Major Retail Player in Electronic Cigarettes

Not Disclosed, CA

Asking Price: Annual Revenue:
$677,033 $5,712,109

Retail: Non-classifiable

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RE: Major Retail Player in Electronic Cigarettes Broker: Carey Davis

Quick Facts

Asking Price: $677,033
Annual Revenue: $5,712,109
Net Profit: Not Disclosed
Cash Flow: $158,058
Total Debt: Not Disclosed
FF&E: $151,221
Real Estate: Not Disclosed
Year Established: 2013
Employees: 39
BBN Listing #: 976135879
Broker Reference #: 6842-66793

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Business Overview:

The U.S. government has proposed cutting nicotine in cigarettes to "non-addictive" levels in a major regulatory shift designed to move smokers toward potentially less harmful e-cigarettes. That's makes NOW the time to invest in established e-cigarette outlets. Nine retail locations, eight of which are located in a major metro making it a dominant player in the vaping/e-cigarette industry. The combined sale price of $677K reflects a 20% discount over individual store selling prices.

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Property Features and Assets:

All nine retail locations opened between 2013 and 2015.

Market Competition and Expansion:

Established e-cigarette retailer with nine locations. Competitors are predominantly one location, stand alone, mom & pops and head shops. Potential Growth Business opportunities include full service tobacco, smoking cessation, even cannabis as state laws continue to change.

Reason for Selling:

Business consolidation.

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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