Achieved turnover of £740k, with an EBITDA in excess of £110k.
The company has established a respected brand, offering an extensive selection of e-cigarettes, vapes, refills and accessories, with all ingredients, flavours and e-liquids being made the UK.
Benefits from a loyal and long-standing customer base, predominantly consisting of individuals with a higher disposable income who are willing to pay for premium products.
Lean, extensively developed business model, ensuring that the company maintains high profit margins.
Strong online presence, with an SEO-enriched e-commerce website and cohesive digital marketing strategy in place.
Operates on an international basis, with several registered trading entities based across Europe, all of which are fully compliant with TPD legislation, providing immediate access to the massive European market.
The acquisition of the company presents an ideal opportunity for buyers to immediately bypass the significant barriers to entry and costs (estimated between £3m and £5m) and successfully enter the lucrative e-cigarette market with a profitable operation in place.
Internal processes have been streamlined and automated wherever possible to facilitate a smooth transition period.
Operates from office/retail premises based in South England.