Your CBD Store (SUNMED)
Retail & Consumer Goods · Cannabis Dispensaries
- Active units
- 275
- Royalty
- 2.0%
Franchised, year-end 2023
of weekly Net Sales
About Your CBD Store (SUNMED)
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$20k
- Multi-unit pricing credits
Under 3-unit plan: $20,000 first, $15,000 second, $10,000 third; $10,000 per additional unit thereafter
- Brand fund
3.0% of Net Sales
- Local advertising
3.0% of Net Sales
- Footprint
800 – 1,200 sq ft
- Multi-Unit Development Agreement (3 Franchised Locations)
$45k
- Each additional Franchised Location beyond first three
$10k
- Veteran discount
50.0% off franchise fee — 50% reduction for active duty/retired U.S. military or active public safety personnel on the first store (or first under a Multi-Unit Development Agreement)
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations275
Franchised units open at year-end
- New openings33
Gross new units opened during the calendar year
- 1-year unit growth rate-7.7%
Net unit growth versus prior year
- 3-year unit CAGR1.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.5×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$123k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open3 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate2.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.