Chain of 6 Smoke/Vape Shops - 29395

Contact Seller
Chain of 6 Smoke/Vape Shops - 29395
Asking Price:
$1,200,000

Gross Revenue:
$1,625,000
Cash Flow:
$350,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$350,000
not included in asking price

FF&E:
$75,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Five(5) high-volume smoke/vape shops, plus kiosk. Combined annual gross sales are approx. $ 1,625,000. with net income of $250,000. Nice website but is not set up for high volume e-commerce sales. This is an opportunity for the new buyer.This business sells premium products at high margins. Top-notch POS system. Store 1 is 850 sq. ft., Store 2 is 850 sq. ft., Store 3 is kiosk; and Store 4 is 1000 sq. ft.;Store 5 is 600 sq.ft.; and Store 6 is 1200 sq.ft.These are well - designed stores. 13 employees rotate among the six locations. Stores also sell some private label products. There is a drop safe in each store. Great social media presence. All inventory is bar-coded. Excellent records. Proof of funds is required for a meeting with the owner. $1.2m aksign price includes approx $350,000 of inventory. Seller will not hold a note. Proof of funds required for meeting. Contact broker Joseph Stansky for more details at 1-877-735-5224.

About the Business

Number of Employees:
13
Website:
www.vestedbb.com
Contact the Seller

About the Sale

Reason For Selling:
Other Business investments
Training/Support:
Yes

Listing Info

ID:
1535637
Ad Detail Views:
275

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

 Show Phone Number

View My 2362 Active Listings
U.S. Census Data for Richmond County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Richmond County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 full Terms & Conditions.
;