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Premier Vapor & Lounge

Owning a Premier Vapor & Lounge? retail store provides you an opportunity to partner with an industry leader in this highly competitive space. The E-cigarette industry which has experienced explosive growth since its inception, increasing from $250 million annual revenue in 2012 to nearly $7 billion in annual revenue in 2015. This is unheard of in the retail sector. As a result of this exponential growth, there is a need for worthy retail outlets worldwide to keep up with the consumer demand. Be a part of a company who has been in this retail sector from its infancy stage and has positioned itself as a reputable and trustworthy brand that continues to stay ahead of the competition. Have an experienced team behind you every step of the way in this exploding marketplace!

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Premier Vapor & Lounge
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Premier Vapor & Lounge Franchise Cost and Requirements for 2024

Background

10 Reasons why Premier Vapor & Lounge is the best franchise business opportunity to take a serious look at:

  1. Extremely High margins with low overhead in an exciting BOOMING industry
  2. The E-Cig industry is expected to grow 74% annually
  3. Turn-key opportunity
  4. Recession proof industry
  5. Minimal investment risk
  6. Prior experience not required
  7. Complete store set-up with a classy modern layout and design
  8. Best in class franchisee support, including initial and ongoing inventory
  9. All initial and ongoing marketing material provided
  10. Website and social media platforms created

Company Details

Established: 2015
First Unit Franchised: 2015
Franchised Units: 7
Company Owned Units: 2
States Registered In: New York | Illinois
Canada Franchises: No
International Franchises: Yes

Support and Training Offered By Premier Vapor & Lounge

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes

Training: Training at headquarters: 1 week

2024 Franchise Requirements Needed to Own a Premier Vapor & Lounge Franchise.

What does a Premier Vapor & Lounge Franchise Cost?

Premier Vapor & Lounge franchise fees for 2024:

Cash Investment: $85,650-$122,100
Total Investment: $122,100
Minimum Net Worth: $100,000
Franchise Fee: $24,900
Royalty: 6.0%
Ad: Co-op Advertising | Ad Slicks | Regional Media
Average Number of Employees: 2
Item 19: No
SBA Approved: No
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes

Special Discount Programs: We offer $5000.00 off of the franchise fee for veterans.

Is Premier Vapor & Lounge a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Premier Vapor & Lounge is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Premier Vapor & Lounge a Home Based franchise?

No. Premier Vapor & Lounge is not a home based franchise opportunity.

What Do Premier Vapor & Lounge Franchise Owners Make?

This information is not available. Premier Vapor & Lounge does not offer an Item 19 in their Franchise Disclosure Document.

Is Premier Vapor & Lounge a Master Franchise Opportunity?

Yes. Premier Vapor & Lounge is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Premier Vapor & Lounge Offer a Veteran Discount?

Yes. Premier Vapor & Lounge franchise does offer a veteran discount.

Does Premier Vapor & Lounge Work with E2 Visa and EB-5 Visa Candidates?

No. Premier Vapor & Lounge franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Premier Vapor & Lounge Looking for Franchisees in Canada?

No. Premier Vapor & Lounge franchise is not looking for Canada franchisees.

Is Premier Vapor & Lounge Looking for International franchisees?

Yes. Premier Vapor & Lounge franchise is looking for International franchisees.

Where can I see Premier Vapor & Lounge's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Miscellaneous & Unique, Retail, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

Yes

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

No

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

Yes

E2 Visa Franchise

No

Premier Vapor & Lounge Franchises for Sale

Click Here to inquire about existing Premier Vapor & Lounge franchises for sale. We may have Premier Vapor & Lounge franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to Premier Vapor & Lounge

360clean, Beyond by Aerus, Nurse Next Door, Pinot's Palette, CBD Emporium, Anodyne, Snap-On Tools, WineStyles Tasting Station, UCBC Bagels, Edible, Brass Tap, The Spice & Tea Exchange, The Counter, Crepe Delicious, Biscuit Belly, Smallcakes Cupcakery and Creamery, Tapville Social, Breadsmith, Del's Popcorn Shop, Rocky Mountain Chocolate Factory, Salads 2 Your Door, Yummy Cupcakes, Winans Chocolates + Coffees, Duff’s CakeMix, Sweet Red Peach, Vegan Fine Foods, Bambu, Candy Food Truck, Sumo Snow, The Vine Wine Bar, Churrito Loco, Churromania, Precision Door Service, Get A Grip Resurfacing, Cocoa Forte, Dessert'D Organic Bake Shop, Signal, Waters Edge Wineries, Rocket Fizz Soda Pop and Candy Shop, Global Brew Tap House, Emma’s Tea Spot, Scooped Cookie Dough Bar, Comic Book Café, Craft Beer Cellar, The Urban Cookie, Delish Delivered, The Honey Baked Ham Co., Dippin' Dots, Gong Cha, HTeaO, The Dolly Llama, Bliss Tea & Treats, Schakolad Chocolate Factory, Kung Fu Tea, Boba & More, Stir's, Farm Stores, Pearle Vision, Coconut Stock, Mutts Canine Cantina, The Good Feet Store, Cyberglobal USA

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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