This e-commerce based electronic cigarette manufacturer is the ideal operation for the entrepreneur who seeks a turn key and home-based business with tremendous growth potential. E-cigarettes, which are a rechargeable or battery operated device that allows for smokers to experience the same sensation as tobacco smoking by inhaling a vaporized nicotine rather than a host of more harmful chemicals in traditional cigarettes, have become increasing popular and represent a rapidly growing market (as evidenced by Blu’s recent sale to Newport for $122 ml.!). E-Cigarettes are made up of three essential components; the cartridge which is where the fluid and mouthpiece connect, the atomizer that allows for the device to heat, and a power supply, and come in a variety of exclusive flavors – which tend to represent their major points of differentiations from one another. The cigarettes can be ‘smoked’ with or without nicotine, and often considered a more healthy alternative to smoking, or a step that brings those who seek to quit closer to their goal. Others prefer e-cigarettes because they are a lower cost smoking option, or because they tend to be more favorably viewed / permitted in a far wider variety of venues than cigarettes (e.g. concerts, sporting events, near restaurant, etc.). Not only are e-cigarettes a healthier, lower cost alternative to smoking traditional cigarettes, they are also reusable, refillable and may be disposable – as such the are also touted as a more environmentally friendly version alternative. This business is home based, with the seller investing fewer than 15 hours per week to the enterprise. The sale included a robust client base and formidable web operation with significant growth potential.
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Property Features and Assets:
This business is home based, with the seller investing fewer than 15 hours per week to the enterprise. The sale includes roughly $5,000 in inventory which will be sold at cost at close, as well as a robust client base and formidable web operation with significant growth potential.
Market Competition and Expansion:
The nascent electronic cigarette has emerged into a thriving industry for many of the obvious aforementioned reasons. As such, competition naturally exists as even the major tobacco firms are racing to gain a foothold in this market. The firm’s loyal client base, well established web presence that has caused it to be deemed an industry authority, and its popular product provide it a formidable competitive advantage that it will take even the largest firms with the deepest pockets years to develop.
Tremendous growth potential exists for this manufacturer and ecommerce store as the non-business oriented developer has operated the business as somewhat of a hobby as opposed to a profit maximizing enterprise. New owners can implement volume purchases to achieve economies of scale in product costs calling on smoke shops, liquor stores and cigarette kiosks to carry the product, free sample giveaway programs, or launching marketing plans to loyal clients that allow them to pre-authorize the vendor to provide regular shipments.
Reason for Selling:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.