VaporFi
Electronic cigarettes and related products
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About
Founded

2013

Franchising Since

2014 (5 Years)

Corporate Address

14300 Commerce Wy.
Miami Lakes, FL 33016

CEO

Nick Molina

Parent Company

International Vapor Group

Financial Requirements
Initial Investment

$137,200 - $292,700

Net-worth Requirement

$250,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$29,900 - $29,900

Ongoing Royalty Fee

3%

Ad Royalty Fee

2%

Financing Options

VaporFi has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

40 hours

Classroom Training:

40 hours

Additional Training:

Additional training

Absentee Ownership Allowed
Number of Employees Required to Run:

3

Cost
Initial Investment: Low - $137,200 High - $292,700
Units
+2.9%+1 UNITS (1 Year) +9.4%+3 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: March 1st, 2019