available?
|
Yes |
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