Vape Shop Business

Business Idea: Start A Vape Shop Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$210K
Avg Startup Costs
$13.7K
Market Size
Avg Revenue
Avg Days To Build
60 days

The global e-cigarette and vape market is expected to keep rising over the next years. Vapers are attracted to the marketable technology and flavorings seen in vaping devices.

According to statistics, around 7% of adults vape, and up to 20% of existing smokers vape.

If you are looking for a business idea you can launch at the strip mall, starting a vape shop is an irresistible opportunity.

To open a vape shop, partner with an experienced and reliable e-liquid wholesaler. Then research the market, so you understand your target market and have a clear picture of what they expect. Finding a good location for your vape shop will help you maximize sales.

Revenue & Profitability

How much do vape shop businesses make?

Startup Costs

How much does it cost to start a vape shop business?

  • It can cost as low as $5,000 to start a vape shop business.
  • It can cost as high as $30,000 to start a vape shop business.

Learn more about the costs of a vape shop business.

Examples Of Successful Vape Shop Businesses

Successful vape shop business businesses and case studies

A former ex-con launched Vape and Juice with just Β£5,000 and has since built a seven-figure vaping company with online sales increasing 800% during lockdown, by offering exceptional customer service and investing in talent.

$300K Monthly Revenue
$5K Startup Costs
Read by 9,329 founders

Upper Limits, a hybrid brick-and-mortar/e-commerce company located in Springfield, IL that sells dispensary, smoke shop products, and custom glass pipes, has succeeded in generating 366% greater sales revenue than their industry peers by facing challenges head-on and diversifying their revenue streams.

$120K Monthly Revenue
$30K Startup Costs
Read by 2,638 founders

See full list of successful vape shop businesses.