- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$119K - $161K
- Units as of 2016
-
1
Company Overview
About Vapor Safari
Industry | Retail |
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Related Categories | Miscellaneous Retail Businesses |
Founded | 2013 |
Leadership | John Blough, Founder and CEO |
Corporate Address |
8725 N.W. 18th Terrace, #306 Doral, FL 33172 |
Social |
Business Overview
Franchising Since | 2015 (9 years) |
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# of Units | 1 (as of 2016) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Vapor Safari 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
|
$19,900 |
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Initial Investment
|
$119,450 - $161,300 |
Cash Requirement
|
$20,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Vapor Safari has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 1 week |
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Classroom Training | 1 week |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
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Yes |
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