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Vape And CBD Three Store Franchise Package In Hartford County For Sale

Hartford County, Connecticut, US
Asking Price:
$450,000
Sales Revenue:
$961,657
Cash Flow:
$180,000

Vape And CBD-3 Store Pkg Hartford County-33279

Vape and CBD - 3 Store Franchise Package. Selling due to partnership split. First off, they are in full compliance with the law. They Do not sell Juul or similar products. They have replaced these items with CBD products which have better margins. The franchise provides full support with a 7.5% royalty on gross sales. There are no franchise fees or transfer fees involved with the sale of these locations. The business is currently operated on an absentee basis. A new owner can act as a regional manager as the stores are within 20 min of each other. There is a store manager in each location right now along with at least 1 -2 F/T and 1 P/T employee. In the past year the stores had combined gross sales of approx. $961,657.00 with an owner's cash flow of approx. $180,000.00. That is after paying a store manager in each location and all employees and overhead. Each store is located in a strong traffic location. We are seeking a serious and financially qualified buyer with at least $340K in liquid funds to cover the $300K down payment and approx. $40K in inventory. To learn more, please call or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33279 for instant access to this business information.

Business Operation

Reasons for selling:

Partnership split.

Employees:
7FT/3PT
Years established:
2017

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

300,000.00 Down & $150K @ 6% over terms TBD.

Inventory / Stock value:
$40,000

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