Price Reduced! Absentee Vape Shop with In-House Lab and Recipes

UT

Seller Financing Available
Price Reduced! Absentee Vape Shop with In-House Lab and Recipes
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Asking Price: Get Financing: $175,000

Cash Flow: $77,946

Gross Revenue: $229,000

EBITDA: N/A

FF&E: $10,000

Inventory: $12,000

Lease Rate: N/A /SF

Established: 2014

Price Reduced! Absentee Vape Shop with In-House Lab and Recipes

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Business Description

This beautiful vape shop is profitable and in a great location serving central and southern Utah. The vape industry is hot and growing while producing very good margins. The business currently focuses on vape related products only. However, it is licensed and approved as a smoke shop. The store is in a traffic heavy area and offers a safe and comfortable atmosphere to all customers. The back of the retail shop has a certified lab integrated into building, and a very loyal customer base due to their unique recipes and top shelf ingredients and products.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business was founded in 2014 and is very established in the area. The interior was remodeled recently and offers excellent customer visibility with the store located in a major shopping area. The shop is set up with cloud based systems that can be monitored and managed from anywhere. There are highly trained employees working at the store and the owner spends less than five hours a week managing.
Competition:
There is competition in the extended area, but this business has a very established and loyal clientele. The population knows the importance of shopping local and this store has the steady sales to show it.
Growth & Expansion:
The customer base is very consistent at this location. However, there is always an opportunity to pull customers from the nearby towns to increase sale. The web site is getting an update and will be ready to begin e-commerce sales shortly.
Financing:
50000.00
Support & Training:
2 weeks
Reason for Selling:
other opportunities
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Contact the Seller

(from currently available funds)
 
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Dan LeRoy

Business Listed By:
Dan LeRoy

Transworld Business Advisors of Utah

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Sponsoring Broker:
Saul Komisar

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