Business For Sale

Well Establish 7 Day a Week Vape Shop #000656

Not Disclosed, TX
Tarrant County

East Fort Worth

Asking Price: Annual Revenue:
$125,000 $227,406

Retail: Non-classifiable

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RE: Well Establish 7 Day a Week Vape Shop #000656 Broker: Emilio Marin
License #: 567204

Quick Facts

Asking Price: $125,000
Annual Revenue: $227,406
Net Profit: Not Disclosed
Cash Flow: $54,819
Total Debt: Not Disclosed
FF&E: $6,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 2
BBN Listing #: 261819188
Broker Reference #: 000656

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Business Overview:

Well-established vape store with fully equipped products and solid customer base is available for acquisition. This business was originally established half a decade ago in 2013 by the current owner of the business. Most of the customers are upper-class individuals that live in the nearby densely populated residential neighborhoods and workers from the industrial area that surrounds the city. Net sales average was $240,000/year that has been consistent over the last several years of operation due to word of mouth and some marketing on social media outlets. Although the social media outlets and word of mouth has provided ample customer acquisition, other proactive marketing methods need to be utilized to generate more cash flow and acquire new customers from untapped areas within the city. Competition can be expected for this fairly new industry, but the competitors just recently established themselves within the area and haven’t established a solid customer base or sales. There are many ways to proactively market this business such as direct mailing, discounts on certain products, bulk purchase discounts, active website, online store, weekly specials and additional retail products. Placing a manager to help the operation of the business will also allow the owner of the business to fully focus on marketing the business and other aspects in the background. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

This business is located in a 1,265 Square Feet retail strip center that is placed in front of a main street with dense traffic and numerous densely populated residential neighborhoods. / Inventory: $30,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but these competitors aren't an issue as these businesses opened just recently without an established customer base or solidified sales. / Growth and Expansion: Some marketing is online through social media, but other proactive marketing methods are required for this business to generate more cash flow and acquire new customers.

Reason for Selling:

Other Opportunities.

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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