Vapor Shark

At a Glance

Products & Services: Electronic cigarettes and related products

Number of Locations: 27

Total Investment: $105K - $170K

Founded: 2012

Began Franchising: 2014

Franchise Units

Year U.S. Canadian International Company Owned
2015 17 0 1 9
2014 10 0 1 9
2013 N/A N/A N/A 6
2012 N/A N/A N/A 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $105,000 - $170,000
Franchise Fee: $25,000
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $25,000
Operations
Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: At existing store : 40 hours+.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,

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