Vapor Galleria - Franchise
Be the leader in your market and become a part of one of the fastest growing retail franchises in the country. People around the world are choosing the e cigarette as an alternative to smoking, and many are using the device to quit smoking all together. Check out our retail stores and you will be proud to be the franchisee in your market.
What Does a Vapor Galleria Franchise Cost?
To buy a franchise with Vapor Galleria, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $112,700 - $181,500. They also offer financing via 3rd party as well as a discount for veterans (10%). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
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Net Worth: | $250,000 What does Net Worth mean? |
Total Investment: | $112,700 - $181,500 What does Total Investment mean? |
Royalty Fee: | 6% of gross sales |
Advertising Fee: | 2% |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | 10% |
Franchisor Details
Facts about this franchise:
Total Units: | 9 |
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Home Office: | Dallas, Texas |
Year Founded: | 2013 |
Franchising Since: | 2015 |
History of The Industry
People around the world are choosing the e cigarette as an alternative to smoking, and many are using the device to quit smoking all together. They're smoke free, tar free, carbon monoxide free and odor free. Electronic cigarettes epitomize everything about modern technology that is wonderful.
The popularity of the e cigarette over conventional cigarettes is fast growing and wide spread. Sales have doubled every year since 2008. Bonnie Herzog with Wells Fargo Securities has estimated that e cigarette sales will surpass those of traditional cigarettes by 2023. Due to those numbers, large tobacco corporations have also latched on to the latest technology by buying established e-cigarette brands or starting their own...
Why Purchase a Franchise?
Purchasing a franchise dramatically increases your odds for success. U.S. Department of Commerce statistics show that less than 5% of new franchise outlets have been discontinued each year since 1971. By contrast 65% of new, independently owned businesses fail within five years. A successful Vapor Galleria franchise is an asset that can increase in value as you grow your business. If you are building your business as an investment, your return on that investment should be significantly greater when you sell it as the nationally recognized retail brand Vapor Galleria, rather than a non-recognizable name shop.
About Us
Vapor Galleria was established in 2013 after extensive research in the electronic cigarette business. An industry that according to Wells Fargo Securities is projected to exceed ten billion in sales in just three years. Our concept, although not new to the industry, is very organized and structured. We are operationally and ascetically way ahead of competitors.
The design of our retail stores is upscale, professional and focused on the sales and service of high quality e-Liquid and hardware. We manufacture our own products in our white coat, fully automated lab in Oklahoma City. We have an experienced management team, led by Ed Williams, who has over 20 years experience in franchising.
We have an aggressive growth plan, with two new company stores that have proven our concept and given us the ability to enter and capture market share through franchising. Our Franchise program offers comprehensive training and a systematic approach to allow our franchises to focus on customer service.
Ideal Candidate
We're looking for franchise owners who are outgoing with a desire to own their own business. The ideal candidate should have management, sales and business experience or a hard work ethic. Must be motivated to excel and ready to make a full-time commitment or have resources to open multiple stores.
Whether you are seeking a new business venture, a business for sale, an opportunity to expand your existing e cigarette supply business, or simply seeking to gain your independence by building a financial asset for your family, you owe it yourself to consider this niche opportunity.
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Availability
Vapor Galleria is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $100,000 in liquid capital to invest.
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