Largest Vape Chain in CT--Profitable

Not Disclosed, CT

Not Disclosed.

Asking Price: Annual Revenue:
$979,000 $1,416,000

Retail: Non-classifiable

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RE: Largest Vape Chain in CT--Profitable Broker: Alan Zinser

Quick Facts

Asking Price: $979,000
Annual Revenue: $1,416,000
Net Profit: Not Disclosed
Cash Flow: $372,528
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 12
BBN Listing #: 23034955
Broker Reference #: 3202-14676

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Business Overview:

Largest Vape Chain in Connecticut. Five stores and poised for growth with franchise platform and private label brands.

High-end, service-oriented, modern stores, positioned to thrive in new regulatory environment that will negatively impact less-prepared competitors.

Lender pre-qualified. Excellent books and records. Employee culture and operating systems in place to mitigate transition risks. The business produced $1.1mm in Adjusted Earnings in the three years ended 12/31/2017.

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Property Features and Assets:

High-end, service-oriented, modern stores in five leased premises. In 2017, occupancy expenses were 3.2% of total revenues. Total Assets Included: $950,000

Market Competition and Expansion:

Since debuting in the U.S. in 2007, e-cigarettes and other vaping devices have grown into a $6.6 billion business. Competitors are mostly one-location, stand-alone, tobacco or head shops that do not have economies of scale and upside of this business. Franchise brand and platform ready for growth.

Reason for Selling:

Focus on other businesses.

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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