Seller's Contact Information
- RE: Vape Empire In Georgia With 3 Stores
- Contact: Andrew Cagnetta
Quick Facts
Asking Price: | $995,000 | |
Annual Revenue: | $1,125,906 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $338,173 | |
Total Debt: | Not Disclosed | |
FF&E: | $45,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 7 | |
BBN Listing #: | 5308630 | |
Broker Reference #: | 0101505313 |
Business Overview:
For over 10-years this well-known and branded vape operation specializes in the sale of top-of-the-line electronic cigarettes, accessories, and some CBD products, to which they recently started branching out. A very loyal customer base enjoys the 3 strategically located stores across the Northeastern part of the state from Cummings to Augusta. There are seven W-2 employees including one general manager, the stores are from 1,400 to 2,400 square feet with newly renegotiated leases and at least $60,000 worth of salable inventory is included in the sales price. This business is poised for further growth by adding more locations and has excellent books and records, to which it should qualify for an immigration Visa. The seller is seeking retirement and is offering a reasonable transition period, as well as seller financing to a qualifed buyer. All prospects must provide proof of funds in advance of disclosure, as this industry is not SBA approved.
This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact Andy's Assistant Tom Milana at 561-7026867. Please refer to listing #0101505313.
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Property Features and Assets:
Lease/Month: $8,506.91 Square Footage: 5,600 Lease Expiration: December 31, 2023 Building Type: Retail Terms Options 3, 3 year options
Market Competition and Expansion:
Miles Seller Not to Compete Within300 Number of Years Seller Not to Compete For4
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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