Asking Price: $150,000
Gross Revenue: $392,134
FF & E: $25,000
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