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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$57K - $196K
Units as of 2017
8 100.0% over 3 years

Company Overview

About Sondermind

Founded
2013
Parent Company
SM Franchising LLC
Leadership
Sean Boyd, CEO

Franchising Overview

Franchising Since
2013 (9 years)
# of employees at HQ
5
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
8 (as of 2017)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
1401 17th St., #360
Denver, CO 80202

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Sondermind 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 - $35,000
Initial Investment
$56,800 - $195,500
Net Worth Requirement
$150,000
Cash Requirement
$100,000
Royalty Fee
6%/8%
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.

Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No
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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