Well Establish 7 Day a Week Vape Shop

Fort Worth, TX (Tarrant County)

Well Establish 7 Day a Week Vape Shop
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Asking Price: Get Financing: $125,000

Cash Flow: $54,819

Gross Revenue: $227,406

EBITDA: N/A

FF&E: $6,000

Inventory: $30,000

Lease Rate: N/A /SF

Established: 2013

Well Establish 7 Day a Week Vape Shop

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Business Description

Well-established vape store with fully equipped products and solid customer base is available for acquisition. This business was originally established half a decade ago in 2013 by the current owner of the business. Most of the customers are upper-class individuals that live in the nearby densely populated residential neighborhoods and workers from the industrial area that surrounds the city. Net sales average was $240,000/year that has been consistent over the last several years of operation due to word of mouth and some marketing on social media outlets. Although the social media outlets and word of mouth has provided ample customer acquisition, other proactive marketing methods need to be utilized to generate more cash flow and acquire new customers from untapped areas within the city. Competition can be expected for this fairly new industry, but the competitors just recently established themselves within the area and haven’t established a solid customer base or sales. There are many ways to proactively market this business such as direct mailing, discounts on certain products, bulk purchase discounts, active website, online store, weekly specials and additional retail products. Placing a manager to help the operation of the business will also allow the owner of the business to fully focus on marketing the business and other aspects in the background. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

Listing ID #000656
For more info, please call Emilio Marin at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 1,265 SF retail strip center that is placed in front of a main street with dense traffic and numerous densely populated residential neighborhoods.
Competition:
Few competitors are within the immediate market area, but these competitors aren't an issue as these businesses opened just recently without an established customer base or solidified sales.
Growth & Expansion:
Some marketing is online through social media, but other proactive marketing methods are required for this business to generate more cash flow and acquire new customers.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business.
Reason for Selling:
Other Opportunities
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.


Listing Statistics for Premium Members

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