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Profitable Vape Shop

Wayne County, MI, USA
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Businesses For Sale | Smoke Shops For Sale

Listing ID : 2430662

Listed On October 18, 2024 View Count 14

Listing Updated December 2, 2024

Price :
$300,000
Business Overview :
Gross Revenue:
$454,940
Cash Flow:
$128,684
Year Established:
2016
Number of Employees:
2
Inventory Included:
No
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Business Location Details :
Business Location:
Available for Purchase
Building Size:
1,620 Sq. Ft.
Property Details :
Terms :
Financing:
Cash, Seller Financing
NDA Required:
Yes
Broker Co-Op:
No
Company Overview :
Franchise Overview :
Description :

This is an amazing opportunity to own your own independent 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 smoke and 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.

Real Estate Available for Purchase

Real Estate Price: $250,000

Purchase Terms: 8% / 10 years

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Capital Business Brokerage
License:6505300924
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