"Based on your application and financial information, you may be eligible to
purchase more than one Smoker’s Destiny franchise up front and at a
discounted rate."
Do I still get the discounted rate if I open additional locations later?
"No, in order to benefit from the reduced initial franchise fee, you must
purchase all agreements up front."
What time of day is Smoker's Destiny open for business?
"Smoker's Destiny, one of the fastest growing retail smoke and wellness
shops, is open from 9:00 AM – 10:00 PM. You may choose to open early or
close late. "
How much time do I need to spend in my Retail store?
"We highly encourage a hands-on approach in the ramp-up and development of
your retail store(s). Guest service and a great attitude are major factors
and should not be taken for granted. As you develop your business and hire
reliable managers, we still encourage your participation during peak
business times."
Does Smoker's Destiny encourage applications from women and minority
owners/operators?
"Absolutely, yes.
"
Financial Questions
How much to start a franchise?
"The initial franchise fee for your first franchise is $25,000. The initial
franchise fee for multiple units may be discounted for additional franchises
based on certain conditions and criteria. The estimated initial investment for a
typical Smoker's Destiny franchise will be between $346,450 and $778,600."
What do I need to qualify financially?
"To purchase a Smoker's Destiny franchise, you will need a credit score of 680
and the required liquid capital of $150k."
If I don’t meet the financial or operational criteria to become a franchisee, can I
partner with someone who does?
"Yes you can. As long as your partner owns at least 50% of your organization,
this is fine. "
Do you help me secure financing?
"Smoker's Destiny does not offer financing though we have a broad list of
recommended lenders we can share with candidates."
Is there a continuing royalty fee?
"The continuing royalty is 6% of gross sales, excluding sales tax.
"
Training Questions
How many people attend training?
"Up to two people are included in the training process as part of the initial
franchise fee. Additional staff may attend for a fee."
Marketing Questions
I’m not a marketing expert. How do I build sales?
"Building sales takes effort on many different levels – from running your
business with maintaining inventory, to strong operations to local store
marketing to most importantly, ensuring that you give every guest a reason to
return. The Smoker's Destiny marketing team, in addition to creative agencies
and public relations firms, will assist you by creating national marketing
initiatives and advertising to help build awareness and trial. Of course,
operating a smoke shop that delights customers and interacts well with the
community is also critical for word-of-mouth and repeat business."
Real Estate Questions
What are the best locations for a new Smoke shop?
"Smoker's Destiny appeals to many different demographic groups. An appealing,
accessible location is always critical. We will help you analyze potential
buildings and locations based on our decades of experience to date. Your own
observations of what has succeeded and what has not in your target markets are
also invaluable."
Who signs the lease?
"You, the franchisee, will sign the lease.
"
What is the average size of a Smoker's Destiny location?
"The average traditional retail is between 1,500 and 5,000 sq. ft."
Who designs and builds the store?
"A Smoker's Destiny construction coordinator will help you manage your custom
design plans and we will assist you in securing an architect and engineer, as
well as identifying approved subcontractors.
"
Purchasing Questions
Where do I buy my supplies, such as Inventory?
"Smoker's Destiny has a national network of approved distributors that carry our
contracted and proprietary products."
