Peace Pipes franchise
2024 filing · March 11, 2024
Peace Pipes at a glance
A smoke shop selling legal cannabis products, smoking accessories, clothing and home décor. At the end of 2023 there were 3 Peace Pipes locations in the US, all company-owned.
The business
- Industry
- Retail
- Franchisor
- Peace Pipes Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Bellaire, Ohio
- Typical size
- 2,000–3,000 sq ft
What you pay
- Cost to open
- $75K–$500K
- Fee, build-out and opening working capital
- Franchise fee
- $10,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross sales, paid weekly, plus 1% to the marketing fund
- Renewal fee
- $2,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 3
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 3
- Change in 3 years
- 0
- Franchised locations, 2021–2023
From Peace Pipes Franchising, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Peace Pipes among all franchises with the same figure.
| Figure | Peace Pipes | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $287,500 | Costs less than 58% of franchises |
| Franchise feePaid once, when you sign | $10,000 | Lower than 95% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 3 | Fewer than 78% of franchises |
How much a Peace Pipes franchise costs
Opening one Peace Pipes costs an estimated $75,000 to $500,000. 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.
Source: Peace Pipes Franchising, LLC, 2024 filing, page 18
Peace Pipes franchise fee
The franchise fee is $10,000. You pay it when you sign the franchise agreement.
Source: Peace Pipes Franchising, LLC, 2024 filing, page 11
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid weekly, plus 1% to the marketing fund. |
|---|---|
| Software subscription | Currently $85 per month |
| Renewal Fee | $2,000 |
| Replacement/Additional Training fee | Currently, $600 per day |
| Local Advertising | The greater of $500 per month or 4% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Peace Pipes Franchising, LLC, 2024 filing, page 12
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Peace Pipes 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: Peace Pipes Franchising, LLC, 2024 filing, page 38
How Peace Pipes compares
Of the 302 retail franchises on this site, Peace Pipes is the 34th cheapest to open and the 234th largest by number of locations.
| Figure | Peace Pipes | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $75K | $198K | $222K |
| Cost to open, high end | $500K | $425K | $477K |
| Franchise fee | $10K | $35K | $40K |
| Royalty | 5% | 5.7% | 6% |
| US locations | 3 | 38 | 21 |
| Shares earnings figures | No | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 2 | 0 | 0 |
| 2022 | 0 (0) | 3 | 0 | 0 |
| 2023 | 0 (0) | 3 | 0 | 0 |
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: Peace Pipes Franchising, LLC, 2024 filing, page 39
Who owns Peace Pipes?
Peace Pipes franchises are sold by Peace Pipes Franchising, LLC. Its filing names no parent company.
From Peace Pipes Franchising, LLC’s 2024 filing, page 9.
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: Peace Pipes Franchising, LLC, 2024 filing, litigation on page 11, bankruptcy on page 11
Peace Pipes filings
The figures on this page come from Peace Pipes Franchising, LLC’s 2024 filing, issued March 11, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | March 11, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
