In 2014, we opened our first retail e-cigarette store in Guildford, Surrey, which has managed to achieve a turnover of £727,000 with an annual net profit in excess of £120,000 in its first year, after taking into account all expenses as if it were an arm’s length business.
In 2016 we are proud to announce our new E-Cigarette Franchise Programme to allow others to share in our success and own their own branded Vapestore E-Cig Shop.
We have chosen the brand name of “Vapestore” to reflect the wide range of high quality vaping products and e-liquids that we stock, from some of the world’s top vape brands.
The Vapestore Vape franchise programme has been created to maximise your investment potential and give you a huge advantage by buying into a proven working business model with a built-in support system and a 100% success rate.
From initial discussions to the opening of your e-cigarette store, our team of business and industry experts are there to guide you through setting up and running a successful Vaping Franchise.
The Vapestore Vape shop franchise programme has been created to maximise your investment potential and give you a huge advantage by buying into a proven working business model with a built-in support system and a 100% success rate.
From initial discussions to the opening of your store, our team of business and industry experts are there to guide you through setting up and running a successful Vapestore Vape Shop Franchise.
Just some of the reasons why you should work with Vapestore:
- All training is provided as part of an on-going program of learning.
- No other company in this industry will offer you a better level of support nor the robust business model buy-in that we can provide.
- Our continued commitment to our staff and business development ensures you deal with expertise as opposed to potential.
- Our primary focus is to ensure your franchise model provides maximum profit and that we offer first class business support to ensure customers receive the best vaping advice and instore experience.
- Site selection support – we want you to find the right town and the best possible location
- Once you have found a site we will get our shop design and fit out experts to work with you on the store layout in accordance with our brand guidelines
- EPoS – as part of the franchise package you will receive our Vend EPoS kit along with full training
- Training – we offer a structured induction programme and subsequent ongoing training to give you and your staff all the tools necessary in terms of product knowledge and business skills required to be a Vapestore franchisee.
- Payment system - You will also receive the iZettle interface for contactless credit and debit card payments
- Product range – access to a full spectrum of Industry leading brands
- Website – price parity with our website
- Marketing – national marketing campaigns
- Marketing – launch package and local marketing campaigns
- Field support – dedicated Business Development Manager support
- Head Office – Marketing, HR and Operational support
- Vape Industry – experience and expertise
- Retail Industry - experience and expertise
You need to be business minded and entrepreneurial. E-cigarette Franchisee costs start from £50,000 (which includes £25,000 of stock) plus shop fitting costs, which will range between £20,000 and £35,000 depending on the size and condition of the store.
Franchisee in 5 steps
All our Franchisees are chosen individually. You will not only need to be able to afford the fees, but you will have to demonstrate a level of business knowledge and experience to maintain our high standards.
In order to ensure you have the best possible chance of success, we will work with you to ensure you choose the right town and the best possible location of shop for your franchise. It is vital that you have the right level of footfall for the relevant rent, and our experienced team of retail specialists know exactly what to look for.
We offer intensive initial training and subsequent ongoing training to give you and your staff all the tools necessary in terms of product knowledge and business skills required to be a successful Vapestore Franchisee.
Once a premises has been chosen, we will get our team of shop design and fit-out experts to work on your store layout, in accordance with our brand guidelines. We will also provide the signage and EPoS and payment systems to get you up and running in no time at all.
Once a premises has been chosen, we will get our team of shop design and fit-out experts to work on your store layout, in accordance with our brand guidelines. We will also provide the signage and EPoS and payment systems to get you up and running in no time at all.
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