Intelligent Business Transfer are excited to offer to the market this exciting opportunity to purchase a well-established and well known smoking alternative producer that specialises in the design, manufacture and sale of rechargeable smoking devices and vaping liquids under an exceptional brand.
The business started five years ago and remains in the hands of the founding owner who has a solid career within the financial and business development industry. The business was incepted as one of the first businesses within the industry in the UK market. Although the market is now relatively crowded, the owner has established and grown a brand that still has the high standard of branding to compliment a solid standard of product that has been sold throughout the UK.
The business runs at a stable position and has a turnover that exceeds £100,000. The website and brand are constantly undergoing improvements in order to fully meet the demands of a hugely dynamic yet profitable market. The profits margins for the business are higher than average that produce an adjusted net profit that is forecasted to be £60,000 this year.
The current owner has grown the business organically since founding the business and has developed a very lucrative model. The business now has thousands of social media followers across all platforms. The website for the business is extremely user friendly and has been created in a way to facilitate increased trading.
The condition, image and client feedback for the business is a credit to the current owner who is wishing to sell the business due to other ambitions.
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