100% Absentee-Owned Vape Store in Ringgold, GA!

Ringgold, GA
Catoosa County

Ringgold, GA


Asking Price: Annual Revenue:
$99,000 $280,000

Food & Beverage: Convenience Stores


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RE: 100% Absentee-Owned Vape Store in Ringgold, GA! Broker: Kavita Purohit

Quick Facts

Asking Price: $99,000
Annual Revenue: $280,000
Net Profit: $103,200
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 150033274
Broker Reference #: Not Disclosed

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Business Overview:

Seller has another Vape Store just 15 mins from this location! Take one or take them both!

Sales are nearly $23,400 per month! COAM commission is $500 per month! ATM commission is $400 per month!

The rent is only $1,700 TOTAL with the lease set to renew in 1 year with TWO 5-year renewal options for the Buyer! Total 11 years that the Buyer can exercise!

Net profit is over $8,600 per month for an Absentee Owner AFTER paying $3,150 in payroll, as well as rent and all other expenses! Owner-operator can take home over $11,000 per month!

Seller has applied for lottery but the shipping of the lottery machines are backed up! Huge opportunity for Buyer to generate lottery income!

Store is only open for 11 hours per day on the weekdays and 12 hours Friday and Saturday!

20 mins from Chattanooga, TN! 2 hrs from Atlanta, GA! 2 mins from a residential area! 3 mins from a manufacturing company! 4 hotels and an apartment complex with 40 units within walking distance! 4 mins from a college!

Asking price for Business-Only is just $99,000 + Inventory! Inventory is approximately $80,000 at cost.

Seller is asking for only 1 year's worth of Net Profit! He has another business opportunity and requires the funds to invest.

If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

20 mins from Chattanooga, TN! 2 hrs from Atlanta, GA! 2 mins from a residential area! 3 mins from a manufacturing company! 4 hotels and an apartment complex with 40 units within walking distance! 4 mins from a college!

Additional Details:

  • The property is leased.
  • The owner is not 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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