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ID: MV1949

Chain of 11 Vaping, Rolling, and Smoking Specialist Stores, OH & PA

United States

True absentee ownership opportunity to own a chain of 11 vaping, rolling and smoking specialist store in Ohio & Pennsylvania. Includes all real estate, rental income, inventory and equipment.

ID: MV1949

Register Interest
Revenue:
$3.1m
Profitability:
10%

Location

Ohio & Pennsylvania

Business Description

  • Established 20yrs
  • True absentee ownership opportunity
  • Owners live out of state and rarely travel back to OH / PA
  • Appointed GM manages warehouse and 11 retail stores
  • 23 Employees (including 3-mangers)
  • Opportunity to scale the business selling tobacco (currently not sold in the store)
  • Would suit entrepreneur who is well versed in latest vaping products, trends & tattoo supplies

Financial Summary

$3.1m - Sales Revenue
$300k+ - Net Income  
  • Acquisition includes the Real Estate for all 11 retail stores that have recently undergone many upgrades. (A number of stores provide additional rental income from apartments above)
  • $3m+ in Inventory
  • Acquisition also includes the real estate for the warehouse, and two forward Ford transit vans 
List Price - $7.5m

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.