Multiple unit vape and CBD chain with additional warehouse space

Lincoln, NE

Seller Financing Available

Asking Price:	$695,000
Gross Revenue:	$2,200,000
Rent:	$9,644/Month
Established Year:	2006

Cash Flow:	$211,000
Inventory:	$550,000
FF&E:	$150,000

Listing ID: 2163338Listing provided by BizBuySell

BUSINESS DESCRIPTION

This is not your in and out type of vape store, these are higher end destination type of vape and cbd stores.

Long-running retail vape and cbd chain selling pipes, vapes, e-liquids, tobacco products, kratom, Delta 8, and gifts. This smaller retail chain has been in business for more than 15 years and has a fiercely loyal customer base and serves a diverse community across its locations in both Lincoln and Omaha.

They also have a glass-blowing operation which serves our stores with in-house goods and our customers with custom glass and glass repairs.

This business has built strong long-standing relationships with many suppliers, glass artists and distributors.

Listed price does not include $550,000.00 in inventory. Seller owns one of the buildings, and would be willing to discuss selling it as part of the deal.

DETAILED INFORMATION

Location

Lincoln, NE

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

8,536

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Lincoln retail Location - 3600 SF Omaha Retail Location - 3036 SF Lincoln Warehouse and offices - 1900 SF

Competition

the market has just added a lot of small start ups. Delta 8 has created a kind of gold rush feel. However, most of these competitors lack competency in this industry. They do not know the customer or the supplier well.

Growth & Expansion

We have a full time social media manager who does an incredible job of creating proprietary content for our social media platforms. We also sponsor local events which appeal to our customers. We no longer do radio, print, or other forms of traditional advertising as they are a net negative ROI. I would open more locations. There is a fight for market share going on right now, and we have a well recognized and trusted brand name.

Financing

Some seller financing could be negotiated as part of the purchase

Support & Training

Up to 60 days of transition training and consulting could be provided as part of the sale, more can be negotiated if needed.

Reason for Selling

Pursue other business opportunities

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