Other Retail businesses for sale in Wolverhampton

View the "Thriving E-Cigarette/Vaping Product Retailer" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ian McGregor (Nov 2013)
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Leasehold Price: £170,000 Price Reduced Annual Turnover: £185,000 Annual Net Profit: £88,000
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Business Description


Intelligent Business Transfer are excited to bring to the market a highly successful and rapidly growing vape retail business.
Offering an assortment of products at competitive prices, this business has grown organically through word of mouth and garnered a strong standing amongst the local inhabitants of Wolverhampton.
Since its establishment in 2015, the business has successfully generated an annual income in excess of £185,000, a phenomenal figure for an establishment of this size.
This is an exceptional platform for a first time buyer and would also make a great bolt-on purchase to an existing vaping business.
There exist a number of opportunities which could be implemented to drive the business further forward.

Growing the product range to include new flavours of e-liquids as well as other accessories would attract further patronage and the business could potentially look to wholesale to other retailers to generate higher revenue.
Refurbishing the current website to include an e-commerce platform would enable the business to attract footfall from further afield and it could effectively offer a delivery service to cater for a nationwide customer base.
As well as this, retailing its products on popular sites like Amazon and eBay would also be beneficial.
Embracing more social media would also present further advertising platforms to showcase and increase exposure to its products.

The current vendors are willing to stay on to aid the transition to new management.
Number of Employees: 1

Tenure: Leasehold

Listed by: Intelligent Business Transfer
Find out more about this business for sale opportunity by submitting the form below.
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