VaporFi

Retail Retail Stores

Franchise Summary

Description

The Franchise Business you will own and operate is a business offering electronic cigarettes, e-liquids, nicotine, vaporizers, accessories and other related items, under the VaporFiname, service mark and System.

Company Background

VaporFi is the premier name in electronic cigarettes and accessories. Offering both traditional tobacco and menthol flavors, VaporFi has one of the most comprehensive selections of e-liquids on the market. Our goal is to provide affordable products for our customers while maintaining a high level of quality; we've been able to do this by cutting out the middleman! We offer only authentic vaporizers, meaning you don't have to worry about us trying to pass off an imitation as original. Whether you are looking for a new e-cigarette or just want more information on vaping in general, we encourage you browse through our website or stop into one of our locations!

Franchise Opportunity

The electronic cigarette industry is growing rapidly, but it can be hard to break into. The electronic cigarette industry is growing rapidly, and there's a lot of competition. It can be hard to break into this market. VaporFi offers an opportunity to own your own business in this rapidly growing industry. With our help, you can become a successful electronic cigarette retailer and provide quality products and services to your customers.

Corporate Structure

Vaporfi Franchising, LLC is a Delaware limited liability company formed on January 29, 2014, under the name Vapor Zone Franchising, LLC. Until July 21, 2014, they did business under the name “Vapor Zone” when they changed our name to “VaporFi.” Their principal business address is 14300 Commerce Way, Miami Lakes, Florida 33016.

Investment and Franchisee Fees

The total investment necessary to begin operation of a VaporFi Franchise Unit ranges from $137,200 to $292,700. This includes $70,400 to $91,900 that must be paid to the franchisor or their affiliate.

Employee Contact Database

#	Name	Position	Phone Number	Email Address

Distribution of VaporFi Franchisees

VaporFi Franchise System Development in 2017

FAQ

How much investment do I need to start my own VaporFi business?

Franchisees typically require at least $89,300 to $159,850 investment to get their VaporFi business started

What are the initial franchise fees for VaporFi?

Franchisees typically need to pay at least $29,900 in fees directly to VaporFi in order to earn the right to launch their business

How much money can I make with a VaporFi franchise? What are the average revenues for a typical VaporFi business?

We haven’t done the math on how much revenue a typical VaporFi brings in each year. We estimate that other franchisees in the Retail industry generate $1,203,797 revenue, so we would expect VaporFi to generate a similar amount

How long do I need to commit to running a VaporFi unit? What is my contractual commitment?

VaporFi franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

10 /10

The Franchisor's investment costs ranges from $10,005 to $38,076 which is Much Lower than the $0 to $0 average in the Retail Stores industry

What determines the investment cost?

Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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