Profitable Southern MN Vape & Tobacco Retail
Not Disclosed, MN Not Disclosed
Southern Minnesota
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- RE: Profitable Southern MN Vape & Tobacco Retail
- Contact: Jacob Petersen
Quick Facts
| Asking Price: | $1,250,000 | |
| Annual Revenue: | $1,033,420 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $377,843 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $60,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2023 | |
| Employees: | 3 | |
| BBN Listing #: | 996525 | |
| Broker Reference #: | 5106-19041 |
Business Overview:
A well-established retail operation specializing in tobacco and vape products is available for acquisition in Southern Minnesota. Situated outside of the state's most heavily regulated metropolitan areas, this business benefits from a strategic location and a strong local customer base. The diverse product offerings include popular vaping systems, a wide selection of e-liquids, premium cigars, glass accessories, and other trending alternative products. The company has established a strong reputation for customer service and in-depth product knowledge, differentiating it from commodity retailers and fostering strong customer loyalty. A limited number of new licenses in its operating area further enhances its market position.
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Property Features and Assets:
This specialty retail operation occupies a well-maintained commercial space designed for optimal customer flow and product display. The layout prioritizes an inviting showroom environment, complemented by dedicated areas for inventory management. Its strategic location offers convenient access for customers, including readily available on-street parking.
Assets = $395,000
Market Competition and Expansion:
The business operates within a dynamic and evolving retail sector that combines traditional tobacco sales with the rapidly growing vape and alternative product markets. While competition exists from various channels, including convenience stores and other specialty retailers, this operation benefits from a differentiated strategy centered on extensive product selection, knowledgeable staff, and superior customer service. Its market position is further strengthened by local regulatory conditions that limit new market entrants, creating a competitive advantage within its operating area. The broader industry faces a complex and often unpredictable regulatory landscape, making a resilient and diversified business model crucial for sustained success.
The business is well-positioned for significant future growth through several strategic avenues. Opportunities include diversifying its product offerings into complementary categories, expanding its reach through e-commerce integration, and implementing enhanced marketing and advertising initiatives. These growth strategies capitalize on evolving consumer preferences and the ability to adapt to market shifts, aiming to further increase profitability and market share.
Reason for Selling:
Owner has other interests. Kindly ask the seller for more information.
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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