A fantastic opportunity to buy an attractive vape shop in a desirable location. The shop enjoys high natural footfall from being in a city centre location close to a major shopping mall. Unlike other retail, the vaping industry is growing and will do so for the foreseeable future making this a great opportunity.
The current owner has established 4 revenue streams:
1) E-cigarette hardware
3) Cannabidiol (CBD)
4) Cryptocurrency cashpoint
Most revenue is derived from the e-liquid lines with a largely recurring client base. The business enjoys exclusive distribution rights for the region to a top of the range series of liquids. They are in fact one of the nation’s top 30 distributors giving them an enhanced level of exclusivity with the manufacturer hence solidifying their unique market positioning.
Hardware sales generate the second largest portion of revenue and CBD related products coming in third, with the latter enjoying an accelerated growth pattern.
To find a cryptocurrency cashpoint in the region is rather rare and the presence of such cashpoint in the shop attracts cryptocurrency users from outside the region leading to additional footfall in addition to an easy, low-effort, income.
The shop achieves its aim to create a client experience of professionalism and deep expertise in a clean, clinical but welcoming setting. Besides the shop, the business achieves significant levels of on-line sales via a smart and professional web presence.
The business package includes leasehold fully fitted premises, website, good working level inventory, and all business systems such that a buyer gets themselves a highly profitable turn-key solution generating an income from Day 1.
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