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Palm Beach Vapors

Initial Investment

LOW: $122,350
HIGH: $133,150

Change in Units

-12.5% -2 UNITS (1 Year)
+366.7% +11 UNITS (3 Years)

Company Profile

Founded

2013

Franchising Since

2013 (4 Years)

Corporate Address

8751 N. 117th East Ave., #J Owasso, OK 74055

CEO

Chip Paul

Financials

Financial Requirements

Initial Investment

$122,350 - $133,150

Net-worth Requirement

$25,000

Liquid Cash Requirement

$25,000

Ongoing Fees

Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

6.5%

Ad Royalty Fee

1%

Financing Options

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

Veteran Incentives


25% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 2 days at opening

Training at headquarters: 3-5 days

Additional Training: Ongoing training as needed

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Grand Opening

Marketing Support
Co-op Advertising
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 2 - 4

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 31st, 2016

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