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Wake N Vape

Wake N Vape, founded in 2014 in South […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2014
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $71,400
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 4.5%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

About Wake N Vape Franchises

Wake N Vape, founded in 2014 in South Florida, is a leading retailer of vaporizers, e-liquids, and related products. They're known for their high-quality e-liquids, developed through extensive research and development. In 2019, Wake N Vape expanded through franchising, offering aspiring entrepreneurs a chance to own a piece of this thriving business.

What Does Wake N Vape Offer?

Beyond vaporizers and e-liquids, Wake N Vape franchises offer a wide range of products, including:

  • Apparel
  • Smoking essentials
  • Do-it-yourself (DIY) e-liquid supplies

They also operate as a CBD lounge, providing a space for customers to relax and enjoy their smoking products, including rig rentals for dabbing CBD concentrates and herbal oils.

Why Choose a Wake N Vape Franchise?

If you're looking to open a business in the growing alternative smoking industry, a Wake N Vape franchise might be a good fit. Here's what makes them stand out:

High-Quality Products

Wake N Vape prioritizes quality. They invest months in developing each new e-liquid flavor, carefully balancing ingredients, testing flavor notes, and maintaining rigorous quality control standards. This commitment to quality can translate into a more predictable and successful business for franchisees.

Support for the Vaping Lifestyle

Wake N Vape franchises offer more than just products. They provide a dedicated space for customers to enjoy their vaping experience, adding a social element to their business model.

Exclusive Territories

Wake N Vape offers exclusive territories, ensuring that franchisees operate without direct competition from other Wake N Vape units in their designated area.

Franchise Details

Wake N Vape franchise agreements typically last for ten years with the possibility of renewal if franchisees meet specific requirements. These requirements include running the business full-time and employing at least five staff members.

Financial Considerations

To become a Wake N Vape franchisee, you'll need to make an initial investment, including a franchise fee and startup costs. You'll also be responsible for ongoing fees such as advertising, royalty, and potential renewal fees. Additionally, Wake N Vape may have net worth requirements for prospective franchisees.

Steps to Opening a Wake N Vape Franchise

If you're interested in opening a Wake N Vape franchise, there are several steps you should take:

1. Research and Due Diligence

Begin by researching the Wake N Vape brand and assessing if a franchise would be a good fit for your community. You can find information on their website and reach out to existing franchisees for insights into their experiences.

2. Contact Wake N Vape

Once you've conducted your initial research, contact Wake N Vape directly to discuss the franchising process. They can provide you with more detailed information about their franchise opportunities.

3. Financial Planning

Evaluate your financial readiness for the initial investment and ongoing costs associated with owning a Wake N Vape franchise. This includes franchise fees, startup expenses, and ongoing operating costs.

4. Franchise Agreement Review

Thoroughly review the franchise agreement with a legal professional. This ensures you understand the terms and conditions before making any commitments.

5. Training and Support

Wake N Vape provides comprehensive training and support to franchisees throughout the process, from pre-opening preparation to ongoing operations. This includes marketing assistance, site selection, lease negotiations, on-the-job training, and ongoing support after the franchise opens.

Ready to Take the Next Step?

If you're looking for a franchise opportunity with a strong brand, quality products, and a supportive franchisor, Wake N Vape could be the right choice for you. Take the first step by visiting their website or contacting them directly to learn more about their franchise opportunities.

Support & Training offered by Wake N Vape

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Additional Information

Category Location N/A
Number of Units Open 1 (as of 2021)
Investment Range $71,400 - $106,300
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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