High Growth/Profit Vape Company with Multiple Locations For Sale
Asking Price: | $12,792,490 |
Gross Revenue: | $13,417,251 |
FF&E: | $100,000 |
Cash Flow: | $3,020,220 |
Inventory: | $995,000 |
Established Year: | 2014 |
Since 2014, 63% repeat business, full management team in place
Pre approved for conditional financing. We help buyers seek financing with a minimum of 10% cash required.
This business is growing at a rate that significantly outpaces the industry average, positioning it as a market leader with a substantial competitive edge as well as substantial room for further growth.
The company has 16 stand alone successful locations across Alberta with multiple stores earmarked to open each year. They enjoy 63% repeat business and significant online sales backed by a loyal customer base. It has built a turn-key approach to site selection & build out of its new locations.
There is an amazing team in place that consists of Regional Managers, Store Managers, Assistant Store Managers and Associates.
Since their inception in 2014, they have built a reputation for providing top-tier products and exceptional customer service. Their commitment to quality and customer satisfaction has earned them a loyal clientele, and their stores offer a diverse range of vaping products to meet the needs of both new and experienced vapers. They have built a strong relationship with their suppliers that allow for competitive pricing.
The global vaping industry is forecasted to grow significantly in the coming years, with the market projected to reach approximately $182.8 billion by 2030, driven by a compound annual growth rate (CAGR) of about 30.6% from 2023 to 2030.
Key factors contributing to this growth include increasing consumer interest in alternatives to traditional tobacco products, the appeal of diverse flavors, and the perception of vaping as a potentially less harmful option compared to smoking cigarettes.
We will be accepting offers until January 31st 2025 or until first acceptable offer.