3 Profitable Georgia Vape Shops
Not Disclosed, GA Columbia County
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- RE: 3 Profitable Georgia Vape Shops
- Contact: Andrew Cagnetta
Quick Facts
| Asking Price: | $699,000 | |
| Annual Revenue: | $954,354 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $235,833 | |
| 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 qualified buyer. All prospects must provide proof of funds in advance of disclosure, as this industry is not SBA approved. Listed by Andrew Cagnetta, for information contact his assistant at 754.224.3130. 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.
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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 Within 300
Number of Years Seller Not to Compete For 4
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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