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Vape Wholesale Business With Property
Location: United States -> Knoxville
Industry: Retail > Convenience Stores Retail




Business Summary

Sales in 2024 were $5 Million! Sales are expected to pass $6.6 Million this year! Seller moved the business to the larger warehouse and sales have increased substantially!

Seller is generating a minimum 12% margin on sales!

A vape store operates from a separate entrance and pays a rental income of $3,500 per month that will increase to $4,000 per month next year!

Business has roughly 300 customer accounts!

Net Profit is $50,000 per month AFTER paying a Payroll of $14,000 and all other expenses! Seller only needs to bring a $600,000 down payment and can take home $400,000 AFTER paying the mortgage!

Three employees are required in the business during operational hours. If the Buyer works full-time, then payroll will reduce to $9,000 per month and Buyer's take home becomes $450,000 per year AFTER all expenses including the mortgage!

Business is only open 10 hours per day Monday thru Sunday 9 am to 7 pm!

Store Information:

Warehouse space is nearly 10,000 sq ft! Property is made up of two condos!

Limited wholesale vape competition in the area!

Strong local presence in a busy, high-traffic location!

Geographic & Demographic Details:

Average daily traffic count of 7,980 vehicles passing by the store each day!

Population is increasing year-to-year!
Less than 2 hours to Asheville, NC and Knoxville, TN!

Asking Price for Business and Property: $1.8M plus inventory! Inventory is guesstimated at $800,000 at cost. Buyer only needs to bring $600,000 as a down payment!

If interested, please call or text us anytime at (770) 664-9999


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $5,000,000
Cash Flow:   $600,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2005
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

Photos

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Vape Wholesale Business With Property Photo 1




Print Listing Id: 700400571




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Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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