It’s been quite apparent for some time now that the e-cigarette market is expanding rapidly in the area of retail. As an industry that truly got its footing online, the market has shifted in such a direction that brick-and-mortar retail is the next frontier. As more and more smokers have switched to e-cigarettes, and more are encouraged to do so by the increasing popularity, electronic cigarette retail is getting hotter than ever.
The e-cigarette industry is exploding, as many already are aware. Last year, the industry saw profits over $1 billion, and this year it has climbed to nearly $2 billion (so far); showing incredible growth. Along these lines, the retail sector is expanding rapidly as well, with approximately 35,000 stores currently open and serving the vaping public.
VaporFi, our top of the line brand that combines advanced vaporizers and e-cigarettes and our very own, high-end retail locations has truly tapped into the possibilities that lie in this market. While e-cigarette vapor shops are popping up everywhere, opening seemingly in every town these days, what most lack is superb quality. VaporFi offers not just the best quality and advancements this industry is seeing, when you walk into one of these locations you are getting a distinctive experience. You are embraced by a luxurious atmosphere, incredible products, and a scene that inspires socializing. Every VaporFi location is outfitted with a “vapor bar” where customers can sit down, get comfortable, and sample any flavors they wish, which are mixed by expert “Vapetenders.”
VaporFi’s rapid expansion also speaks volumes as to the company’s impact, having succeeded so immensely in such a short amount of time. One new store opens weekly, on average, and before the end of 2015 we are on target to have 50 stores open. Suffice it to say, this brand is leading the industry.
For those looking to get into the e-cigarette industry via franchising, VaporFi is an excellent point of entry. With exceptionally high markups and low overhead, this is the brand to be a part of!
If you are interested in becoming a franchisee with VaporFi, contact us about available opportunities!