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VaporFi Franchise Opportunity
Vaporfi’s mission is to change the way people smoke. Vaporfi doesn’t only cater to millennials, the latest trends, or any specific demographic. The goal is to provide an environment where all customers can find products that meet their needs, from those just starting to vape to the enthusiast, and everyone in-between. In fact, many Vaporfi franchise owners were first customers and will tell you that what attracted them to Vaporfi was that the stores and products always exceeded their expectations. All Vaporfi stores are alluring, attractive, clean, and modern. Vaporfi’s high quality products and 100% USA e-liquid sets them apart from other shops and Vaporfi makes sure to accommodate for every budget. When you walk by a Vaporfi, you’ll want to walk in and talk to the friendly face behind the counter – that’s the difference.
The E-cigarette Industry
Competing directly with the Big Tobacco and Big Pharma companies, the e-cigarette market is flourishing amidst an overall non-uniformity of regulations globally. The demand for e-cigarettes escalated since 2012 and is anticipated to grow over $50 billion by 2025 at an estimated CAGR of 22.36% from 2015 to 2025, per bisresearch.com latest market research report on global e cigarette industry. An increasing number of brands are being rolled out and the market players are intensifying the competition with innovative product launches, enhancing the quality and level of customization in the products. The year 2014 marked its significance in the e-cigarette industry timeline, recording some major acquisitions, patent warfare, changing regulations, and technologically advanced product launches.
Vaporfi Franchise Opportunity
Total investment runs from $124,400 to $256,850, depending on store format. As of July, Vaporfi had 22 franchise locations in eight states and expects to open seven more by this fall. By late 2017, the brand is aiming for 50 locations and doubling that to over 100 locations by 2020.
Vaporfi Franchise Benefits
Our goal is to make Vaporfi a vaper household name. We have already demonstrated our ability to do so in all geographical areas we’ve tapped with retail stores, but there’s still plenty of USA ground to cover. By maintaining high brand adherence standards, we have created a unique look that makes us instantly recognizable. Our commitment to the Vaporfi brand is unwavering and we only plan on increasing our brand expansion efforts in the coming years.
EXCEPTIONAL SUPPORT: You’re never alone – near ‘round-the-clock support from our exceptional management team, along with on-site training at our corporate headquarters are just a couple of examples of how we’re with you each step of the way.
RIGHT STORE FORMAT: Choose the store format (i.e. free-standing building, shopping center inline store, mall kiosk or mall inline) that best fits with your requirements. Vaporfi offers impressive flexibility and support for this important decision.
A VERTICALLY INTEGRATED BUSINESS MODEL: Since we control the production process of our vapor devices, accessories, and e-liquids, we’re able to offer a low overhead business model, which means more savings and profit for you.
LOYAL AND REPEAT CUSTOMERS: Customers are always coming back for more. Our durable devices and exclusive e-liquid flavor blending options keep customers returning to try new flavors, pick up their regulars or try out the hottest new device on the market.
REVENUE SHARING: Enjoy access to an industry-exclusive revenue sharing program for online sales which pays you a commission for any online sales initiated from your store.
A Proven Business Model & Unrivaled Support
If you’re searching for a way to get your foot in the door of this booming industry, you want to consider a Vaporfi franchise backed by International Vapor Group. Not only does our company manufacture the highest quality and most recognized devices on the market, but our management team has a combined 100+ years of experience in manufacturing, distribution and retail. At the helm of IVG, CEO Nick Molina has decades of proven retail prowess including his founding and expanding “Let’s Talk Cellular” to become a 289 store chain. From the top down, our teams of retail and sales experts are here for you every step of the way. You can count on EXCEPTIONAL SUPPORT including:
MANAGEMENT EXPERTISE: Our VP of Store Operations, Cortni Lewis, has over 20 years of experience in retail and is dedicated to ensuring that all awarded franchisees are given the tools they need to run a successful retail business.
TRAINING FROM MASTERS: of the Industry: Our training managers know the ‘in’s, ‘out’s, and all the ‘in-between’s of the vapor industry. They are sales experts, business owners, store managers, and at your side every step of the way.
STREAMLINED PROCESS: All Vaporfi franchise owners are introduced to their project coordinator the day they are awarded a franchise. From that point on, they have a committed guide who will help them up until the day their doors open for business.
INDUSTRY-LEADING PARTNERS: As an industry veteran, Vaporfi ensures that their franchise owners work with the cream of the crop when it comes to opening their business. From a powerful worldwide real estate network at Newmark Grubb Knight Frank to assist in site selection to masterfully crafted millwork with Randal Retail Group, Vaporfi takes the guesswork out of selecting the best possible vendor.