YE 2022 – T/O £1.4m, adjusted EBITDA for same period £693k
This opportunity includes nine properties across Scotland comprised of eight retail settings and a manufacturing plant.
The business has recently expanded into England with plans to continue expansion outside of Scotland.
Second tier management team in place with a production manager and a quality manager.
Retail locations are based in five of Scotland’s top ten most populous localities, amongst others.
Loyal customer base who seek out own-brand e-liquids primarily through word-of-mouth.

Kings Corporate are delighted to present Project Thunder, a e-liquid manufacturer and vape retailer with multiple locations across Scotland. The business has a well-established brand with eight retail locations and a manufacturing plant across Scotland with a recent expansion into England. The vendor now wishes to pursue other business interests with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a leasehold basis.

Please contact for further information using the reference number 50140 and quote “Project Thunder”. Ref: 50140