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Nora Mental Health

Health & FitnessTerritory: Exclusive territoryHQ: MI

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Key figures

Initial franchise fee$5,000
Total investment (Item 7)$81,800 – $205,500
Royalty (Item 6)6% of gross sales
Headquarters stateMI
Legal name (Item 1)Nora Mental Health, LLC
FDD issuance date2023-04-13
Brand websitehttp://www.NoraMentalHealth.com

About Nora Mental Health

TERRITORY (Item 12): this franchisor grants an exclusive territory as described in its FDD. We offer franchises (“Nora Mental Health Franchise(s)” or “Franchise(s)”) for Nora Mental Health Clinics and have done so since December 10, 2022. You may operate one Nora Mental Health Clinic for each

Due diligence dossier

Every figure below is as disclosed in this brand's own FDD, with its FDD citation. FranchiseKI adds no analysis and estimates nothing.

Risk & history facts

Litigation matters disclosed (Item 3)0 (Item 3, p.11 of the FDD)
Bankruptcy (Item 4)No bankruptcy disclosed (Item 4) (Item 4, p.11 of the FDD)

Ownership & operations

Training: Provide an initial training program at a location designated by us (“Initial Training Program”) for up to two people for a fee (see Item 5 and 7). (Item 11, p.24 of the FDD)

Company facts

HeadquartersMI
Initial term10 years (Item 17, p.38 of the FDD)
Renewal term10 years (Item 17, p.38 of the FDD)
Advertising / brand fund fee6% of gross sales (Item 6, p.12 of the FDD)
Company-owned units4 (Item 20, p.46 of the FDD)

Questions to ask the franchisor

Generated from what this brand's FDD data does not disclose — ask Nora Mental Health directly:

Territory — what the FDD says (Item 12)

Exclusive territory — classified from Item 12, p.32 of the brand's FDD

Under this brand's Item 12 rule, the franchisor grants an exclusive territory: while your agreement runs, the franchisor may not place another franchisee — or operate a competing company unit — inside your territory's boundaries (subject to the carve-outs in the FDD). Areas inside an existing franchisee's territory are therefore not available to a new buyer.

The FDD's own words (Item 12): “this franchisor grants an exclusive territory as described in its FDD. We offer franchises (“Nora Mental Health Franchise(s)” or “Franchise(s)”) for Nora Mental Health Clinics and have done so since December 10, 2022. You may operate one Nora Mental Health Clinic for each”

What is NOT available

Not available: any area inside an existing franchisee's exclusive territory while that agreement runs.

Only the franchisor can confirm availability.

Next steps with Nora Mental Health

Put Nora Mental Health on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.