Business To Buy
Well Established & Profitable E-Cigarette/Vaporizer Business |
| East of England, ---Europe |
Well Established & Profitable E-Cigarette/Vaporizer Business
Ref. EB064
Location : East of England
Asking Price : £600,000 (plus NAV)
Turner Butler has been appointed to invite offers of purchase for this established and highly profitable specialist vaping business that has an excellent customer base and established retail and website presence.
This business was set up by the owner 7 years ago Having worked with a number of global manufacturers and carrying out extensive international due diligence, the owner established a business to provide the best vaporisers and the finest naturally derived flavours in the market as well as a range of accessories and support.
The business has grown predominantly through word of mouth and repeat business. All the staff are experienced advisers in the vaping industry and have a wide breath of knowledge on specialist products. |
|
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Financials |
| Price: $789,273 |
| Gross Income: $1,578,546 |
| Cash Flow: $0 |
| FFE: $0 |
| Inventory: $0 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #EB064 |
| Year Established: 2012 |
| Financing: |
| Training: The current owner would be happy to provide full support at handover and may be prepared to stay on for a further period should a new owner so require subject to negotiation. |
| Facilities: The business operates from one warehouse and 5 rental premises. There is flexibility on these lease terms and opportunities to expand further outlets. |
| Competition: The business has historically relied on repeat business and a large percentage of turnover is from existing clients. The owner has invested funds into a dedicated website which consistently produces between £2,000 and £2,500 sales per month.
Given the nature of the product there are strict regulations and restrictions on certain forms of advertising.
Further marketing efforts could be developed with online tutorials, blogs and vaping forums. |
| Growth: Key growth areas are expanding the retail shops where there is outside parking
Expansion of retail ‘pods’ in shopping centres where footfall is high.
Expanding the advice and chat forums on the current website to drive more traffic to the online and retail shops
This is an ideal opportunity for a specialist bolt on to an existing vaping business or as a stand alone investment. |
|
| Business Listed By |
| Name: Andrew Hudson |
| Company: Turner Butler |
| Phone: 01895 25 6000 |
|
| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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