VaporFi

At a Glance

Products & Services: Electronic cigarettes and related products

Number of Locations: 13

Total Investment: $89.3K - $159.9K

Founded: 2013

Began Franchising: 2014

Franchise Units

Year U.S. Canadian International Company Owned
2014 3 0 1 9
2013 N/A N/A N/A 2
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $89,300 - $159,850
Franchise Fee: $19,900
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $9,950
Operations
Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week.
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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