|Minimum Cash Required||$100,000|
|Initial Franchise Fee||$24,900|
|Total Investment||$84,900 - $125,600|
|# of Existing Units||6|
|Royalties||ONGOING ROYALTY FEE 5%; AD ROYALTY FEE 2%|
Our CEO and founder, Kevin Monahan is a successful entrepreneur who was recognized as one of the top 50 home finance brokers in the state of New York in 2010. He has been involved in the tobacco & vapor industries since 2012, and has led Vapor to a 200% increase in revenue in a very short time. Premier Vapor offers only the best, the latest, and the safest premium e-liquid line in the market. Our high-quality liquids and vaping products ensure the most enjoyable and vaping experience for everyone. Through years of experience and industry knowledge, we know what the consumer wants and we, therefore provide the best products to accommodate the market demand. Most importantly Premier Vapor offers a relaxing atmosphere that combines a lounge and a retail store for customers to shop, hang out and experiment with the latest vape products and flavors.
Premier Vapor & Lounge is an E-cigarette/Vapor retail store that provides customers the opportunity to shop for their desired vapor products in a relaxing lounge atmosphere. Premier Vapor and Lounge provide the safest Electronic Cigarette experience on the market today. Premier Vapor & Lounge only stocks the highest quality hardware to ensure ultimate customer satisfaction. We do not compromise on low-end products in any of our stores.
Premier Vapor and Lounge helps you whether you are looking to quit smoking, join the electronic cigarette experience or find a better solution for your current electronic cigarette needs. They provide the smoothest transition regardless of your need. They have customer-friendly hours which allows for convenience regardless of your schedule.
The E-Cigarette marketplace is growing quickly. Our mission at Premier Vapor Lounge is to provide the safest E-Cigarette experience on the market today. Whether you’re looking to quit smoking harmful tobacco products, join the Electronic Cigarette experience or find an improved experience for your current vapor habits, Premier Vapor and Lounge is here to serve you!
As a Premier Vapor & Lounge franchisee, you enjoy the very best support and training experience in the franchise industry. Our goal is to make your franchise successful in the rapidly growing E-Cigarette/Vapor industry. This is your chance to grow with Premier Vapor & Lounge! If you have been dreaming about owning your own retail vapor store, here is your opportunity. We have done all the hard work and paved the way for you to have success with our proven track record.
For more information about Premier Vapor and Lounge and how you can start your own franchise, please call us at 305-592-9229 or email us at [email protected]
Premier Vapor & Lounge offers a comprehensive training program in order to ensure that the franchisees are 100% equipped with the knowledge, skills, expertise, and inventory management practices in order to successfully operate their own e-cig/vape retail location. The program itself consists of a 17-hour comprehensive classroom training and 23-hours of on the job training. This will allow franchisees to benefit from the franchisor’s retail and management experience and to become fully knowledgeable in the exciting field of e-cigarette and vapor business.
Premier Vapor & Lounge has exclusive distribution agreements with top manufactures and E-liquid producers which will allow you to maintain a massive edge over competitors. Premier Vapor is a highly reputable brand that maintains a huge following from surrounding markets. Premier Vapor & Lounge also offers a premium house brand of E-liquids and line of vaporizers. These products enjoy an even higher profit margin which directly contributes to our franchisees bottom line. Our self-tasting bar allows store employees to manage increased customer volume with ease and allows for lowered operational costs. Additional benefits include best in class franchisee support including store set up, ongoing consultation and trainings, marketing guidance, and constant introduction of new and innovative products.
Owning a Premier Vapor & Lounge retail store provides you an opportunity to partner with an industry leader in the rapidly growing E-Cigarette industry, which has experienced an explosive growth since its inception. The e-cig/vape industry has grown from a $250 million annual revenue in 2012 to nearly $3 billion in annual revenue today. This level of growth is normally unheard of in the retail sector. In addition, the Vapor/E-Cigarette industry’s sales are projected to surpass the traditional tobacco industry’s sales by 2017, and will continue to grow every year thereafter. We have geared our concept to provide you with the knowledge, inventory, support and training that will allow you to effectively meet any consumer expectation as well as succeed in various market segments within the vapor industry.
Premier Vapor & Lounge offers two different types of franchise opportunities. You can choose to own a single unit franchise which allows you to operate your own Premier Vapor & Lounge in a protected territory of your choice. We also offer Area Development Franchises for those looking to lock down a larger territory and slowly build a series of Premier Vapor & Lounge locations.