Sales in 2024 were $5 Million! Sales are expected to pass $6.6 Million this year! Seller moved the business to the larger warehouse and sales have increased substantially!
Seller is generating a minimum 12% margin on sales!
A vape store operates from a separate entrance and pays a rental income of $3,500 per month that will increase to $4,000 per month next year!
Business has roughly 300 customer accounts!
Net Profit is $50,000 per month AFTER paying a Payroll of $14,000 and all other expenses! Seller only needs to bring a $600,000 down payment and can take home $400,000 AFTER paying the mortgage!
Three employees are required in the business during operational hours. If the Buyer works full-time, then payroll will reduce to $9,000 per month and Buyer’s take home becomes $450,000 per year AFTER all expenses including the mortgage!
Business is only open 10 hours per day Monday thru Sunday 9 am to 7 pm!
Store Information:
Warehouse space is nearly 10,000 sq ft! Property is made up of two condos!
Limited wholesale vape competition in the area!
Strong local presence in a busy, high-traffic location!
Geographic & Demographic Details:
Average daily traffic count of 7,980 vehicles passing by the store each day!
Population is increasing year-to-year!
Less than 2 hours to Asheville, NC and Knoxville, TN!
Asking Price for Business and Property: $1.8M plus inventory! Inventory is guesstimated at $800,000 at cost. Buyer only needs to bring $600,000 as a down payment!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
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