Upscale E-Cigarette Bar #000302

Wichita County, TX

Upscale E-Cigarette Bar #000302

Asking Price:$100,000

Cash Flow:$99,014

Gross Revenue:$425,386





*not included in asking price.

Upscale E-Cigarette Bar #000302

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Business Description

Electronic cigarette store located in North Texas as the best vape store is available for acquisition. Established in 2015, this business has already established themselves as the best vape store in the local area within a short time span. The majority of the customers that purchase products from this store are military personnel and construction workers around the age of 30-40 in need of a healthier option from smoking cigarettes. A competitor is coming within the area, but competition for this business is very minimal as this is the best vape store in the whole area along with high quality products other locations doesn't provide at a affordable price. In 2015, sales were $435,000/year and are projected to increase $450,000-475,000/year in 2016 as this operation became #1 vape store in the area in one year of business. Owner of the business proactively markets the business through magazines, email, personal website, Facebook, Yelp, and other social media outlets. Electronic cigarette industry is increasing by 20% each year as more people see the benefits of vaping to quit smoking, but since the area this business is located in is currently still in growth, the percentage can be calculated at even a higher rate than the average 20%. Products provided at this business can range from 150 different varieties of e-juices, e-cigarette batteries, electronic components for vaping, and test tanks for pre-purchase taste testing. Brand new electronic components for e-cigs are updated once new hardware is out in the market and is given warranty from their major vendors. Acquisition of this vape store located in an area where the growth has yet to reach full potential will be a fantastic business opportunity you can't miss.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This 1,800 SF facility is located right beside a major bus line and is a prime location with dense population. All equipment is in perfect condition as well as a top-of-the-line POS system.
One competitor is coming soon within the immediate market area, but this store is currently the best in the whole city and area.
Growth & Expansion:
This electronic cigarette store is currently marketed on social media websites including the infamous yelp reviews, e-blast, personal website, and news articles. Market for this business is growing at a consistent 20% a year as more studies show the health benefit of vaping, but as this area has not been properly grown to its full potential yet the growth can exponentially grow more than the calculated 20%.
100% down at the time of closing or 50% cash down with SBA Financing for Qualified Bu
Support & Training:
Owner will provide training during a 4 week period for a smooth transition into the business.
Reason for Selling:
Retirement and other opportunities.

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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