Hartford Business Journal

February 15, 2016

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4 Hartford Business Journal • February 15, 2016 www.HartfordBusiness.com w w w. H a r t f o r d B u s i n e s s . c o m (860) 236-9998 E D I T O R I A L Greg Bordonaro Editor, ext. 139 gbordonaro@HartfordBusiness.com Gregory Seay News Editor, ext. 144 gseay@HartfordBusiness.com Matt Pilon News Editor, ext. 143 mpilon@HartfordBusiness.com John Stearns Staff Writer, ext. 145 jstearns@HartfordBusiness.com Keith Griffin Digital Producer/Reporter, ext. 127 kgriffin@HartfordBusiness.com Stephanie Meagher Research Director Heide Martin Research Assistant B U S I N E S S Joe Zwiebel President and Publisher, ext. 132 jzwiebel@HartfordBusiness.com Donna Collins Associate Publisher, ext. 121 dcollins@HartfordBusiness.com Jessica Baker Office Manager, ext. 122 jbaker@HartfordBusiness.com Kristine Donahue Administrative Coordinator, Ext. 137 kdonahue@hartfordbusiness.com Amy Orsini Events Manager, ext. 134 aorsini@HartfordBusiness.com Christian J. Renstrom Advertising Director, ext. 126 crenstrom@HartfordBusiness.com David Hartley Sr. Accounts Manager, ext. 130 dhartley@HartfordBusiness.com William C. Lambot Sr. Accounts Manager, ext. 128 wlambot@HartfordBusiness.com John Vuillemot Sr. Accounts Manager, ext. 133 jvuillemot@hartfordbusiness.com Raki Zwiebel Credit and Collections Manager Valerie Clark Accounting Assistant/Office Manager Gail Lebert Chair, Executive Advisory Board P R O D U C T I O N Lynn Mika Production Director/Marketing Coordinator, ext. 140 lmika@HartfordBusiness.com Christopher Wallace Art Director, ext. 147 cwallace@HartfordBusiness.com Peter Stanton CEO pstanton@nebusinessmedia.com Joseph Zwiebel President & Group Publisher, ext. 132 jzwiebel@HartfordBusiness.com Mary Rogers Chief Financial Officer/Interim HR Director; mrogers@nebusinessmedia.com Subscriptions: Annual subscriptions are $84.95. To subscribe, visit HartfordBusiness.com, email hartfordbusiness@ cambeywest.com, or call (845) 267-3008. Advertising: For advertising information, please call (860) 236-9998. Please address all correspondence to: Hartford Business Journal, 15 Lewis Street, Suite 200, Hart ford CT 06103. News Department: If you have a news item: Call us at (860) 236-9998, fax us at (860) 570-2493, or e-mail us at news@HartfordBusiness.com Hartford Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Hartford Business Journal (ISSN 1083-5245) is published weekly, 52 x per year — including two special issues in December — by New England Business Media LLC, 15 Lewis Street, Suite 200, Hartford CT 06103. Periodicals postage paid at Hartford, CT. Tel: (860) 236-9998 • Fax (860) 570-2493 Copyright 2016. All rights reserved. Postmaster: Please send address changes to: Hartford Business Journal P.O. Box 330, Congers, NY 10920-9894 www.copyright.com Vaping A new campus isn't all we've built. QU.edu/Impact Quinnipiac's $350 million investment is building a brighter future for everyone. We built a third campus in North Haven, home to our highly-ranked programs that include Medicine, Law, Nursing, Health Sciences and Education. Hiring local contractors who, in turn, hire local residents. Laying a foundation for the future. We major in Connecticut. vaping is growing, which is why he wants to franchise his business. "It's just now become more mainstream," said Ricciardi, a self-described "serial entre- preneur" who has worked in restaurants, bars, mortgages and landscaping. Marc Romanow of Plainville is acting as the franchising development specialist for the Mist Essentials chain as it seeks to expand. There have been no unique chal- lenges for franchising a business that sells a controlled substance, he said. As long as a franchisee complies with local and state laws they won't have legal issues, Romanow said, citing California, Illinois and New York as difficult states for franchisors. Also, he added, setting up the franchise in Connecticut ran counter to what some might expect. "Connecticut is actually a delight when it comes to franchisors and franchisees. I'm speaking from the perspective of having to work with other states," Romanow said. Mist Essentials has had inquiries from New Jersey and other states. "We want to branch out first locally before pushing out to other states," Ricciardi said. "We're not trying to sell 10 franchises a month. We still have a store to run. We're slowly going to build the brand. It's a long-term play." Inventory and startup costs, including the franchise fee, are $60,000 to $120,000, Ricciardi said. There is also a 6.5 percent royalty fee. n The smoking area of Smooth Vaporz in Waterbury. P H O T O | P A B L O R O B L E S

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