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101 Smoke Shop Foundation Date: 2012 Franchising Date: N/A Franchised Shops: total of 52 locations Startup Investment: around $120,000-$200,000 Royalty Fees: up to 6% of gross sales 101 Smoke Shop was founded with a mission to blend community engagement with quality tobacco products

Typical costs: Device: 2040 (one-time purchase) E-liquid: 34 per 10ml Coils: 23 each (last 12 weeks) Annual e-liquid cost: (Assuming 10ml lasts 23 days) 4060/month 480720 per year Annual coil cost: 510/month 60120 per year Total annual cost: 540840 per year This makes refillable vapes the cheapest long-term solution

Big Tobacco also enacts a now well-known and continually updated playbook to market aggressively to adolescents a particularly vulnerable age when many start smoking to capture a new generation of customers