Huge Retailer in Electronic Cigarettes

, California 8 views 0 favorites

Financial Highlights
Asking Price
$677,033
Revenue
$5,712,109
Cash Flow
$158,058
Business Description

The U.S. government has proposed cutting nicotine in cigarettes to "non-addictive" levels in a major regulatory shift designed to move smokers toward potentially less harmful e-cigarettes. That's makes NOW the time to invest in established e-cigarette outlets. Nine retail locations, eight of which are located in a major metro making it a dominant player in the vaping/e-cigarette industry. The combined sale price of $677K reflects a 20% discount over individual store selling prices. Location: Baldwin Park, California Year Established: 2013 Number of Employees: 39 Real Estate: Leased Building Sq. Ft.: 770 Rent: $8,656.00 Per Month Facilities: All nine retail locations opened between 2013 and 2015. Market Outlook/ Competition: Established e-cigarette retailer with nine locations. Competitors are predominantly one location, stand alone, mom & pops and head shops. Growth & Expansion: Business opportunities include full service tobacco, smoking cessation, even cannabis as state laws continue to change.

Business Details
Industry:
Retail
Real Estate Included:
No
Assets Included
Inventory Value:
$515,685
Equipment Value:
$151,221
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 4 days ago

Views: 8

Favorites: 0