Smoker's Destiny franchise
2023 filing · April 28, 2023Shares sales figures
Smoker's Destiny at a glance
A smoke and vape shop selling tobacco, nicotine and legal herbal products. At the end of 2022 there were 2 Smoker's Destiny locations in the US, all company-owned.
The business
- Industry
- Retail
- Franchisor
- Smoker's Destiny, LLC
- The company that sells the franchises
- Typical size
- 1,500–4,000 sq ft
What you pay
- Cost to open
- $346K–$779K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 8%
- 8% of gross revenue, paid weekly, plus at least 1% on local marketing
- Brand fund
- None now
- Not charged at present; up to 2% of gross revenue
- Agreement length
- 10 years
Where it is
- US locations, 2022
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in Pennsylvania
From Smoker's Destiny, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Smoker's Destiny among all franchises with the same figure.
| Figure | Smoker's Destiny | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $562,525 | Costs more than 68% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 8% | Higher than 85% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a Smoker's Destiny franchise costs
Opening one Smoker's Destiny costs an estimated $346,450 to $778,600. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are opening inventory and supplies ($200,000 to $500,000) and furniture and fixtures ($40,000 to $70,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Travel to Training Expenses | $500 | $2,000 | |
| Rent (plus 1 month deposit) | $14,000 | $40,000 | |
| Leasehold Improvements | $10,000 | $50,000 | |
| Furniture and Fixtures | $40,000 | $70,000 | |
| Technology Fee | $600 | ||
| Signage | $5,000 | $10,000 | |
| Telecom/Security Equipment | $500 | $2,000 | |
| Computer System | $2,500 | $5,000 | |
| Opening Inventory and Supplies | $200,000 | $500,000 | |
| Grand Opening Marketing | $500 | $2,000 | |
| Professional Services | $2,500 | $6,000 | |
| Business Licenses | $350 | $1,000 | |
| Additional Funds - 3 month | $30,000 | $50,000 | |
| Total | $346,450 | $778,600 | |
Source: Smoker's Destiny, LLC, 2023 filing, page 15
Smoker's Destiny franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Smoker's Destiny, LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 8% of gross revenue, paid weekly, plus at least 1% on local marketing. |
|---|---|
| Brand or marketing fund | Not charged at present; up to 2% of gross revenue. |
| Transfer Fee | $10,000 |
| Local Marketing Spending Requirement | Minimum of 1% of Gross Revenue |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Smoker's Destiny, LLC, 2023 filing, page 11
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Smoker's Destiny publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Smoker's Destiny, LLC, 2023 filing, page 39
How Smoker's Destiny compares
Of the 302 retail franchises on this site, Smoker's Destiny is the 228th cheapest to open and the 260th largest by number of locations.
| Figure | Smoker's Destiny | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $346K | $198K | $222K |
| Cost to open, high end | $779K | $425K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 8% | 5.7% | 6% |
| US locations | 2 | 38 | 21 |
| Shares earnings figures | Yes | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 2 | 0 | 0 |
| 2022 | 0 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Smoker's Destiny, LLC, 2023 filing, page 42
Where Smoker's Destiny locations are
At the end of 2022, Smoker's Destiny had locations in 1 state. The most are in Pennsylvania.
- Pennsylvania2
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Pennsylvania | 0 | 2 | 2 |
Source: Smoker's Destiny, LLC, 2023 filing, page 42
Who owns Smoker's Destiny?
Smoker's Destiny franchises are sold by Smoker's Destiny, LLC.
From Smoker's Destiny, LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Smoker's Destiny, LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
Smoker's Destiny filings
The figures on this page come from Smoker's Destiny, LLC’s 2023 filing, issued April 28, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | April 28, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
