Electronic cigarette store located in North Texas as the best vape store is available for acquisition. Established in 2015, this business has already established themselves as the best vape store in the local area within a short time span. The majority of the customers that purchase products from this store are military personnel and construction workers around the age of 30-40 in need of a healthier option from smoking cigarettes. A competitor is coming within the area, but competition for this business is very minimal as this is the best vape store in the whole area along with high quality products other locations doesn't provide at a affordable price. In 2015, sales were $435,000/year and are projected to increase $450,000-475,000/year in 2016 as this operation became #1 vape store in the area in one year of business. Owner of the business proactively markets the business through magazines, email, personal website, Facebook, Yelp, and other social media outlets. Electronic cigarette industry is increasing by 20% each year as more people see the benefits of vaping to quit smoking, but since the area this business is located in is currently still in growth, the percentage can be calculated at even a higher rate than the average 20%. Products provided at this business can range from 150 different varieties of e-juices, e-cigarette batteries, electronic components for vaping, and test tanks for pre-purchase taste testing. Brand new electronic components for e-cigs are updated once new hardware is out in the market and is given warranty from their major vendors. Acquisition of this vape store located in an area where the growth has yet to reach full potential will be a fantastic business opportunity you can't miss.
Furniture, Fixtures & Equipment: $50,000 (Included in listed price)
Inventory: $65,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% cash down with SBA Financing for Qualified Buyers.
Year Established: 2015
Facilities: This 1,800 SF facility is located right beside a major bus line and is a prime location with dense population. All equipment is in perfect condition as well as a top-of-the-line POS system.Support/Training: Owner will provide training during a 4 week period for a smooth transition into the business.
Reason Selling: Retirement and other opportunities.
Competition: One competitor is coming soon within the immediate market area, but this store is currently the best in the whole city and area.
Growth And Expansion: This electronic cigarette store is currently marketed on social media websites including the infamous yelp reviews, e-blast, personal website, and news articles. Market for this business is growing at a consistent 20% a year as more studies show the health benefit of vaping, but as this area has not been properly grown to its full potential yet the growth can exponentially grow more than the calculated 20%.
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