£25,000
Retail
N/A
POA
N/A
N/A
About Eco Vape
Eco Vape is one of the UK’s biggest e-liquid manufacturers, creating and distributing over one million bottles of e-liquid in the UK and internationally every month.
The company began its journey in October 2014 as a business supplying quality electronic cigarettes and e-liquids at an affordable price. Its founders had noticed an influx of American manufactured e-liquids, which meant inflated prices that many UK consumers could not afford.
Eco Vape products are now sold in over 30 countries around the world, supported by widespread brand marketing, international vape expos and appearances in magazines and on online platforms.
Eco Vape is also one of the biggest shop front retailers in the UK and in 2019 reached 23 stores spanning the East Midlands. The company’s 65,000 sq ft warehouse in Nottinghamshire, which includes a state of the art lab and clean room, is where the Eco Vape workforce handles all orders and fulfilment enquiries. The facility can produce in the region of 150,000 bottles of e-liquid a day.
It is the company’s intention to expand the business and achieve national coverage across the UK through franchising.
How does the Eco Vape franchise model work?
An Eco Vape franchise offers competitively priced goods to consumers, which it turn deliver high profit margins to franchisees.
The Eco Vape franchise fee starts from £1,995. Franchisees must also pay a monthly service charge of from £100 to cover EPOS and management services, plus a minimum investment of £25,000 for shop fit and stock, which varies depending on the size and condition of the shop and the investor’s budget.
Stock management, accounts and business administration are all managed by head office, which automatically generates weekly orders that are dispatched to stores. Using Eco Vape’s custom built cloud based EPOS till system, franchisees can see what items are being sold anywhere and at any time.
The company sells its own e-liquids, which come in a wide range of flavours. More than 700 products are registered with the Medicines and Healthcare Products Regulatory Agency (MHRA) and EU compliance portal. By only stocking its own brands, Eco Vape has built a business that benefits from regular repeat purchases: customers return again and again for their favourite e-liquid flavour.
What locations or territories is Eco Vape looking to operate in?
Eco Vape is interested to hear from potential franchisees nationwide.
Why is Eco Vape a good investment?
Vapes and e-cigarettes are a profitable sector for start ups, according to the UK Vaping Industry Association (UKVIA). As long as there are smokers, there will always be smokers who want to quit and the vaping business will continue to profit from this by providing a healthier alternative to smoking.
According to Euromonitor International, the estimated number of e-cigarette users worldwide is over 35 million and the research company’s forecast predicts that there will be around 55 million vapers by 2021. The vape sector is therefore likely to grow significantly, mirroring the growth of coffee and mobile phone shops, industry experts believe.
Eco Vape sells only the best quality vaping products, meaning users return and recommend Eco Vape products. All vaping liquids are produced in house at the company’s £2m production facilities. This level of control at every stage of the manufacturing process ensures all materials and ingredients meet the highest standards.
From the initial discussions to the opening of an Eco Vape franchise, the company’s team of business and industry experts will guide potential new franchisees through the process of setting up and running their own successful vaping franchise. As a result, there’s no need to be a vaper or vaping expert, and Eco Vape takes all the worry out of knowing what products to stock and how to source them.
Investing in an established company such as Eco Vape, which operates in a rapidly growing market, will enable you to build your own successful business with the expertise of an established company supporting you.
Where in the UK is the franchise based?
Eco Vape head office and its warehouse manufacturing facility are both based in Nottinghamshire.
What support and training do Eco Vape franchisees receive?
The company’s comprehensive initial and ongoing training programme takes place at Eco Vape headquarters and in store. It covers all aspects of the business and enables franchisees to stay at the cutting edge of the industry.
Ongoing support is provided by the company’s experienced team at head office, while franchisees are also helped with selecting the site of their store, store fit out and marketing their business.
How in demand is vaping right now?
An independent report published by Public Health England recently suggested that at least 20,000 people a year are stopping smoking traditional cigarettes with the help of vapes and other types of e-cigarette. The report also says that vapes are at least 95 per cent less harmful than smoking.
Eco Vape’s own research reveals that an estimated 2.9 million adults in Great Britain currently use e-cigarettes and this number continues to grow. There are now more ex-smokers (1.5 million) who use e-cigarettes than current smokers (1.3 million), presenting a clear opportunity to build a successful business in the vaping sector.
How can I get started on setting up my own business?
Complete the enquiry form on this page and a member of Eco Vape’s head office will get in touch with you for a no obligation chat about the franchise opportunity and answer any questions you may have about the business.
Enquire into this franchise today
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