NOT DISCLOSED, Washington
| Asking Price |
$6,638,200 |
Year Established |
|
|
| Annual Revenue |
$4,242,029 |
Reason for Selling |
Their next idea is even bigger and needs capital. |
|
| Annual P/L |
|
Attention |
Iain Mackie |
|
| Annual Cash Flow |
$1,322,767 |
Listing Number |
642467 |
|
| # of Employees |
20 |
Business Category |
Retail: Non-classifiable |
|
Business Overview:
This multimillion-dollar retail vape shop business enjoys greater than 30% CAGR in revenues and 35% CAGR in discretionary earnings. The business model has ample room for growth in its current metro area and can easily be expanded to new markets. This is a very rare high profit high growth acquisition opportunity that is already operating at scale.
Property Features and Assets:
Monthly Rent: $26,000.00
FF&E Overview: Retail store displays, POS terminals etc.
Market Competition and Expansion:
Other vape stores exist in the metro area, although none are as professionally focused on customer service.
Could readily continue its current rapid growth. All but one of the current stores fit within an approximately 150 square mile box in a metro region covering 6,684 square miles. Open new store, rinse, repeat. Get it done first. Maintain focus. Copy in other metro areas. Franchise!
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity