Q&A: Does Vapestore Franchise in the UK?

Lily Sweeney, writer

Published at 06/02/2022, Updated on 04/05/2022 , Reading time: 5 min

Q&A: Does Vapestore Franchise in the UK? — Photo © Q_A-Does-Vapestore-Franchise-in-the-UK.jpg

Dreaming of starting a profitable franchise and becoming a business owner? Why not consider launching your very own Vapestore business? Since 2014, Vapestore has been a big name in the vaping sub-sector of the massive retail industry. As a popular alternative to cigarettes which has grown in prominence massively in recent years, you can be sure that selling vaping products will come with plenty of consumer demand.

Statistics from 2020 show that over 3 million people in the UK vape [Office for National Statistics]. That’s a strong customer base - and one that’s only expanding with the years. If you’d love to run a Vapestore franchise, keep reading. Below, you’ll discover everything you need to know in order to invest with the growing retail network.

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Does Vapestore franchise in the UK?

If you’d love nothing more than to launch a Vapestore in your local community, you’ll be pleased to know that yes, Vapestore does franchise in the UK. Since 2017, the BFA-accredited business has welcomed franchisees, and Vapestore is confident in both its proven business model and its excellent franchisee support provision. If you’re making a career change with a retail franchise, be sure to consider Vapestore as a strong contender.

We introduced our new E-Cigarette Franchise Programme in 2016 and launched it in 2017. This programme was created to maximise the investment potential of prospective Vapestore franchise owners, who will have a huge advantage setting up their business. - Vapestore

The history of the Vapestore brand

Vapestore does what it says on the tin: Sells a range of high-quality vaping products, e-liquids and disposable pods from some of the world’s top vape brands. The ever-expanding Vapestore Collection includes “such reputable names as Smok, Innokin and Aspire”, along with a “huge assortment of e-liquids from popular brands like Nasty Juice and Dinner Lady” and Vapestore’s own “phenomenally successful lines of Double Drip and Vapouriz Premium liquids” [Vapestore].

The very first Vapestore opened its doors in Guildford, Surrey back in 2014, and saw pretty immediate success. Soon after in 2017, the company’s franchise programme was officially launched and the chance for others to own their own branded Vapestore became available. Vapestore is both a brick-and-mortar seller of vape products and a leading online vape retailer in the UK.

Each product has been carefully chosen by vapers, for vapers. We source directly from the manufacturer and offer unrivalled customer service, allowing you to shop with complete confidence every step of the way. - Vapestore

Start a franchise in the vape industry with a Vapestore vape shop

If all you’ve learned so far about Vapestore has left you ready to make your move, keep reading. The three questions (and their corresponding answers) listed below will allow you to discover everything you need to know in order to make a fully informed franchise investment with Vapestore...

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1. How do you go about starting a vape franchise with Vapestore?

You can request more information about franchising with Vapestore and register your potential interest via the brand’s Point Franchise profile page (linked above). Note, before you do, that you don’t need specific experience in the vaping sub-sector in order to thrive as the owner of a Vapestore business. Instead, you simply need a business background and enough capital to get your Vapestore off the ground.

Our franchise programme is designed for experienced business people who want to enter into this exciting and growing sector, without the need for being a vaper or a vaping expert, as we take all the worry out of knowing what products to stock and how to source them. We are a one stop supplier for everything they will ever need. - Vapestore

1. How much do you need to invest?

In order to become a Vapestore franchisee, you’ll need to make a minimum initial investment in the region of £50,000. This will cover working capital, shop lease, shop fit-out, and the franchise fee of £25,000. The average cost of starting a franchise, as of 2018, was £42,200 [British Franchise Association]. As you might expect, Vapestore sits just above this average - it costs more to run a store than it would to run a home-based online franchise, for instance. To give you a better sense of where the brand fits in the retail space, here are a few investment cost examples for other stores:

2. What do you get for your investment?

Vapestore is a comprehensive franchisor, there to provide you with everything you need to thrive once you’ve made your investment. As well as a 5 year licence to use the Vapestore name and branding, you’ll gain access to a full franchise package of support and training, consisting of all the following things and more:

Business plan writing/finance sourcing support
Site selection support
Shop design and fit-out support (and help reaching a layout in accordance with Vapestore brand guidelines)
Branding help (including a Vapestore fascia)
Marketing support (including a launch package, local marketing campaigns and national marketing campaigns)
A structured programme of induction training
Subsequent ongoing training opportunities for you and your staff members
Vapestore’s Vend EPoS kit (and full training on how to use it)
Vapestore’s iZettle payment system interface (for contactless credit and debit payments)
Dedicated field support from a Business Development Manager
Mystery shopping and quarterly audits

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 in-store experience. - Vapestore

Vapestore franchise opportunities are a great way to start running your own business

Starting a Vapestore franchise is a great way to join a popular niche of the retail industry, and hopefully, you’re now equipped with all the info you need to make it happen. If running a store appeals, but you’re not sure selling Vapestore e-liquid and Vapestore disposable pods is the right fit, stay on Point Franchise and continue your research. Browse the vast range of retail franchise investment opportunities, from Signorini Tartufi to Noa Noa.