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    1-800-710-1050
  • 2072 N. University Drive
    Pembroke Pines, FL 33024
  • Mon - Sunday
    10.00am to 10.00pm

Franchise

HOW DID VAPE & SMOKE SHOP FRANCHISE?

Vape & Smoke Shop was founded in January of 2013 when we opened our first retail store, Brickell Smoke Shop, in Down Town Miami, Florida. The company found immediate success and quickly grew to six locations throughout South Florida. Our goal is to provide a one-stop shop for premium products in an atmosphere unlike any other. We strive to be an all-out Smoke Shop with focus on quality products and excellent customer service. We carry over 5,000 products including the largest selection of hand-blown glass, cigars, premium e-liquids, vaporizers, hookahs, shisha tobacco, smoking and vape related accessories.

Our inventory also includes a huge variety of lighters, ashtrays, cases, grinders, scales, detox products, incense, hats, t-shirts, and more. The list goes on and on. If there’s something the customer needs that we don’t carry, we will be happy to order the item and have it available for the customer’s next visit.

OUR TARGET MARKET

Our Target

There is no denying the statistics that the demand for Smoke Shops is significant. One Stop Smoke Shops are beginning to proliferate around the country. The Head Shop industry is growing into a $15 billion industry this year, with an average growth rate of 8.1 percent, according to IbisWorld research. There is a broad following in this industry that ranges from the age demographic of 18-50 years old. Young and old this industry aims at the masses. Below you will find some statistics for past years industry trends

FRANCHISE OPORTUNITY

Vape & Smoke Shop is leading the smoke and electronic cigarette retail industry. With locations currently throughout South Florida we are looking to expand into more locations through the USA. The tobacco retail industry as well as the new e-cigarette industry are thriving now more than ever.

We offer a full turnkey operation in order to get your store opened with inventory, ready for business. If you are interested in joining our team and want to learn more about our franchise opportunity, please fill out the franchise form and a member of our Franchising team will contact you within 24 hours.

Year Company Founded: 2013

Year Started Franchising: 2016

Franchise Oportunity

ESTIMATED INITIAL INVESTMENT

Type of Expenditure (1) Amount (Low-High Range) Method of Payment When Due To Whom Payment is to Be Made

Initial Franchise Fee

$19,900

Lump sum

Upon signing of your Franchise Agreement or Regional Area Development Agreement

Us

Travel and Living Expenses While Training

$1,000 – $2,000

As arranged

As incurred

Third parties

Real Estate Lease

$3,500 – $7,000

As arranged

As incurred

Third parties

Furniture, Equipment and Signage

$6,000 – $11,000

As arranged

As incurred

To us or third party approved vendor

Computer System

$250 – $750

As arranged

As incurred

To us or third party approved vendor

Office Supplies

$1,000 – $2,000

As arranged

As incurred

To us or third party approved vendor

Construction of Leasehold Improvements

$7,000 – $14,000

As arranged

As incurred

Third party contractorsp

Security or Monitoring System

$1,000 – $5,000

As arranged

As incurred

Third party contractors

Inventory and Supplies to Begin Operating

$35,000 – $80,000

As arranged

As incurred

To us or third party approved suppliers

Grand Opening Advertising

$1,000 – $1,500

As arranged

As incurred

Third parties

Security Deposits, Utility Deposits, Business Licenses and Permits, and other prepaid expenses

$150 -$1,500

As arranged

As incurred

Third parties

Architectural and Engineering

$1,000 – $2,500

As arranged

As incurred

Architectural and engineering firms

Attorneys and Accountants

$1,000 – $2,000

As arranged

As incurred

Attorneys and accountants

Insurance (for first 3 months)

$300 – $1,000

As arranged

Before opening

Insurance carriers

Additional Funds (3 months)

$12,000 – $18,000

As arranged

Before opening

Employees, suppliers, utilities, lessor, etc.

Total

$90,100 – $168,150

WHO MAKES A SUCCESSFUL FRANCHISEE?

Our Target

We understand that Vape and Smoke Shop franchisee candidates want more than just a franchise; they want a franchise with purpose to increase the quality of their life and financial position. Just as we are committed to researching and finding the latest and the highest quality products to be offered at our retail stores. Starting a business is a demanding endeavor no matter what industry or opportunity you are considering. As you work through the process of determining what is right for you, you should carefully consider whether the opportunity is compatible with your skills and goals. Not everyone is a good fit for our business model. Thus the clearer you’re about your goals and the more wiling you’re to engage in open and direct dialogue with your Franchise Discover representative, the more we can help you. The good news is that we are mutually vested in the outcome and will not move forward unless we are confident we have the fit as our franchise partner.

