WHO WE ARE
Vape Hutz LTD was founded in June 2018.
The CEO Wasim Bajwa has been in the industry for over 5 years and had two successful Vape stores running under the brand ‘Online Vapour Store’. Wasim was keen to expand but the high business taxes and rents made finding key locations too expensive and unfeasible.
He then devised an innovative portable retail shop concept – an exciting and new opportunity, from which Vape Huts was founded. Having a portable shop meant the company was able to secure key locations with high footfall and ensure low rental agreements across the country. A BETA test hut was launched in Wrexham in Jan 2019. The business also simultaneously opened a large bricks & mortar retail location with a distribution building.
Currently the business has 4 locations and is turning over approximately £600k per year.
Wasim is a firm believer in providing outstanding service and putting the customer experience first.
He is now looking for franchise partners with the same ethos and drive, who would like to join this expanding business at a time when Vaping and CBD is growing rapidly. This is a fantastic opportunity to join the Vape Huts brand, which will open new Vape stores across numerous key locations in the UK.
Vape Huts will provide the very best quality Vape and CBD products at affordable prices, whilst delivering a VIP service and creating LOYAL customers.
Franchisees will be provided with a selection of over 500 key locations to choose from.
Rents are as low as just £15,000 PER YEAR! This will only be available for the first 50 franchises. The first 50 franchisees will also be able to purchase their huts at the introductory rate, therefore making it easy to secure finance.
Vape Huts is committed to providing each franchisee with as much support as possible to allow them to grow their franchise. The founder and CEO Wasim has extensive experience of running regional sale management teams.
“Our Ethos is cheap rental fees, great locations, the best product prices and most importantly providing great customer service”
The Key is customer retention – we have some customers who spend approximately £100 a month in our stores, purchasing everything from liquids and coils to new vaping devices.
A customer will always need replacement filters and liquids for their devices, thus generating recurring revenue is a key benefit of this franchise opportunity. Plus with Health Huts CBD products there is a whole new target market to tap into for extra revenue.
Ongoing Support Includes:
Training of employees and managers – covering all features of the entire product range and the benefits for customers
Access to our EPOS (retail stock management) system
Training at the Vape Huts headquarters in Manchester
Management meetings to learn about new business initiatives & product promotions designed to drive sales
Customer focused support from the Vape Huts Team
Earning potential is based on two primary factors – location and service.
A busy hut should be able to return over £200,000 per year, with a hut located in a location with less access to passing traffic and customer footfall generating approximately £100,000 per year. Therefore with overheads so low it makes perfect business sense that franchisees will be able to generate average profit margins of 40%. The first Vape Huts store launched in Wrexham was able to achieve profitability in just two weeks.
The business concept and structure the CEO has created is specifically designed to enable franchisees to keep costs at a minimum. We believe this is key to the success of Vape Huts. In addition, another great advantage of the Vape Huts concept is the portability of our huts, this means they can easily be relocated after 12 months.
|Year 1||Year 2||Year 3|
It is important to emphasise that the above figures are projections provided for the purpose of illustration and are not intended to be a statement, representation, warranty or guarantee of individual franchisee earnings. It is essential that (prior to entering into the franchise) you satisfy yourself of the value of the investment you intend to make in terms of both time and money. So, if you’re looking for a proven franchise with attractive and achievable revenue opportunities, look no further.
WANT TO FIND OUT MORE ABOUT THIS OPPORTUNITY?
Simply fill out the contact form below and this opportunity will contact you directly