Dope CFO franchise
2024 filing · April 1, 2024Growing
Dope CFO at a glance
A bookkeeping, accounting, tax and CFO service for cannabis, CBD and hemp businesses. At the end of 2023 there were 7 Dope CFO locations in the US, 6 franchised and 1 company-owned.
The business
- Franchisor
- Emitepod Inc
- The company that sells the franchises
- Franchising since
- 2022
- 2 years of selling franchises
- Franchisor based in
- Las Vegas, Nevada
What you pay
- Cost to open
- $57K–$87K
- Home-based business
- Franchise fee
- $49,000
- Paid once, when you sign
- Royalty
- 8%
- The greater of 8% of gross revenues or $500 a month; the minimum starts nine months after signing
- Brand fund
- None now
- Up to 1% of gross revenue or a monthly minimum; not charged at present
- Agreement length
- 5 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 7
- Franchised and company-owned
- Franchised
- 6
- Company-owned
- 1
- Change in 3 years
- +6
- Franchised locations, 2021–2023
- States
- 7
- Most in Florida, Illinois and Louisiana
Support and records
- Initial training
- 2 programs
- Owner orientation: 40 hours in class; Advanced training: 200 hours in class
- Lawsuits disclosed
- None
- Bankruptcy disclosed
- None
- Franchisor revenue, 2023
- $1.44M
- The company, not one location
- Franchisor net income
- $207K
- Latest filing
- Apr 1, 2024
- 2024 filing
From Emitepod Inc’s 2024 filing; revenue and net income from its audited financial statements, page 141; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Dope CFO among all franchises with the same figure.
| Figure | Dope CFO | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $72,200 | Costs less than 93% of franchises |
| Franchise feePaid once, when you sign | $49,000 | Higher than 62% of franchises |
| RoyaltyShare of sales paid to the franchisor | 8% | Higher than 85% of brands with a set rate |
| US locationsFranchised and company-owned | 7 | Fewer than 66% of franchises |
How much a Dope CFO franchise costs
Opening home-based business costs an estimated $57,150 to $87,250. 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 initial franchise fee ($49,000) and additional funds for first three months of operation ($3,000 to $10,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $49,000 | ||
| Computer Software Fee | $0 | $500 | |
| Initial Marketing Fee | $750 | ||
| Marketing Expenses | $0 | $5,000 | |
| Insurance | $2,200 | $4,000 | |
| Office Equipment and Supplies | $0 | $500 | |
| Computer Hardware | $0 | $1,000 | |
| Credit Card Processing Equipment | $0 | $500 | |
| Signage | $0 | $500 | |
| Training Expenses | $0 | $1,000 | |
| Furniture, Fixtures, and Equipment | $500 | $5,000 | |
| Grand Opening Expenses | $0 | $1,000 | |
| Local Marketing Expenses | $500 | $1,500 | |
| Licenses and Permits | $200 | $2,500 | |
| Professional Fees | $1,000 | $4,000 | |
| Pre-Opening Staffing Recruiting Costs | $0 | $500 | |
| Additional Funds for First Three Months of Operation | $3,000 | $10,000 | |
| Total | $57,150 | $87,250 | |
Source: Emitepod Inc, 2024 filing, page 15
Dope CFO franchise fee
The franchise fee is $49,000. You pay it when you sign the franchise agreement.
Source: Emitepod Inc, 2024 filing, page 10
Royalty and ongoing fees
| Royalty | The greater of 8% of gross revenues or $500 a month; the minimum starts nine months after signing. |
|---|---|
| Brand or marketing fund | Up to 1% of gross revenue or a monthly minimum; not charged at present. |
| Computer Software Fee | $0.00 to $500.00. |
| Transfer Fees | 75% of the then- current Initial Franchise Fee. |
| Local Marketing Fees | 1% of Gross Revenues. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Emitepod Inc, 2024 filing, page 10
Other fees as filed, from pages 11–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Dope CFO 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: Emitepod Inc, 2024 filing, page 47
How Dope CFO compares
Of the 12 tax franchises on this site, Dope CFO is the 6th cheapest to open and the 10th largest by number of locations.
| Figure | Dope CFO | Typical tax brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $57K | $58K | $222K |
| Cost to open, high end | $87K | $97K | $477K |
| Franchise fee | $49K | $35K | $40K |
| Royalty | 8% | 10% | 6% |
| US locations | 7 | 111 | 21 |
| Shares earnings figures | No | 8 of 12 | 2,147 of 3,352 |
Typical is the median across the 12 brands in tax franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 0 | 0 | 0 |
| 2022 | 0 (0) | 1 | 0 | 0 |
| 2023 | 6 (+6) | 1 | +7 | −1 |
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: home-based franchises and franchise failure rates.
Source: Emitepod Inc, 2024 filing, page 48
Where Dope CFO locations are
At the end of 2023, Dope CFO had locations in 7 states. The most are in Florida, Illinois and Louisiana.
- Florida1
- Illinois1
- Louisiana1
- Massachusetts1
- Virginia1
- West Virginia1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Florida | 1 | 0 | 1 |
| Illinois | 1 | 0 | 1 |
| Louisiana | 1 | 0 | 1 |
| Massachusetts | 1 | 0 | 1 |
| Virginia | 1 | 0 | 1 |
| West Virginia | 1 | 0 | 1 |
| Wisconsin | 0 | 1 | 1 |
Source: Emitepod Inc, 2024 filing, page 48
Who owns Dope CFO?
Dope CFO franchises are sold by Emitepod Inc. Its filing names no parent company.
From Emitepod Inc’s 2024 filing, page 6.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| 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: Emitepod Inc, 2024 filing, litigation on page 10, bankruptcy on page 10
Dope CFO filings
The figures on this page come from Emitepod Inc’s 2024 filing, issued April 1, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 1, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other tax franchises
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Dope CFO is also on these lists: business services franchises.