Seller's Discretionary Earnings: $209,768
Inventory Included in Price: $200,000
FF&E Included in Price: $82,600
This is a rare opportunity to acquire an established network of vape stores. This established and profitable business provides flexibility to the owner and has a lot of up-side potential!
The business was established in 2009 with opening its first location. The owner is selling the business due to relocation to the United States.
With multiple retail locations and a strong online presence, the business has established a solid position in its niche market and successfully services the needs of its loyal customers. The business sources its inventory from Canadian, American and overseas suppliers. The owner of the business is responsible for marketing, staff training and inventory management.
The seller has developed franchise concept, registered all required franchise documentation and received all approvals needed to sell new franchise locations. If the new owner desires, he/she can generate additional revenue through the sale of new franchise locations. All franchise documents will be available to the new owner and are included in the sale.
The equipment of the business consists of typical retail store fixtures. Each location was recently renovated and will not need any additional work in the near future.
There are no special licenses or skills needed to operate the business. The seller has agreed to assist the incoming buyer with four weeks of training at no extra cost, to accommodate a smooth transition, and will also be available for consultations afterwards. Up to $150,000 of seller financing is available to a qualified buyer.