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Financial Information

Asking Price: $150,000

EBITDA: $138,500

Gross Revenue: $392,134

Cash Flow:

FF & E: $25,000

Inventory: $40,000

Financing: No

Business Location

Gwinnett County

Description

This Vape Shop was established in 2015, and is part of a small multi-unit operation. The owner is willing to allow a buyer to continue the use of this well- known local brand name with certain operating parameters. The shop occupies 2,100 sq. ft. with a monthly rent of $2,900.00 per month. The current owner is absentee, and the financials have been adjusted to reflect a FULL TIME owner operator along with part time help.
 
The shop is beautifully built out, and has a very comfortable vibe. The shop offers clients a full tasting bar, allowing them to sample products at their leisure. Many of the customers will spend time in the shop as if they were in a coffee house. The shop’s offerings, and programs allow the customer a large selection of e-juices, and e-cigs.
 
In 2019 the business would have netted $87,000 to a full time owner operator. The business have averaged $24,515.00 per month since the negative news began about the vaping industry, and is improving with time.
 
Cash Flow ** $87,000 to owner operator

REASON FOR SALE

Multiple Locations

facilities

2,100 sq. ft. in strip center

Details

Home Based:
No
Year Established:
2015
Franchise:
No
Year Acquired:
2015
Distressed:
No
Willing To Train:
Yes
Relocatable:
No
Is Property Leased:
Yes
Real Estate Available:
No
Real Estate Included:
No
Days Open:
7
Hours Open:
Varies 11-9
Full Time Employees:
4
Part Time Employees:
0
Is Management Staying:
No
Listing ID:
SA1495

Mark Werbalowsky

M&A Advisor
770-936-9099 x 804

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