Vapor Shark

Vapor Shark

Electronic cigarettes and related products
Units as of 2020
N/A Yearly Data not available
2020 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$119K - $200K

What Can a Franchise Advisor Do for You?

Company Overview

About Vapor Shark

Industry
Retail
Founded
2012
Leadership
Brandon Leidel, CEO

Franchising Overview

Franchising Since
2014 (7 years)
# of employees at HQ
50
Where seeking
Franchisor is seeking new franchise units worldwide.

Franchisor Information

Corporate Address
5000 S.W. 75 Ave., #123
Miami, FL 33155

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Vapor Shark 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 - $25,000
Initial Investment
$118,775 - $200,000
Net Worth Requirement
$150,000
Cash Requirement
$50,000
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 Shark has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

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
46 hours
Additional Training
As needed
Ongoing Support
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
# of employees required to run
2
Are exclusive territories available?
Yes

What Can a Franchise Advisor Do for You?

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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: October 23rd, 2020
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