Buds Place Cannabis Consumption Lounge

Social Cannabis Consumption Lounge. Food and beverage, entertainment, accessories for sale or rent, special events. Upscale atmosphere, casual but great food and beverage, VIP rooms and membership/entry fees. High. Quality. Fun.

Franchise Information

Cash Investment :
$500,000
Investment Range :
$619,500 - $1,172,500
Franchise Fees :
$75,000
Training & Support :
Yes
Financing Available :
Yes
Primary Industry :
CBD and Cannabis Franchises
Franchise Units :
7

Social Cannabis Consumption Lounge. Food and beverage, entertainment, accessories for sale or rent, special events. Upscale atmosphere, casual but great food and beverage, VIP rooms and membership/entry fees. High. Quality. Fun.

A tie to an industry that is rapidly growing (cannabis) but with a new and exciting concept - upscale, food and beverage, entertainment, relaxation. We have an experienced management tea and a food and beverage partner that is a "mover and shaker" in the fast casual food arena. A franchisee can get in on the ground floor here with a company and an industry that is set to explode with rapid growth. Bud's Place lounges will offer its customers High. Quality. Fun.

HIGH. QUALITY. FUN.

Bud’s Place™ provides an enjoyable, upscale but casual, lounge with multiple revenue streams for the owner.

A Bud’s Place™ smoking lounge offers a combination of food and beverages, accessories, entertainment, and more in a clean, safe and relaxing facility in which customers can have 
HIGH. QUALITY. FUN.

Yes we do. Because we appreciate our veterans and know that they often make great franchisees, a Military Veteran can qualify for a discounted franchise fee and a royalty percentage discount.

Veterans We've Got Your SIX!

WE'VE GOT TWO U.S. MARINES ON OUR TEAM!

CONSIDER YOURSELF VETTED!

“As a Marine Corps veteran myself it’s imperative that we provide an opportunity to help veterans achieve their dream of owning their own smoking lounge a reality,” said Brian Cook, Director of Franchise Development and US Marine Veteran.  We at Bud’s Place™ are committed to our great veterans and their success.

Bud’s Place™ knows our U.S. military veterans have what it takes to grow a successful business. That’s why we offer special military incentives – to make franchising with Bud’s Place™ easier than ever.

A Bud’s Place™ social cannabis consumption lounge – bring your own, no dispensing – offers a combination of food and beverages, accessories, entertainment, and more in a clean, safe and relaxing facility in which customers can enjoy their own cannabis and have HIGH. QUALITY. FUN.

A Social Cannabis Social Lounge
Cannabis is now legal for consumption in many states. Bud’s Place™ provides a legal, safe, and enjoyable upscale atmosphere to consume cannabis. 

Do you know why there are so many bars when you can legally drink alcohol at home? People love to socialize!

There are 63,615 bars in the USA as of 2020. But there are only less than 10 cannabis lounges in the USA. 

This is the land of opportunity! 

By 2025 Cannabis Revenue will be $30 Billion Annually, according to New Frontier Data and Forbes. 

  • It's possible that by early 2021 47 of the 50 US states will have some form of legalized cannabis.
  • By 2027, in the United States legal cannabis revenue is estimated to reach 73.6 Billion according to a report by Grand View Research, Inc.
  • States where sales were doubled or more from 2018 to 2019 were: Florida (174%) $241 million to$660 million; Maryland (129%) $111 million to $255 million; Massachusetts (210%) $217 million to $672 million; New Jersey (100%) $53 million to $107 million; New York (274%) $39 million to $144 million; Oklahoma (34,606%) $1 million to $346 million; and Pennsylvania (158%) $124 million to$310 million.

Problem
Even where it's legal you can buy cannabis at a dispensary but you can only consume it at home. 

Solution
Providing a safe, inviting, and legal place for cannabis consumption and H.Q.F. (High. Quality.Fun)

CRAVE HOT DOGS and BARBECUE
We have partnered with the award-winning CRAVE HOT DOGS and BARBECUE, to develop a special premium menu for Bud’s Place™.  Crave’s own franchise system is ranked #16 out of the top 100 top emerging franchises in the USA (fastcasual.com, 2019) and voted Best Southern BBQ Franchise 2019 – CV Magazine

PREFERRED EXPERIENCE:

  • Ability to develop, lead and inspire a management team
  • Strong entrepreneurial skills
  • Active in community

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PLEASE NOTE DISCLAIMER: This brand page has been paid for by Buds Place Cannabis Consumption Lounge. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged Multi-UnitFranchise.com to write the content. Content without the Sponsored Icon is either aggregated media placements the brand earned or content the brand has created on its own. Questions can be sent to info@multi-unitfranchise.com. This information is not intended as an offer to sell, or a solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state.

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