Units as of 2021
1 Yearly Data not available
100%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$71K - $106K

Company Overview

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About Wake-N-Vape

Industry
Retail
Founded
2014
Leadership
Marlin Silva, CEO

Franchising Overview

Franchising Since
2019 (2 years)
# of employees at HQ
10
Where seeking
Franchisor is seeking new franchise units worldwide.
# of Units
1

Franchisor Information

Corporate Address
13335 S.W. 124th St., #102
Miami, FL 33186

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Wake-N-Vape 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 - $19,900
Initial Investment
$71,400 - $106,300
Royalty Fee
4.5%
Ad Royalty Fee
to 1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

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
Wake-N-Vape 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
25 hours
Classroom Training
15 hours
Ongoing Support
Grand Opening
Site Selection
Marketing Support
Social Media

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
5
Are exclusive territories available?
Yes

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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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