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Finance And Services:

Business For Sale. E-cigarette/vaping Business

LISTING DETAILS
Firms For Sale ID:
35088
Vendor reference:
EB063
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000  
Turnover / revenue:
£292,478
Net profit / cashflow:
Undisclosed
Years established:
10
Trading hours:
Monday – Saturday: 9.30am – 6.00pm Sunday: 1.00pm – 5.00pm
Number of employees:
4
Employees / staffing:
Owner + 3 part-time sales staff who have been working for the business for between 2 and 4 years. Staff member 1 – 30 hours per week Staff member 2 – 25 hours per week Staff member 3 – 8 hours per week

OTHER DETAILS
Reason for selling:
Vendor wishes to change career
Support and training:
The vendor would be happy to stay and provide training for an agreed handover period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Leasehold Water and electric Staff toilets Good location close to a shopping mall and only 100 yards from a major supermarket
 
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BUSINESS DESCRIPTION
E-Cigarette/Vaping Business
Ref. EB063
Location : Northern Ireland
Asking Price : £150,000 Inc. stock
Turner Butler has been appointed to invite offers of purchase for the issued capital of this profitable E-cigarette and vaping business.
Started as a part-time, home run business in 2010, the vendor opened a full-time high street shop in 2015. The business sells e-cigarettes, refills etc. and carries a wide range of stock whilst also regularly introducing new products to meet customer’s needs. The business is renowned for fantastic customer service (as reflected in their Google and Facebook reviews) and so enjoys a high level of repeat business.

Expansion Potential
There is significant potential for growth and expansion by introducing online sales
There is also potential to introduce more C.B.D. (cannabis based) products in store
Potential to increase opening hours
Potential to open satellite shop/branch

Market / Competition / Non-Competition Agreements
Facebook (superb reviews)
Instagram
Google (superb reviews)