Vape Wholesale Business With Property
Not Disclosed, TN Not Disclosed
Knoxville, TN
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- RE: Vape Wholesale Business With Property
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $1,800,000 | |
| Annual Revenue: | $5,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $600,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 988887 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
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 or email your full name and best contact number to info@riverbrokers.com
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Average daily traffic count of 7,980 vehicles passing by the store each day!
Population is increasing year-to-year!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Tennessee businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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