FORT MYERS, Fla., March 29, 2017 /PRNewswire/ -- Premier Vapor & Lounge® was recently ranked in Entrepreneur magazine's Top 100 New Franchises. This list recognizes the top 100 companies that have been franchising for five years or less, based on data submitted for Entrepreneur's Franchise 500® ranking. Premier Vapor & Lounge®, which began franchising in 2014, was ranked #78.
"It is a great honor to have been recognized by Entrepreneur as a Top 100 New franchise. We greatly respect Entrepreneur magazine and the curriculum in which they do business in their respective field. When I heard that we were chosen as a Top new Franchise by Entrepreneur, I immediately called all corporate staff into the conference room and congratulated all of them for their relentless, tireless pursuit for excellence. Premier Vapor® is one of the very few company's in this sector that does it all! From large scale distribution, wholesale operations, to retail operations and franchise opportunities, we are well versed and involved in every area of this revolutionary industry. All of our core business functions, franchise support systems, digital technology, creations and much more, are all done at our Corporate office in Fort Myers, Florida! We have 30 brands of E-Liquid that Premier Vapor® exclusively owns and founded, all in which exceed industry standards and regulatory guidelines. We believe that we have have truly made an imprint and set higher industry standards by conducting best business practices and methodologies in which we strive to improve everyday. I think it is every entrepreneur's goal to be recognized by such a notable Magazine. As the founder and CEO of Premier Vapor®, I am humbled and overjoyed to see the hard work being noticed by a highly respectable and reputable Magazine! My team and I will continue to work harder and harder to exceed all customer expectations in an industry sector unlike any other," said Kevin Monahan CEO of Premier Vapor & Lounge®.
"There was an impressive number of new franchise concepts vying for a ranking this year," says Jason Feifer, editor in chief of Entrepreneur. "These companies are already getting attention in the franchise world for their innovative products and services, marketing methods, and technologies."
Entrepreneur's 2017 Top New Franchises ranking was determined using the company's Franchise 500 formula, which is a comprehensive evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. Premier Vapor & Lounge®'s position on the ranking shows that it is already off to a strong start on its franchising journey.
To view Premier Vapor & Lounge® in the full ranking, visit entrepreneur.com/franchises/topnew. Results can also be seen in the April issue of Entrepreneur available now on newsstands.
The Electronic Cigarette/E-Vapor marketplace is growing rapidly throughout the nation. Our mission at Premier Vapor & Lounge® is to provide the safest Vaping products and E-Liquids on the market in a friendly comfortable lounge environment at affordable competitive prices. We pride ourselves on providing a wide variety of products to tailor the needs of each and every one of our customers. Premier Vapor & Lounge® employees are professionally trained and highly knowledgeable in all areas of the Vaping industry. Premier Vapor & Lounge® is rapidly expanding and aggressively opening new retail vapor outlets throughout the United States to accommodate Premium vapor products to consumers nationwide. Whether you are looking for a premium product or looking to join the vaping industry with your very own Premier Vapor® outlet, reach out to Premier Vapor® today!
Contact: Travis Bouck
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SOURCE Premier Vapor & Lounge