Neighbourhood vape shop

Adult smokers and vapers who want a local shop with advice, plus regulars who come back for refills and replacement parts.

Retail margin on devices, e-liquids and accessories. Repeat purchases of e-liquid and coils bring in most of the steady income.

• Retail sales and customer service
• Stock control and ordering
• Careful ID checking and record keeping
• Knowing the products well enough to explain them

• Rules differ by province and territory, including retail licences or permits, minimum age (18 or 19), and flavour limits. Check yours before signing a lease
• Federal rules cover nicotine concentration, packaging, labelling and promotion. Advertising and in-store displays are tightly restricted, so check what you can show
• Check federal vaping excise stamp and duty requirements with the Canada Revenue Agency, and only buy compliant, stamped stock
• Selling to minors can bring heavy fines or loss of your licence, so train staff and keep ID-check procedures
• Commercial general liability and property insurance, and whether insurers will cover vape retail
• Rules can change quickly, so keep checking for new restrictions that could affect stock or sales

Estimates typically put startup costs at around $40,000 to $120,000, depending on the premises, fit-out, licensing and opening stock. Check your provincial rules before signing a lease.

Monthly revenue is typically estimated at around $15,000 to $60,000, depending on location, product range and customer base. Rules can change quickly, so keep checking for new restrictions that could affect stock or sales.

Check provincial or territorial retail licences or permits, minimum age and flavour limits, plus federal rules on nicotine, packaging, labelling and promotion. Also check excise stamp and duty requirements with the Canada Revenue Agency, and whether insurers will cover vape retail.