Business Overview

This is your chance to own the best smoke and vapes stores in El Paso, Texas. This business is set up for explosive growth in El Paso and beyond. With multiple locations around town, they offer the best quality and prices. There are many huge benefits in this purchase including a great website, large population of rewards members, 4+ google review ratings, excellent/keystone locations across El Paso, incredible leases, fully automated operating platform including software contracts, excellent operating manual and new hire training (including videos), POS with fully barcoded inventory, and much more. This business is set up for success and explosive growth! Given the price, opportunity and profit, this opportunity will not last long! Act now!

Financial

  • Asking Price: $4,199,000
  • Cash Flow: $1,240,209
  • Gross Revenue: $4,500,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $1,000,000
  • Inventory Included: N/A
  • Established: 2014

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:60
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

8 Locations in El Paso County

Is Support & Training Included:

Sellers will transition with new buyers for 30-60 days post sale. Additional training for a fee, however likely not needed given the training the company has in place

Purpose For Selling:

Other interests in the tech industry

Pros and Cons:

They are a leader in this market with a platform that is easily expandable vertically and horizontally, in terms of growth and expansion of stores, products and services.

Opportunities and Growth:

Very open market for growth in virtually all markets. A unique offering that is expandable in markets across the USA and globally!

Additional Info

The company was founded in 2014, making the business 8 years old.
The sale won't include inventory valued at $1,000,000*, which ins't included in the listing price.

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell businesses. However, the true factor and the one they say to you might be 2 absolutely different things. As an example, they may claim "I have a lot of various commitments" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may just be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in incomes, or an array of other reasons. This is why it is very important that you not count entirely on a seller's word, however rather, utilize the vendor's answer together with your total due diligence. This will paint an extra reasonable picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses finance loans with the purpose of covering items such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can imply that earnings margins are too thin. Numerous companies come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area bring in new clients? Often times, operating businesses have repeat clients, which develop the core of their everyday earnings. Specific aspects such as new competition sprouting up around the location, road construction, and employee turn over can influence repeat customers as well as negatively affect future revenues. One essential thing to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the greater the opportunity to develop a returning consumer base. A last thought is the basic location demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Just how might the neighborhood mean family earnings impact future revenue prospects?