e cig shop franchise

e cig shop franchise

Author
Discussion

layercake

Original Poster:

422 posts

104 months

Friday 21st April 2017
quotequote all
hi folks

wanted to see if there were any e cig shop owners, in particular franchise for vaporized, their shops seem to be everywhere

cheers

bazza white

3,558 posts

128 months

Friday 21st April 2017
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I'm not sure i would franchise you could go it alone fairly easily and cheaply.


Quite a saturated market now as well. Many jumped on the bandwagon.


dudleybloke

19,804 posts

186 months

Friday 21st April 2017
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Vape shops are on the decline round here. Most have shut and the others are struggling.

uber

855 posts

170 months

Friday 21st April 2017
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The guys who own the business you are looking to franchise posts on this forum so may pop along to answer!

untakenname

4,966 posts

192 months

Friday 21st April 2017
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The new law coming in next month banning the sale of liquids unless they are 10ml or less and have a material data safety sheet and also limiting devices to 2ml is gonna have a massive impact, can see trading standards shutting loads down unfortunately frown

Trabi601

4,865 posts

95 months

Friday 21st April 2017
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Big market for this stuff... but in existing convenience and forecourt shops.

Not a sustainable business as a standalone unit.

dudleybloke

19,804 posts

186 months

Friday 21st April 2017
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The writing was on the wall the moment the pound shops started selling the stuff.

LaurasOtherHalf

21,429 posts

196 months

Friday 21st April 2017
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There's loads in our town too, independent shops, a kiosk in the shopping centre and national brand or two.

The one thing they all have in common is I've never seen more than one "customer" in any of them and they just seemed to be the bloke behind the counter's mate.

As above, the money must be in importing and distribution.

Piersman2

6,597 posts

199 months

Friday 21st April 2017
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I thought about selling the e-cig stuff about 4 years ago when I first started vaping. Back then it was all a bit wild west, but already the market online was saturated with a plethora of decent re-sellers, who could delivery quickly and cheaply. It was obvious to me that those who were going to make proper money were those with the existing websites with their expanding user bases. I considered doing a shop as the online stuff was all so terribly confusing and it would have made life way easier if I could have gone into a shop and tried a few things.

However, it also crossed my mind that once someone knew what to buy, they'd be sourcing it from the cheapest supplier online. No repeat custom in the shop, so seemed obvious to me that opening a shop was going to be a money pit with little or no repeat custom or profit.

Nothing I've seen since has changed that opinion.

eliot

11,418 posts

254 months

Saturday 22nd April 2017
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We have three vape shops in Newport Pagnell - always empty. Really don't understand the business model.

jbswagger

731 posts

201 months

Saturday 22nd April 2017
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eliot said:
We have three vape shops in Newport Pagnell - always empty. Really don't understand the business model.
Money laundering?

Nickyboy

6,700 posts

234 months

Saturday 22nd April 2017
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eliot said:
We have three vape shops in Newport Pagnell - always empty. Really don't understand the business model.
Ditto

There is 4 in the town i deliver parcels to, 3 of which i deliver stock to fairly reguarly, never see anyone on there except their "mates" who are usually trying to outdo each other making the interior of the shop somewhat fog like. That said, the shops smell quite nice



mickytruelove

420 posts

111 months

Saturday 22nd April 2017
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most people order everything they need online unless they run out liquid or need a coil. With the new regulations coming in i think even more people will order online. The regulations are only gonna hurt UK business as far as i can see. I assumed its because there is no duty paid to government unlike fags.. any other reasons?


CaptainMorgan

1,454 posts

159 months

Saturday 22nd April 2017
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eliot said:
We have three vape shops in Newport Pagnell - always empty. Really don't understand the business model.
Every time I pass that ECIGWIZZARD I wonder how they make any cash, it's always empty. Same in Bletchley, we have a few Vape stores, all are always empty yet have reasonable size units.

twoblacklines

1,575 posts

161 months

Saturday 22nd April 2017
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untakenname said:
The new law coming in next month banning the sale of liquids unless they are 10ml or less and have a material data safety sheet and also limiting devices to 2ml is gonna have a massive impact, can see trading standards shutting loads down unfortunately frown
That sucks. I vape 0%mg and it is much easier to buy 30ml or 60ml than 10ml :/ Most US companies don't even make 10ml :/ (Liquid State and Liquid Nation - great vapes).

Most of the shops in my area are in low class environments for some reason, they seem to flourish there versus places like Chester.


twoblacklines

1,575 posts

161 months

Saturday 22nd April 2017
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jbswagger said:
Money laundering?
That is my presumption. All the known bad areas for drugs and other crimes around me have one thing in common - a vape shop nearby.

Mikeyjae

910 posts

106 months

Sunday 23rd April 2017
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The local shop to me is always busy and not exactly cheap but it is a national franchise which also has a website. I doubt the shop will get anything from the website as his is a franchise using the brand. This particular shop has only sold 10ml bottles since last year so it is well ahead of the law changes but it might hurt with the introduction of 2ml tanks.

As others have said its had its peak now so with laws coming in controlling the market, I can only see shops with a customer base doing well. I don't shop online as I use my local shop for convenience.

As an addition to an existing shop however it could still do well.

ymwoods

2,178 posts

177 months

Monday 24th April 2017
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I run a chain convenience store and sell what people would consider higher priced e-liquid. I do get a lot of younger people saying about being able to get cheaper vape from the market or x/y retailer and this has now meant I have sourced some cheaper sources/brands but the USP for the higher stuff is a lot of customers will swear by the better brands that are higher priced as they say that with the cheaper brands they get bad coughs and sore throats.

I find most of the customers that buy our liquid are impulse buyers, they are buying something else and then spot the liquid on display as queuing to pay. Very few come in just to buy liquid on its own.

I think a standalone shop, just selling liquid, is a huge risk, to be honest. You're competing with people like me that have been a bit slow to react to the change to the "cloud chaser" scene from just the alternative to cigarettes that it was, but we are reacting. I now stock the higher priced liquid along with cheaper brands and higher VG liquid for the cloud chasers. My staff are now trained and can offer the same service that a standalone shop could. We lack the massive range of flavours that a standalone shop could offer but, we can react quickly to changes in "tastes" as they occur and always have something very similar, or the same but from a different brand.

Obviously, I'm the competition to a point so I would say the above, but bear it in mind when making a decision as to where you want to put your money.

red_slr

17,217 posts

189 months

Monday 24th April 2017
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I know a guy in this business. He says the UK and US markets are pretty much dead in the water. He is currently selling most of his products back to China (crazy they are made there, shipped here then he sends it back!) or India.

hotchy

4,468 posts

126 months

Tuesday 25th April 2017
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When home bargains sell it for pennies, its done for.