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Multi - Unit Vape & Tobacco Shop
Location: United States -> Louisiana
Industry: Retail > Other Retail

Business Summary

This popular vape and smoke shop chain operates under the same banner across multiple locations in Louisiana. All stores generate revenue streams from multiple product categories. This chain has proven itself to be resilient through the Covid-19 pandemic and is poised for substantial growth and expansion in the coming years

Unique selling propositions include:
- Many flavors of loose tobacco and a wide selection of roll-your-own cigarette devices, filters, and tubes. Huge selling point: Saves tobacco consumers 75% on a carton of cigarettes.
- Louisiana's exclusive right to a patented cocktail-bar style e liquid lounge where customers can customize flavors and potencies in a coffee shop style setting.
- Full-size humidors with the most popular premium brands of cigars are available at every store.
- There is substantial inventory of vaping devices at every store, along with coils and other repair parts for a large selection of older mods.
- An ecommerce platform with an online shopping cart that ships direct from this chain's Louisiana locations, rather than an out-of-state online retailer.
- Transferable lease agreements.
- Five part-time employees and two managers.
- THIS JUST IN! The Prevent All Cigarette Trafficking Act (PACT) will now make it illegal to ship vaping devices, e-liquid, and nicotine containing products through the mail. This will drive substantial traffic to local vape and tobacco shops.
- Owner wants to retire, but is willing to stay on for a number of weeks to train.
- This chain is very scalable and could easily expand to new locations throughout Louisiana and nearby states.
Serving East Baton Rouge suburbs for the past decade, this chain of stores has proven itself in multiple locations and parishes. The owners understand the unique psychographic preferences around Baton Rouge and customized their product lines to accommodate each location. The chain has grown their product line to include loose tobacco and rolling devices, premiu


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $659,069
Cash Flow:   $136,879
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $157,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  other opportunities

Print Listing Id: 700359922
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Also See: Franchise Opportunities > Franchise Resales > Louisiana Businesses For Sale > Louisiana Franchises For Sale > Louisiana Business Brokers

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