White Rabbit

Cannabis dispensaries

Investment

$196,000

Initial Franchise Fee

$35,000

Units

1

Growth Rate

+0.0%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Retail
Founded 2013
Franchising Since 2021
Parent Company
Leadership Teresa Chilelli, CEO
# of Employees at HQ
Follow
N/A

Units and Growth Chart

About White Rabbit

White Rabbit was founded in 2013. The brand was created in order to provide a broad selection of medical and recreational products in Lynnwood, Washington, where it is currently headquartered. With a successful retail business largely made possible by the easing of legal restrictions and growing demand, the team began franchising in the first quarter of 2021.

With more states approving medical and recreational marijuana, now could be the time to open a White Rabbit franchise. Loyal White Rabbit customers are key to brand success. An ideal franchisee should fit the White Rabbit brand culture and be willing to follow a proven business model in an effort to create these loyal customers.

Why You May Want To Start a White Rabbit Franchise

Customers may get their "fix" at birthday parties, school fundraisers, weddings, or beach days. Customers may even purchase White Rabbit items online to get their favorite blends sent right to their door. This diversification of product distributions may help your White Rabbit franchise succeed. 

White Rabbit may offer protected territories, potentially allowing franchisees to start a White Rabbit franchise free of worry that other White Rabbit franchisees will enter their market segment.

What Might Make a White Rabbit Franchise a Good Choice?

The team at White Rabbit provides help with licensing, reasonable marketing fees, and full market support. You will also learn how to advertise your brand.

As you decide if opening a White Rabbit franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a White Rabbit franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

White Rabbit may allow absentee ownership, potentially putting you in a position where you can hire someone to run your location in a hands-on manner while you spend your energy elsewhere.

How to Start a White Rabbit Franchise

To be part of the White Rabbit team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

White Rabbit has partnered with third-party financial lenders that may help cover the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll if you meet their qualifications.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the White Rabbit franchising team questions.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a White Rabbit location.

Investment Details

Initial Franchise Fee $35,000
Initial Investment $196,000 - $390,500
Net Worth Requirement $35,000
Cash Requirement $35,000
Royalty Fee 6%
Ad Royalty Fee 1.5%
Technology Fee N/A
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive N/A

Available Territories

Franchising opportunities available in the following regions

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 40 hours
Classroom Training 40 hours

Ongoing Support

Grand Opening
Site Selection

Marketing Support

Social Media

Operations & Requirements

Key operational details and requirements for 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
# of employees required to run N/A
Are exclusive territories available? Yes

Ranking History

White Rabbit performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022