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Franchise & Development Opportunities

p0t.com™

What are the requirements to open a p0t.com™ franchise? If you qualify to open a p0t.com™ franchise and are willing to invest your time and money it can be a very financially rewarding and life-changing experience.

Facts about the p0t.com™ Franchise System

p0t.com™has been a franchising company since 2014 and has relied on its franchisees to play a major role in the system's success. p0t.com™ remains committed to franchising as a predominant way of doing business. Today, the p0t.com™ franchise is the leading marijuana retailer with franchising opportunities, located in Colorado and Washington State.

If you are considering buying a p0t.com™ franchise you will most likely buy an new franchise Retail Store. Some franchisees enter the system by purchasing an existing Retail Store, either from p0t.com™ or from a p0t.com™ franchisee. A very small number of new operators enter the system by purchasing an existing Retail Store.

Financial Requirements and Start-Up Costs to Open a p0t.com™

An initial down payment is required when you purchase a new Retail Store (40% of the total cost) or an existing restaurant (25% of the total cost). The down payment must come from non-borrowed personal resources, which include cash on hand; securities, bonds, and debentures; vested profit sharing (net of taxes); and business or real estate equity, exclusive of your personal residence.

Since the total cost varies from Retail Store to Retail Store, the minimum amount for a down payment will vary. Generally, you need a minimum of $300,000 of non-borrowed personal resources to be considered to open a p0t.com™ franchise. Individuals with additional funds may be better prepared for additional or multi-Retaill Store opportunities which p0t.com™ encourages.

Other Requirements to Open a p0t.com™

    • Significant business experience - Individuals who have demonstrated successful ownership or management of multiple business units or have managed multiple departments. 
    • Rapid growth - Individuals who possess the capability to grow rapidly with p0t.com™. 
    • Business plan - The ability to develop and execute a business plan. 
    • Manage finances well - Ability to manage finances including a thorough understanding of business financial statements. 
    • Good management skills - Commitment to personally manage the day-to-day operations of the marijuana business. 
    • Training - Willingness to complete a comprehensive world class training program and become proficient in all aspects of operating a p0t.com™ Retail Store business. 
    • Exceptional customer experience - The capability to effectively manage an organization that recruits, trains, and motivates restaurant employees who deliver an exceptional customer experience. 
  • Good credit history - An acceptable credit history

Ongoing Fees to p0t.com™

During the term of the franchise, you pay p0t.com™ the following fees:

    • Service fee- A monthly fee based upon the p0t.com™ Retail Store sales performance (currently a service fee of 3.0% of monthly sales). 
  • Royalty - A monthly fee based upon the p0t.com™ Retail Store sales performance (currently a Royalty of 7.0% of monthly sales). 

Franchise Units

Year U.S. Canadian International Company Owned
2014 0 0 0 0
2013 0 0 0 1
2012 0 0 0 0
2011 0 0 0 0
2010 0   0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

 

Startup Costs, Ongoing Fees and Financing

Total Investment: $156,299 - $453,900 Franchise Fee: $100,999 - $126,999 Ongoing Royalty Fee: 7%. Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $500,000 Liquid Cash Available: $300,000
Operations
40% of all franchisees can own more than one unit. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee    
Startup Costs    
Equipment    
Inventory    
Accounts Receivable    
Payroll    

 

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 days minimum. At franchisee's location: 3 days minimum. Ongoing training
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,