BusinessHilton Smythe is delighted to welcome to the market Vape MOB. A popular vape shop located on Rochdale Road, Bury.The business was established by our client in 2017, our client has fully renovated the shop to a high standard with modern décor and design. The business has now come to the market as our client is looking to save on travel time, spend more time with family and possibly establish a business closer to home in south Manchester.
The shop is well known within the area with a large amount of repeat custom. Current stock comprises of mobile phone accessories, vaping liquids and specialist e-cigs.
The shop is currently trading 6 days a week and generating a turnover of £40,000 pa, with plenty of scope to increase sales, such as pushing advertising, leaflet drops and extending opening hours, embark on online sales and social media. There is also the option to participate in markets and fairs. Vape MOB stocks a large range of products, this includes exclusivity to well-known brands. The majority of sales are vape liquids. The shop also has a number of wholesale customers, supplying a number of shops in the area, there is huge scope to increase this element of the business
The shop has a fantastic reputation, with a 5 star google review and customers stating ‘Great location and value for the products. Varieties are endless with an excellent customer service.’ And ‘Wonderful service. Great range of products.’ Our client is offering a hand over period to ensure the continued success of the business.
The business highly benefits from very little overheads, low rent and rates exempt.
This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.LocationThe business is located on Rochdale Road, Bury surrounded by a wealth of complimentary shops and businesses, benefiting from a high volume of footfall and passing trade.
There is no immediate competition within the area.
The shop is well signed and very noticeable to the large volumes of passing traffic and footfall, with a free car park directly across the road.PremisesVape MOB is located on a busy main road in Bury. There are multiple bus stops outside the shop, with ample free parking.Large commercial premises comprising of:-Ground floor (Shop floor) – with bespoke lighting and décor, fitted shelving, slat wall panelling and counterFirst floor -office, kitchen, wc and large storage room
Cellar – used for storageAttic – used for storageEquipment included in the sale:
Stock at value is around £10,000ExternalThe shop has great eye-catching signageSecurityThe business is secured with a metal roller shutter
- Customer seating
- Tall glass display cabinets
- Ample shelving
TenureWe are advised the premises is leasehold, with 1 year remaining, with rent of £8,400 pa. The businesses further benefits from being rates exempt.HoursMonday: 10.00 – 18.30Tuesday: 10.00 – 18.30Wednesday: 10.00 – 18.30Thursday: 10.00 – 18.30Friday: 11.00 – 18.30Saturday: 11.00 – 17.00
Owner ran with no staff members.Financial Profile
The business reports an annual turnover in the region of £40,000.