FREQUENTLY ASKED QUESTIONS
Q. What are the startup costs and what do they include?
After your initial franchise fee is paid, the rest of the estimated costs include expenses to fit out your Good Guy Vapes shop with the necessary equipment, signage, display fixtures and initial inventory. Costs include professional advisory fees from 3rd parties, insurance and 3 months of working capital. Please see our Investments section for more detail!
Q. How long does it take to open a Good Guy Vapes?
The time to open depends on how quickly you find a location. Once you become a Good Guy Vapes owner, you have our full support to get you up and running quickly. We will help you evaluate real estate options, select the equipment you will need and offer step-by-step guidance to help fit out your Good Guy Vapes. Once you commit to a location and sign your lease, you should be able to open in as short a time as 3 to 6 months.
Q. How do we select new products to sell?
No worries there! We have a dedicated team of individuals whose goal is to research the best products in the industry. We will provide you with recommendations on new products as well as provide training on its features.
Q. Do I have to be an Owner Operator?
No. You can hire a General Manager to run your shop.
Q. Can I own more than one shop or be a multi-unit operator?
Yes! We believe that many Good Guy Vapes owners will own more than one unit. Your interest in creating the experience and keeping the right products in stock, helping new customers select their starter kit and find their favorite flavor is where you start. You do have to hire a great team and remain compliant with local laws regardless of whether you own one shop or three.
Q. How many people does it take to run a Good Guy Vapes retail store?
If you are an Owner Operator, you will most likely start as the shop manager and we recommend between 2 and 3 team members for each shift depending on time of day or day of the week. You can hire full or part time staff as you grow to meet the demand in your Good Guy Vapes shop.
Q. How much money can I make? What is the ROI?
While we can’t answer that question directly, we will be able to share with you our Financial Performance Representation, called an Item 19 in our Franchise Disclosure Document which highlights affiliate performance and history. This can be a useful tool to help you evaluate the ROI.
Q. I'm ready to take the next steps into Good Guy Vapes franchising! What should I do next?
Fill out our inquiry form by clicking the button below!