Asking Price: $94,000 Gross Revenue: $400,000Cash Flow: $85,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $25,000 not included in asking priceFF&E: $25,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Unique opportunity to own profitable E-Cigarette/Vape store!
The store sells e-cigs, Vape and Liquid. It also offers a diverse selection of e-liquids and may carry vaping magazines, accessories for the e-liquid.
This is not your typical small retail vape shops. Rather, these are Vape stores & studios -comfortable and spacious areas for customers to relax and socialize.
This store is increasing its popularity.
The customers visit this local vape shop for personalized e-cigarette advice.
The retail workers may show potential customers how to use different e-cigarettes and how to fill the devices with e-liquid.
Owner Operator can increase revenue.
The shop carries a variety of premium e-juice brands, starter kits, drippers, atomizers, etc. Their mission is to fit their customers with the best products to improve their lifestyle as the current owner experienced the benefits of vaping vs smoking cigarettes first-hand.
So far the business has been a great success and there are lots of opportunity for growth by adding additional product lines or becoming an exclusive distributor for the many different companies in the industry. A new owner could also sell cigars, cigarettes, and hookah which will help grow the business by offering additional profit centers and appeal to other customers, also creating greater customer retention and get into manufacturing their own vape liquids/Juices which will increase margins greatly since they would no longer have to buy them from a manufacturer. Increasing awareness through social media and online marketing is easy and cost effective to get new customers.
About the Business
Number of Employees:
Building Sq. Ft.:
The store is located on one of the busiest roads in Richmond VA and serving the neighborhood for past 7 years. The Store leases 1250 sq ft of space and the rent is ONLY - $1,362 per month. The store hours are Monday - Friday 11 am - 8 pm / Sat 10am to 7pm.
No competition for at least 2 to 3 miles from the business location.
There is limited competition in the immediate area. The other shops that are nearby don’t offer the high-end products that this shop features which allows for a higher average sales ticket and margins.
Growth & Expansion:
Additional products can also be added by establishing relationships with more manufacturers and vendors, and perhaps selling actual tobacco products like cigarettes, cigars, or hookah, as well as other supplies and accessories that fit within the business model.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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