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Supplier High End Electronic Cigarette And Vaporizer Products For Sale

Phoenix, Arizona, US
Asking Price:
On request
Sales Revenue:
$32,819,000
Cash Flow:
$9,399,000

The business is a commercial designer, engineer, and multi-channel supplier of premium electronic cigarette and vaporizer products. The business is a B2B and B2C supplier, offering products through various channels at retail and wholesale value.

Key Aspects:
· YE 2021 revenue of over $32.8 million
· Globally recognized brands
· Highly scalable business is considered an expert in the e-cigarette, vapor, and cannabis industries proven by its distinguished reputation among industry peers, customers, and manufacturers
· Extremely versatile product designs that allow agility to adapt products to market trend and regulation changes specific to vapor and cannabis product distribution
· Award winning customer service with extensive staff knowledge in brand development and brand awareness
· Industry leading marketing and operational strategies in place including multi-channel distribution
· All products in portfolio are filed as PMTAs as of Q2 2021 and published in the FDA product filing report
· INC 5,000 Award winner for the past 7 years as one of America's Fastest Growing Private Companies
· Company owned trademarks and patents
· Robust ERP system in place

Opportunities:
· Capitalize on penetration of convenience store distributor market as new target customers
· Expand product offerings and increase revenue by focusing on the development of additional products in the cannabis industry
· Bring on additional sales talent and add field teams nationwide
· Invest in internal personnel dedicated to brand management, SEO, and BD in the cannabis market
· Offer contract terms to additional wholesale customers

Headquartered:
· Phoenix, Arizona

Current Markets:
· The business is both a direct-to-consumer online retailer and a wholesale supplier, offering products through a variety of channels including e-commerce and third-party distributors and retailers. The business serves the nicotine vapor and cannabis industries globally.

Real Estate:
· The business operates from a 12,000 square-foot facility leased from an unrelated third party in Phoenix, Arizona. The facility includes a 7,000 square-foot office space and a 5,000 square-foot warehouse. The lease is assumable by new ownership.

Shareholder Objectives:
· The two owners are seeking a partner to help grow the business to its full potential. Ownership is open to remaining with the business for a negotiable time period post-sale and agrees with the proposed sale. Ownership is open to various deal structures in order to facilitate a transaction.

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