- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$78K - $212K
- Units as of 2017
-
18 157.1% over 3 years
Company Overview
About Vapor Life LLC
| Industry | Retail |
|---|---|
| Related Categories | E-Cigarettes/Smoke Shops, Miscellaneous Retail Businesses |
| Founded | 2013 |
| Leadership | Adam Ogden, CEO |
| Corporate Address |
221 N.E. 44th St. Ft. Lauderdale, FL 33334 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2016 (8 years) |
|---|---|
| # of employees at HQ | 7 |
| Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
| # of Units | 18 (as of 2017) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Vapor Life LLC franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$25,000 |
|---|---|
|
Initial Investment
|
$77,700 - $212,000 |
|
Net Worth Requirement
|
$125,000 |
|
Cash Requirement
|
$125,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
3% |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 1 week |
|---|---|
| Classroom Training | 2 weeks |
| Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
|
| Marketing Support |
Co-op Advertising
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 3 |
|
Are exclusive territories available?
|
No |
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