STRONG BELIEF SYSTEM

A chain is only as strong as its weakest link, and a franchise system works much the same way. We take pride in what we do, and we want to make sure every franchisee is dedicated to the integrity of our brand. We also want to make sure every franchisee is willing to embrace our core values:


  • Always do what is right


  • Increase brand value


  • Demonstrate honesty, integrity and work ethic


  • Undeniable customer service


  • Always go the extra mile


  • Accountability to Commitments


  • Research the latest products


  • Only offer the highest quality products to our customers

STRONG BELIEF SYSTEM<

MULTI-UNIT AND AREA DEVELOPMENT AGREEMENTS

Avalible for qualified candidates

Characteristics and Qualities Fitting for the Role of an ideal Vape & Smoke Shop franchisee must be innately driven, self-motivated and have support from family and friends. They must be willing and enthusiastic about using the proven Vape & Smoke Shop franchise systems. Why would you buy a franchise if you just want to turn around and run things differently? The strength of a franchise lies in its proven systems. Management experience is important, but it doesn’t matter whether it’s in the retail business or something completely different.


  • A motivated, self-starter


  • Totally focused and 100% committed to the business


  • A people person


  • Communicative – they reach out and ask for advice


  • Understands and executes marketing


  • Follows the system


  • Supportive of other franchisees – team player


  • Passion for helping others


  • Have family and friends that support their business


  • Financially Qualified

MULTI-UNIT AND AREA DEVELOPMENT AGREEMENTS

Minimum Liquid Capital: $20,000

Minimum Net Worth: $200,000

Credit Score of 700 or above

COMMITMENT TO A HANDS-ON APPROACH TO EXCELLENCE

Some people want to approach Vape & Smoke Shop with a fistful of dollars and say, “Here’s my money. I want to buy my franchise:’ or “What are you going to do for me?” That doesn’t work for us. We have procedures we will follow to make sure every franchisee is the right fit for Vape & Smoke Shop.

Before signing a franchise agreement, all franchise candidates go through a rigorous screening process including interviews with our executive team, background checks, financial verifications, and more. All candidates are required to also talk with our other franchise owners. Our owners will provide valuable feedback to the candidate, and they’ll also provide valuable feedback to Vape & Smoke Shop, because we all look out for each other. Someday you may be in the same position to want to protect your own investment by helping us choose the right partners for the Vape & Smoke Shop franchise business model.

COMMITMENT TO A HANDS-ON APPROACH TO EXCELLENCE

HOW WILL VAPE & SMOKE SHOP TRAIN ME?

Vape and Smoke Shop provides you with a comprehensive and multi-faceted training course. You and up to three addition people may attend training. The training program is comprised of 20-hours of classroom training; 20-hours of on the job training; 2-days of onsite opening assistance (we come to you); and refresher courses are offered throughout the year.

HOW WILL VAPE & SMOKE SHOP TRAIN ME?

Pre-Opening Training occurs surrounding the opening date of your new business. This training covers several critical topics that ensure a flawless launch of your local Vape & Smoke Shop business including:


  • Always do what is right


  • Increase brand value


  • Demonstrate honesty, integrity and work ethic


  • Undeniable customer service


  • Always go the extra mile


  • Accountability to Commitments


  • Research the latest products


  • Only offer the highest quality products to our customers

ONGOING TRAINING OPPORTUNITIES

ONGOING TRAINING OPPORTUNITIES

Vape & Smoke Shop offers our franchise owners various webinars and training programs available on demand, such as:


  • Onsite client location training


  • Social media training/p>


  • Financial management and reporting training


  • Management team training


  • Slide decks and How-To documents make it easy to implement these

trainings in your location using traditional Train-the-Trainer techniques.

We have proven sales protocols, market research, and marketing protocols that identify what our customers want and expect from Vape & Smoke Shop By working with a professional brand and design firm, we have developed Vape & Smoke Shop brand standards that ensure consistency across the system. We will help you develop and implement an opening marketing plan and support you with long-term local marketing strategies using the following tools:


  • Annual marketing plan


  • Corporate social media content


  • Targeted email marketing campaigns


  • Monthly automated e-newsletter


  • Automated customer surveys


  • Uniform guidelines

Every year, our corporate support team will meet with you to review your financial statements and help you with next year’s budgeting process further

We host an annual franchise owner convention every year at our Miami, Florida, headquarters so you can learn about the new products and network with your peers. Additionally, we provide you with all the marketing tools required to grow a thriving business. Periodically franchise owners participate in a webinar to discuss trends, challenges, and wins across the system to improve the brand and share best practices.

We seek driven business leaders who are highly motivated to build a business by following our proven strategy to aggressively target their market, quickly secure exclusive accounts, and consistently exceed business goals. It is together with our franchise owners that we will transform the Vape & Smoke Shop brand into a household name and further our reputation as a leader in the Head Shop/ Retail industry

Intrested in vape & Smoke shop franchise

Come on, contact us and we will gladly answer your questions