CBD American Shaman franchise
2024 filing · May 22, 2024Fewer locations
CBD American Shaman at a glance
A CBD store selling the brand's hemp-derived products. At the end of 2023 there were 212 CBD American Shaman locations in the US, 169 franchised and 43 company-owned.
The business
- Franchisor
- American Shaman Franchise System, LLC
- The company that sells the franchises
- Franchising since
- 2018
- 6 years of selling franchises
- Franchisor based in
- North Kansas City, Missouri
- Typical size
- 1,000–1,500 sq ft
What you pay
- Cost to open
- $88K–$184K
- Fee, build-out and opening working capital
- Franchise fee
- $10,000
- Paid once, when you sign
- Royalty
- None at present
- No royalty at present; the franchisor may set one of up to 6% of gross revenue on 90 days' notice
- Brand fund
- Yes
- $800.00 a month
- Agreement length
- 5 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 212
- Franchised and company-owned
- Franchised
- 169
- Company-owned
- 43
- Change in 3 years
- −130
- Franchised locations, 2021–2023
- States
- 24
- Most in Texas, Kansas and Missouri
Support and records
From American Shaman Franchise System, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
CBD American Shaman among all franchises with the same figure.
| Figure | CBD American Shaman | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $136,250 | Costs less than 80% of franchises |
| Franchise feePaid once, when you sign | $10,000 | Lower than 95% of franchises |
| US locationsFranchised and company-owned | 212 | More than 87% of franchises |
How much a CBD American Shaman franchise costs
Opening one CBD American Shaman costs an estimated $88,100 to $184,400. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are franchise location build out and leasehold improvements ($25,000 to $75,000) and additional funds—3 months ($15,600 to $31,800). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $10,000 | ||
| Franchise Agreement Reserve Deposit | $5,000 | ||
| Real property lease security deposit and one month’s rent | $1,800 | $10,000 | |
| Franchise Location build out and leasehold improvements | $25,000 | $75,000 | |
| Furniture, fixtures, and equipment | $4,000 | $10,000 | |
| Signage | $3,500 | $10,000 | |
| Opening inventory | $20,000 | $25,000 | |
| Training period payroll and travel and living expenses | $2,000 | $4,000 | |
| Governmental permits and licenses | $500 | $1,500 | |
| Utility deposits | $100 | $300 | |
| Insurance premiums (three months) | $600 | $1,800 | |
| Additional funds—3 months | $15,600 | $31,800 | |
| Total | $88,100 | $184,400 | |
Source: American Shaman Franchise System, LLC, 2024 filing, page 22
CBD American Shaman franchise fee
The franchise fee is $10,000. You pay it when you sign the franchise agreement.
Source: American Shaman Franchise System, LLC, 2024 filing, page 13
Royalty and ongoing fees
| Royalty | No royalty at present; the franchisor may set one of up to 6% of gross revenue on 90 days' notice. |
|---|---|
| Brand or marketing fund | $800.00 a month. |
| Technology Fee | Amount in Fee Schedule. Currently $200 per month. |
| Additional Training Fee | To be determined by us, but not to exceed $500 per person. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: American Shaman Franchise System, LLC, 2024 filing, pages 14 and 16
Other fees as filed, from pages 16–19. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures CBD American Shaman does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: American Shaman Franchise System, LLC, 2024 filing, page 54
Growth and closures
Share of franchised locations, 2023 / 2021–2023. Typical means the median: half of brands are above it, half below.
| Measure | CBD American Shaman | Typical health and wellness brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −18% / −43% | +6.7% / +23% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 21% / 53% | 6.3% / 29% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0.5% / 1.7% | 0% / 0% | 0% / 0% |
Typical health and wellness brand is the median of the 57 brands in health and wellness franchises with three years of counts.
How CBD American Shaman compares
Of the 199 health and wellness franchises on this site, CBD American Shaman is the 26th cheapest to open and the 13th largest by number of locations.
| Figure | CBD American Shaman | Typical health and wellness brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $88K | $224K | $222K |
| Cost to open, high end | $184K | $498K | $477K |
| Franchise fee | $10K | $45K | $40K |
| US locations | 212 | 10 | 21 |
| Shares earnings figures | No | 125 of 199 | 2,147 of 3,352 |
Typical is the median across the 199 brands in health and wellness franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 241 (−58) | 47 | +17 | −75 |
| 2022 | 207 (−34) | 46 | +11 | −45 |
| 2023 | 169 (−38) | 43 | +6 | −44 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: American Shaman Franchise System, LLC, 2024 filing, page 54
Where CBD American Shaman locations are
At the end of 2023, CBD American Shaman had locations in 24 states. The most are in Texas, Kansas and Missouri.
- Texas75
- Kansas21
- Missouri20
- Florida11
- Pennsylvania11
- Wisconsin11
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Texas | 75 | 0 | 75 |
| Kansas | 9 | 12 | 21 |
| Missouri | 7 | 13 | 20 |
| Florida | 3 | 8 | 11 |
| Pennsylvania | 11 | 0 | 11 |
| Wisconsin | 11 | 0 | 11 |
| Nebraska | 10 | 0 | 10 |
| Georgia | 8 | 0 | 8 |
| Alabama | 4 | 0 | 4 |
| North Carolina | 1 | 3 | 4 |
All 24 states
| Ohio | 4 |
|---|---|
| Colorado | 3 |
| Iowa | 3 |
| Kentucky | 3 |
| Nevada | 3 |
| New Hampshire | 3 |
| Oklahoma | 3 |
| Tennessee | 3 |
| Arizona | 2 |
| Arkansas | 2 |
| Delaware | 2 |
| Indiana | 2 |
| Utah | 2 |
| Connecticut | 1 |
Source: American Shaman Franchise System, LLC, 2024 filing, page 56
Who owns CBD American Shaman?
CBD American Shaman franchises are sold by American Shaman Franchise System, LLC.
From American Shaman Franchise System, LLC’s 2024 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 12–13. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: American Shaman Franchise System, LLC, 2024 filing, litigation on pages 12–13, bankruptcy on page 13
CBD American Shaman filings
The figures on this page come from American Shaman Franchise System, LLC’s 2024 filing, issued May 22, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | May 22, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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