Absentee Vape Shop with In-House Lab and Recipes

Not Disclosed, UT

Asking Price: Annual Revenue:
$175,000 $229,000

Retail: Non-classifiable

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RE: Absentee Vape Shop with In-House Lab and Recipes Broker: Dan LeRoy
Owner Financing is Available!

Quick Facts

Asking Price: $175,000
Annual Revenue: $229,000
Net Profit: Not Disclosed
Cash Flow: $77,946
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 473449963
Broker Reference #: 1401-80969

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Business Overview:

This beautiful vape shop is profitable and in a great location serving central and southern Utah. The vape industry is hot and growing while producing very good margins. The business currently focuses on vape related products only. However, it is licensed and approved as a smoke shop. The store is in a traffic heavy area and offers a safe and comfortable atmosphere to all customers. The back of the retail shop has a certified lab integrated into building, and a very loyal customer base due to their unique recipes and top shelf ingredients and products.

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Property Features and Assets:

The business was founded in 2014 and is very established in the area. The interior was remodeled recently and offers excellent customer visibility with the store located in a major shopping area. The shop is set up with cloud based systems that can be monitored and managed from anywhere. There are highly trained employees working at the store and the owner spends less than five hours a week managing.

Market Competition and Expansion:

There is competition in the extended area, but this business has a very established and loyal clientele. The population knows the importance of shopping local and this store has the steady sales to show it. The customer base is very consistent at this location. However, there is always an opportunity to pull customers from the nearby towns to increase sale. The web site is getting an update and will be ready to begin e-commerce sales shortly.

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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