Established Vape Retail Business with Property For Sale

Salem, VA

Seller Financing Available

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Asking Price:$951,000
Gross Revenue:$1,600,000
FF&E:$25,000
Established Year:2012
Cash Flow:$216,715
Inventory:$125,000
Real Estate:$143,000
BUSINESS DESCRIPTION

With 12 years of success, this vape retail business operates across four locations, including three leased stores and one owned property. The owned property features a 13,000-square-foot warehouse, offering ample space for inventory and operations. The business also has two delivery vehicles and a team of 10 experienced 1099 employees. Specializing in both disposable and non-disposable vape machines, the business stands out for its expertise in non-disposable options. This specialization positions the company for significant growth if Virginia implements a Supreme Court ruling to ban disposable vape machines, as the skilled staff excels at educating customers on these products. The business generates $6,000–$10,000 monthly through its website and leverages social media for marketing, though there is untapped potential for expanding online and digital marketing efforts. This turnkey operation includes a loyal customer base, a skilled team, and the infrastructure to scale. It’s a prime opportunity for a buyer ready to capitalize on a booming industry with future regulatory changes potentially driving demand.


DETAILED INFORMATION
Location
Salem, VA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
13,400
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business comes with a strong brand and big warehouse space.
Support & Training
The owner is willing to stay on and train the new owners for up to 6 months post acquisition.
Reason for Selling
The owner is looking to get into a new area of business.
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Josh
Rosenwald
Anchor Business Advisors
Josh Rosenwald