2 Vape Stores as a Package or Separately in Virginia

VA

Seller Financing Available
2 Vape Stores as a Package or Separately in Virginia
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Asking Price: $122,000

Cash Flow: $110,000

Gross Revenue: $565,377

EBITDA: N/A

FF&E: $10,000

Inventory: $80,442

Rent: $1,275 /Month

Established: 2014

2 Vape Stores as a Package or Separately in Virginia

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Business Description

2 Vape Stores, sold as a Pair, or the Seller would consider selling them Separately, located in 2 locations in Virginia. Well established, and profitable, this is a very easy to operate business with a solid General Manager currently controlling both locations for the current owner. Could remain as a Semi Absentee Operation, or if a new owner prefers to be a Hands on Owner Operator, and not need the General Manager, the new owner could raise their Cash Flow by approximately $50,000 per year. The numbers reflected are as currently operated. This is an outstanding opportunity for anyone who wants to be their own boss. Some knowledge of the Vaping industry would be helpful, but is not necessary.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
4/30/2020
Employees:
14 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
#1 location: 1,000 Square Feet with total Monthly Rent of $1,275, and a 1 Year Lease Term. (Landlord willing to Negotiate any length Lease Term). #2 location: 2,000 Square Feet with total Monthly Rent of $2,253, and a 1 Year Lease Term. (Landlord willing to Negotiate any length Lease Term).
Competition:
Standard Vape Store competition in the area.
Growth & Expansion:
Expanding to doing Online Sales, along with doing more Marketing and Advertising.
Financing:
Negotiable
Support & Training:
Seller will give 2 - 4 weeks of Training/Transition.
Reason for Selling:
Relocating, due to Other Business Interests
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Contact the Seller

(from currently available funds)
 
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Gary Steven Russell

Business Listed By:
Gary Steven Russell

G. S. Russell Business Brokers and Advis

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