Joint Venture Partnership
While Alt. Vape represents The Smoking Alternative, it also represents an alternative to traditional vape retail stores. Alt. Vape has striven to provide a unique customer experience, while offering premium quality vapes and related products to local communities. With an industry-wide compound annual growth rate of over 15% (2017-2023), the entrance of “big tobacco” companies, and the rapid growth of distribution networks, now is the ideal time to secure your position within the industry.
The Alt. Vape “Joint Venture Partnership” is a business model where Alt. Vape and the Joint Venture Part-ner both invest in each new store. In a typical franchise situation the franchisee must finance the store on his or her own, and is fully liable for all risk.
Partners in Profit
Making the decision to open your own business is likely driven by two objectives: personal fulfillment and profit. As your “Partner in Profit,” Alt. Vape will look closely with you to help achieve these goals.
Franchise companies will often levy a large royalty based upon sales. Even if a store is not profitable, the franchisee is still obligated to pay this fee. At Alt. Vape, we recognize the inequity of this situation and therefore only charge a 2% general and administrative (G&A) fee. This fee covers all administrative services as stated below.
As “Partners in Profit” we carefully screen prospect locations to ensure that each store is financially-viable. If our partner doesn’t profit, Alt. Vape doesn’t profit either.
We believe the best way to ensure our high standards of quality is to let each member in the partnership concentrate on their strengths. As your partner, Alt. Vape will provide on-going overall administrative services such as marketing, accounting, technical support, inventory management, and the monitoring of operational standards. We stay abreast of new trends in the industry and strive to offer the best products and customer service available.
Business Opportunities and Joint Venture Information
Email: [email protected] Please include your full name, contact phone number, and City.