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Franchise
We can provide an electronic cigarette franchise for you. Ecigwizard is the trading/brand name of ‘ECIGW Ltd’ an outstanding UK success story in the electronic cigarettes (‘e-cigarettes’) market.
We’re one of Europe’s leading retailers of electronic cigarettes and e-liquids (collectively known as ‘e-cigarettes’) and have developed a highly successful and profitable retail business model that we’re rolling out across the UK.
The market for e-cigarettes is growing at an incredible rate and is poised to accelerate even further, as more and more traditional cigarette smokers become aware of the benefits of e-cigarettes.
We’re now offering an exciting opportunity for people to start their own Ecigwizard franchised retail business in their local area, with the help and support of ECIGW Ltd behind them.
WHAT THE FRANCHISE PROVIDES!
The Ecigwizard franchise package provides everything you need to be a success.
RIGHTS GRANTED
• Rights to operate the Ecigwizard Franchise for the term of the Franchise Agreement (5 years with the right to renew)• Use of Ecigwizard trademarks
• Exclusive territory defined by post code
PREMISES
• Finding and evaluating suitable premises• Design and building alterations
• Assistance with lease negotiations
• Signage and internal layout and fittings
TRAINING AND SUPPORT
Initial training covering all aspects of running an Ecigwizard Franchise, including: .
• Roles and responsibilities of franchisees and the franchisor•The electronic cigarette market
• Product knowledge
• Being a successful retailer
• General business management and admin
• Stock control/cash-handling/banking
• Serving customers/customer care
• Financial management
• Legislation
• Assistance with business plan/raising finance
• Business launch
• Ongoing support
• On-site post-opening training
• Regular and ad hoc site visits by dedicated support personnel
• Regular telephone contact by head office
• Ongoing product R&D
• Regional/National franchisee meetings
PRODUCTS AND EQUIPMENT
Initial and ongoing supplies of:
• E-cigarette hardware and e-liquids• Branded corporate clothing
• Sales promotional materials
• Business stationery and forms
• EPOS system • AV/sound system
THE FINANCIAL REWARDS
Whilst the Ecigwizard retail model has demonstrated a capability to generate very attractive profits, the performance of each outlet depends very much on the effort andability of the franchisee.
That said, based on the performance of our existing outlets, a well-run business operated by a committed franchisee that follows our tried and tested systems, has the potential to mirror the performance illustrated below:
| Year 1 | Year 2 | Year 3 | |
|---|---|---|---|
| Sales | £193,000 | £250,000 | £290,000 |
| Gross Profit (52%) | £100,000 | £130,000 | £151,000 |
| Operating Profit | £42,000 | £56,000 | £70,500 |
N.B. The above figures are based on the performance of ECIGW Ltd’s existing company-owned outlets. They are included here only to illustrate the potential of an Ecigwizard Franchise at the assumed levels of sales and costs shown.
They should not be taken as a guarantee of performance and no such guarantee is offered by ECIGW Ltd. We advise anyone considering taking out an Ecigwizard franchise to seek independent financial advice before entering into a franchise agreement.
ARE YOU INTERESTED?
If you feel you meet our requirements described in the previous section and would like to find out more, you have a number of options. You can…
• Call us to discuss any questions you may have at this point.• Attend one of our Discovery Days at head office, where you can meet our head office team and one of our existing franchisees.
• Tour our head office facilities.
• See a detailed presentation about the Ecigwizard Franchise opportunity and have all of your questions answered.
• Meet up with one of our head office team at an Ecigwizard shop local to you and have all of your questions answered.
If you’d like to proceed with one of these options please call us on 0345 305 2585 to discuss electronic cigarette franchise opportunities. You’ll be transferred to someone in our franchise department who will be delighted to help you.