Nora Mental Health Franchise FDD, Profits & Costs (2025)
Nora Mental Health is a franchise in the mental health industry that aims to address the significant demand for accessible mental health services across the United States.
Founded in 2020, Nora began franchising shortly afterward, offering a unique opportunity in a market traditionally dominated by independent practices.
The company provides comprehensive mental health services, including individual, family, and group therapy, as well as medication management.
Their business model emphasizes flexibility, with services delivered in-office, off-site, and through teletherapy, which helps reduce operational costs and accommodate a variety of client needs.
Headquartered in Salt Lake City, Utah, Nora Mental Health distinguishes itself by allowing franchise owners to enter the field without prior mental health experience, thanks to a robust training and support system. This approach broadens the pool of potential franchisees while maintaining high-quality service standards.
Nora Mental Health Financial Plan
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Initial Investment
How much does it cost to start a Nora Mental Health franchise? It costs on average between $82,000 – $206,000 to start a Nora Mental Health franchised business.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of facility you choose, the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $40,000 – $40,000 |
| Initial Inventory and Supplies | $1,500 – $4,000 |
| Initial Marketing Fee | $4,000 – $4,000 |
| Real Estate Rent & Deposits | $2,000 – $10,000 |
| Utility Deposits | $500 – $2,000 |
| Exterior Signage | $1,000 – $8,000 |
| Traveling for Training Expenses | $1,000 – $3,000 |
| Grand Opening Marketing | $0 – $10,000 |
| Credentialing | $0 – $5,000 |
| Computers, Hardware, and Software | $2,000 – $8,000 |
| Leasehold Improvements | $0 – $30,000 |
| Fixtures and Furnishings | $2,500 – $12,500 |
| Professional Fees | $300 – $2,000 |
| Permits and Other Licenses | $1,000 – $4,000 |
| Insurance | $1,000 – $3,000 |
| Additional Funds – 3 Months | $25,000 – $60,000 |
| Total | $81,800 – $205,500 |
Nora Mental Health Financial Plan
Get a professional business plan and get funding for your franchise.
Nora Mental Health Franchise Disclosure Document
Frequently Asked Questions
How many Nora Mental Health locations are there?
As of the latest data, Nora Mental Health has a total of 4 company-owned locations and no franchised units. The franchise began offering opportunities in 2022, but expansion beyond corporate-owned outlets has not yet occurred.
What is the total investment required to open a Nora Mental Health franchise?
The total investment required to open a Nora Mental Health franchise ranges from $82,000 to $206,000.
What are the ongoing fees for a Nora Mental Health franchise?
The royalty fee is $1,000 per month for each active clinician, covering the use of Nora Mental Health’s systems and support services.
Additionally, franchisees are required to contribute $100 per month per active clinician to the marketing fund, which is used for collective marketing efforts to promote the brand and support franchisees’ local advertising activities.
What are the financial requirements to become a Nora Mental Health franchisee?
To become a Nora Mental Health franchisee, the financial requirements include a minimum net worth of $150,000 and at least $50,000 in liquid capital. These financial benchmarks ensure that prospective franchisees have the necessary resources to cover the initial investment and sustain the business during the early stages of operation.
The investment includes costs such as the initial franchise fee, setup expenses, and working capital to support the franchise until it becomes profitable.
Who owns Nora Mental Health?
Nora Mental Health is owned by Nora Mental Health, LLC, a Delaware-based limited liability company. The company was formed in 2022 to manage the franchise’s development and operations, which began offering franchise opportunities in December 2022.
Disclaimer
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