Vapor, E-Cig & Accessory Store in Busy Hollywood FL

Broward County, FL

Vapor, E-Cig & Accessory Store in Busy Hollywood FL
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Asking Price: Get Financing: $299,000

Cash Flow: $155,295

Gross Revenue: $489,561

EBITDA: N/A

FF&E: $25,000

Inventory: $25,000*

Established: 2013

*not included in asking price.

Vapor, E-Cig & Accessory Store in Busy Hollywood FL

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Business Description

Vapor, E-Cigarette & Accessory Store. The store is located in areas with high traffic counts and noncompetitive retail business, bolstering walk-in customers. Opened in 2015. All brand new equipment and build out as a Corporate Location. The franchisor has been established since 2012. This Franchisor is the fastest growing premier source for e-cigarettes, mods, batteries, tanks, RBA atomizers and e-liquid establishing a niche market by specializing in transitioning customers from traditional cigarettes to electronic cigarettes, and have created brand loyalty by offering high-quality products and customer service. With additional marketing, customer incentives, and advertising the Vapor industry will continue to explode.

They carry all of the e-cigarette and vaporizer accessories, replacement parts, coils, cotton and wire to make your experience complete. Come in and visit their friendly and knowledgeable staff who will answer any questions you may have about Vaping, while sampling the delicious e-liquid flavors and e-juices.

Detailed Information

Inventory:
Not included in asking price
Employees:
1 FT / 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Many people transition to vaping/e-cigarettes as a way to quit smoking and for many, vaping is a lifestyle. This store loves to help people transition from cigarettes to vaping. As a vape enthusiast, they can educate you about the latest products and help you find your perfect set up and flavor. The vapor lounge is a destination where you will always find people hanging out, playing X-box and chilling. As one of the original locations, it has become an established place where our regular customers and new customers alike come to hang out and check out the newest e-juices. Reason for Sale This Location is Owned by the franchisor who made a business decision to sell of the Corporate Locations and Focus on Growth and Perfection.
Competition:
This Franchise is the largest vapor store franchise in Florida to Pennsylvania and carry a full selection of the newest electronic cigarette, vaporizers, vapor accessories, replacement parts, coils, wire and wicks. The store has everything you need to make your experience complete. No matter where you are, there is always a vape shop nearby to serve you.
Growth & Expansion:
Globally, cigarette retail value in 2014 was $744 billion. That represents sales of over $5.6 trillion cigarettes, to more than 1 billion smokers worldwide. The revenue reports for the 2014 U.S. market were $2.7 billion. Vaporizers are devices used to heat up tobacco, releasing their active ingredients in a vapor form, rather than a smoke form. Vapor use is said to be much healthier than smoking since the substance does not have to combust, producing toxic particles in the process. As a result, many smokers are switching over to vaporizer products in order to enjoy their substance of choice, with significantly lower risk of harmful consequences. And what also makes vaporizers so appealing, is that it can be enjoyed personally are in a group setting. As the growth of this market occurs, two things naturally occur: job creation and investments. The retail vaporizer industry is predicted to reach $3.5 billion this year.
Support & Training:
Will train for 1 week @ no cost The stores have a large selection of sub-ohm, TC, vaporizers, mods, batteries and e-cigarette starter kits by Atmos, Joyetech, Kangertech, Eleaf, Pioneer4You. Whether you are new to vaping, an experienced vapor or an enthusiast, the store always will have the newest and most innovative electronic cigarette vapor products and carry hundreds of brands of E-liquid. From E-Juice to dry herb and oil vaporizers. In addition they carry tanks, RDA atomizers by REM, Aspire, Kangertech, Amigo, Sense, Joytech, Starre-Pri. Arctic,Tobecco, EH Pro and more. They specialize in high end regulated and mechanical mods, such as top name brands by Vicious Ant, Snow Wolf, Sigelei, Kangertech, Eleaf, Pioneer4You, WiseMec, Hcigar, EHpro and Tobeco. All of their e-juice and e-liquids are premium quality and made in USA. They feature only the BEST PREMIUM name brand E-liquids by Breakfast Club, Ruthless, Ethos Vapors, Cuttwood Unicorn Milk Juice E-juice, Fuzion Vapors, Mr Goodvape, Breakfast Club, Fruit By The Drop, Crunchy Cream,Vubble, Gush, Voop Juice, Mad Hatter, The Vaping Rabbit, Uncle Junk’s Genius Juice, Juicy Juice, Lost Art E-Liquid, Suicide Bunny, Cape Fear, Amsterdam and more. They carry the largest and most varied selection of top quality, high demand E-liquids with new flavors arriving weekly!
Reason for Selling:
This Location is Owned by the franchisor who made a business decision to sell of
Franchise:
This business is an established franchise
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Russell Cohen

Business Listed By:
Russell Cohen

Murphy Business & Financial Corporation

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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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