Well Established and Highly Profitable Vape Sho...

Gwinnett, GA

Asking Price: Annual Revenue:
$195,000 $514,752

Retail: Non-classifiable

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RE: Well Established and Highly Profitable Vape Sho... Broker: Mark Werbalowsky

Quick Facts

Asking Price: $195,000
Annual Revenue: $514,752
Net Profit: Not Disclosed
Cash Flow: $138,500
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 406650091
Broker Reference #: ATLANGA001-N15

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Business Overview:

This Vape Shop was established in 2015, and is part of a small multi-unit operation. The owner is willing to allow a buyer to continue the use of this well- known local brand name with certain operating parameters. The shop occupies 2,100 sq. ft. with a monthly rent of $2,900.00 per month. The current owner is absentee, and the financials have been adjusted to reflect a FULL-TIME owner operator along with part time help. For the previous 3 months the shop has averaged 45 customers per day with an average transaction of $28.00. The shop is beautifully built out, and has a very comfortable vibe. The shop offers clients a full tasting bar, allowing them to sample products at their leisure. Many of the customers will spend time in the shop as if they were in a coffee house. The shop’s offerings, and programs allow the customer a large selection of e-juices, and e-cigs. The value was arrived at by using a weighted average of the SDE for 2016 through 2018, and utilizing a multiplier of 1.5 which is including inventory. Industry experts report that the industry generated $7 Billion in revenue in 2016, and is PROJECTED to reach $47 Billion by 2025.

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Reason for Selling:

Multiple locations.

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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