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This company is no longer franchising.

2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$122K - $133K
Units as of 2016
14 366.7% over 3 years

Company Overview

About Palm Beach Vapors

Industry
Retail
Founded
2013
Leadership
Chip Paul, CEO

Franchising Overview

Franchising Since
2013 (9 years)
# of employees at HQ
12
Where seeking

This company is seeking new franchisees in the following US states:

This company is seeking new franchisees in the following international regions:

# of Units
14 (as of 2016)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
8751 N. 117th East Ave., #J
Owasso, OK 74055

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Palm Beach Vapors 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
$25,000
Initial Investment
$122,350 - $133,150
Net Worth Requirement
$25,000
Cash Requirement
$25,000
Veteran Incentives
25% off franchise fee
Royalty Fee
6.5%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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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
Palm Beach Vapors has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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
2 days at opening
Classroom Training
3-5 days
Additional Training
Ongoing training as needed
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

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
2-4
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021