Well established Vape/Smoke Store in good location. The store Sales Vape Products, Hookahs. Extensive delivery method products. A few blocks from the freeway with 20+ parking spots. Professional layout and newly remodel store with new merchandise and inventory. There is a Studio with live in loft, complete with bathroom and shower. Nearly all sales are generated from word of mouth and foot traffic with very little to no advertising by the current owner. Employees are well trained in the industry and manage the day to day operations. It is a Semi-absentee run business. From an operations standpoint, the business is completely turnkey. All Vital relationships with third party vendors and distributors are secured for new owner to assume. Great cash flow with large margins. Seller may carry a seller note covering the inventory for a qualified buyer. Rent is currently $1,967/m with a little over 2445sq.ft. for use. In addition to the Vape licensing the business comes with SMOKE licensing as well. As of now the business does not carry Tobacco and a wide variety of paraphernalia. A new operator can add much more revenue by selling these products. This can potentially DOUBLE gross revenues.
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer
Asking Price: $150,000 Gross Revenue: $180,000Cash Flow: $60,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
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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.
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