- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$78K - $159K
- Units as of 2016
-
3
Company Overview
About Smart Spark Vapor and Lounge
| Industry | Retail |
|---|---|
| Related Categories | Miscellaneous Retail Businesses |
| Founded | 2014 |
| Parent Company | Smart Spark Inc. |
| Leadership | Jeremy Kwaterski, Founder and CEO |
| Corporate Address |
13423 Hwy. 27, #A Trion, GA 30753 |
| Social |
Business Overview
| Franchising Since | 2015 (10 years) |
|---|---|
| # of employees at HQ | 4 |
| Where seeking |
This company is offering new franchises in the following US states: |
| # of Units | 3 (as of 2016) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Smart Spark Vapor and Lounge franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$29,000 |
|---|---|
|
Initial Investment
|
$77,750 - $159,000 |
|
Net Worth Requirement
|
$100,000 |
|
Cash Requirement
|
$50,000 - $60,000 |
|
Royalty Fee
|
6% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| Classroom Training | 6 days |
|---|---|
| Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
| Marketing Support |
Ad Templates
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 2 |
|
Are exclusive territories available?
|
Yes |
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