This company's data may be out of date.
- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$57K - $196K
- Units as of 2017
-
8 100.0% over 3 years
Company Overview
About Sondermind
- Industry
- Business Services
- Related Categories
- Miscellaneous Business Services, Business Coaching & Consulting, Postal & Business Centers
- 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
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
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineLease NegotiationField 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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