The strategic placement of their storefronts across the
Omaha Metro and Lincoln ensures accessibility for its
clientele. Their product range is extensive, aligning with
current legal standards while providing consumers with
options for relaxation and wellness. With over 10 locations,
the business caters primarily to adults who utilize recreational
products, offering a diverse range of items including vape
products, pipes, Kratom, and legalized CBD/THC
consumables. With a robust staff count of 53 employees,
each location is managed effectively to ensure smooth
operations, allowing for semi-passive ownership. The decision
to sell the business arises from health concerns faced by the
seller. To ensure continuity post-sale, the seller offers a
comprehensive training period ranging from 6 months to 1
year. This commitment not only aids in transferring
knowledge about operational practices but also helps
maintain relationships with existing customers during the
transition phase. The primary clientele consists of adults who
are either recreational users or those seeking alternatives to
traditional tobacco products. This demographic is increasingly
turning towards vaping and other herbal consumables due to
perceived health benefits or lifestyle choices.
Priced at $7,500,000, a 10% down payment of $750,000 can
return $998,617 in the first year after debt payments. There
There are significant growth opportunities available for prospective
buyers: given the success already achieved within Omaha
Metro and Lincoln, there is potential to open additional
locations in nearby markets. Additionally, the brand could be
franchised, allowing other entrepreneurs to operate under the
established name while expanding its reach further into new
territories
- Asking Price:
- $7,500,000 Furniture / Fixtures included
- Sales Revenue:
- $15,741,824
- Cash Flow:
- $1,633,681
Business Operation
- Expansion Potential:
-
Growth Opportunities: Open additional locations or
franchise the brand
- Reasons for selling:
-
Health Concerns
- Employees:
- 53
- Years established:
- 2012
Other Information
- Support & training:
-
6 months to 1 year
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
15% Seller Financing $1,125,000
- Furniture / Fixtures value:
- $568,759 - included in the asking price
- Relocatable:
- This business can be relocated.