Multilocation E-Cigarette & Accessories Store
www.GlobalBX.com
Listing ID:
700314356
Listing Title:
Multilocation E-Cigarette & Accessories Store
Quick Link:
http://www.globalbx.com/listing.asp?bId=314356
Industry:
Retail
Industry Segment:
Other Retail
Country:
United States
State / Province:
Idaho
Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$1,425,000
Cash Flow:
$300,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2014
Number of Employees:
6 - 9
Business Description:
This opportunity is a nicely positioned and very profitable e-cigarette and vape accessory business. As part of a rapidly growing industry, this company has enjoyed a 36%+ compound average growth rate the last four years. Indeed, the seller is expecting about a 69% growth in 2017 gross sales over 2016! The vape industry is expected to continue its growth trajectory as tobacco product smokers increasingly transition to the electronic cigarette products. The company specializes in e-cigarettes, mods, batteries, tanks, RBA atomizers and e-liquid, as well as vaporizer accessories, replacement parts, coils, cotton and wire. However, what sets these stores apart from the competition is they carry the largest selection of e-cigarettes bases, vaporizer accessories and e-liquids within a very wide geographic radius. They also private-label a wide selection of internally mixed e-liquids. The stores are staffed with friendly and knowledgeable employees.
Special emphasis is placed on exceptional customer education and service which has been successful in promoting customer loyalty. Uniquely designed customer loyalty programs and competitive pricing has also been instrumental in the company's rapid growth. The business has eight employees including two full-time owners.
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