New Remedies
We operate retail stores that sell our proprietary non-consumable products and other authorized products and services, with a focus on CBD- and hemp-related items, vaping products, cosmetics, and skin care. Our stores are designed to serve everyday customers looking for convenient access to specialty wellness and personal care products. We can operate in a traditional store format, a kiosk in shopping malls, or as branded vending machines and digital kiosks in locations such as malls, stores, airports, casinos, and shopping centers. Our business is a retail model that sells directly to the public year-round.
Your franchise match score
Beauty
Brand highlights
- CEOJonathan Colburn
- Headquarters2450 Scott Blvd., Santa Clara, CA, 95050
- Year founded2019
- Year started franchising2019
- IndustryBeauty
- Locations open0 (+0 last three years)
Statistics & metrics
- Investment range$157,300 - $416,750
- Franchise fee$20,000
- RoyaltyTraditional Store: 5% of the Store’s weekly Gross Sales(3) Kiosk, Vending Machine and Digital Approach Kiosk: 2% of the Store’s weekly Gross Sales
- Brand fundCurrently 1% of the Store’s weekly Gross Sales(3)
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Beauty industry:
The beauty industry encompasses hair salons, nail studios, and cosmetic retail. It is a dynamic and trend-driven sector that offers opportunities for both hands-on service providers and retail-focused entrepreneurs.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-04-16
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about New Remedies, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of New Remedies's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving New Remedies, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a New Remedies franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information New Remedies provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 0 |
| Franchise locations | 0 |
| Corporate locations | 0 |
System growth over time
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