Profitable Vape Shop
Asking Price: | $300,000 |
Gross Revenue: | $454,940 |
Real Estate: | $250,000 |
Cash Flow: | $128,684 |
Inventory: | $70,000 |
Established Year: | 2016 |
This is an amazing opportunity to own your own vape shop on an extremely busy road. This shop has been established for many years, and the current owner has operated it for nearly 10 years. He has built a loyal clientele who come to buy vapes, juices, and vape accessories. The seller maintains spotless records of all sales through the POS system, which also tracks inventory and makes ordering new products hassle-free. In 2023, sales reached $454,940, with a cash flow of $128,684, which is incredible for a vape shop.
The business is situated in a bustling area of Downriver, providing excellent visibility from the road. It features a large parking lot to accommodate many customers. The interior has recently been remodeled and is well-organized, including a small seating section inside the store. There is also ample space to add new products that the current owner does not carry. The 1,620 +/- square foot building has been upgraded to give it a more upscale appearance, and the parking lot has been recently resurfaced.
A new owner can grow the business by expanding the product line, acquiring a smoking license, and increasing marketing efforts in the area. This is a turn-key business for an owner-operator with a great history and a loyal customer base.