Manufacturing & Distribution of Electronic Cigs

Not Disclosed, IA

Asking Price: Annual Revenue:
$21,000,000 $17,094,153

Retail: Non-classifiable

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RE: Manufacturing & Distribution of Electronic Cigs Broker: Seller of Business

Quick Facts

Asking Price: $21,000,000
Annual Revenue: $17,094,153
Net Profit: Not Disclosed
Cash Flow: $3,937,626
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 70
BBN Listing #: 744734398
Broker Reference #: RET067

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Business Overview:

Looking to own a piece of the e-cigarette industry in Iowa? This is an incredible opportunity to own a dynamic and growing multi-location business! With several locations, and $4 million in inventory, this retail and wholesale operation is a turnkey dream. Offerings include all components of e-cigarettes including devices, chargers, tanks, coils, and e-liquid. All e-liquid is sourced from the reputable brands located in the USA only. Selling regionally (65%) and nationally (65%), the wholesale business is strong and growing year-over-year.

The team is passionate about e-cigarettes and are very knowledgeable on the subject. The three regional managers assist the thirteen store managers in smooth day-to-day operations. There are 40 store employees who have great relationships with customers and who can offer advice and guidance to those new to e-cigarettes. The owner currently focuses on business development, long-term strategies, and high-level operations oversight. The owner is willing to remain a part of the team, if desired, to assist in building revenue or expanding the company. This would be a tremendous asset to a new owner as it would allow for the retainage of institutional knowledge as well as valuable guidance and expertise on the regional and national markets.

Despite annual growth, the business could grow in many directions. Additional stores could be added, as they are a main revenue driver. Additional wholesale accounts could be added to increase distribution either by volume or location.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Non-competing career change

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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