Business Overview

This Vapors store has one of the largest selections in Tampa Bay, Freestanding building, staff in place, and knowledgeable. Established in 2009, this company is one of the founding of custom premium made e-juices and e-cigs market. The business has a loyal customer base and almost perfect reviews. May qualify for an E-2 Visa.

Financial

  • Asking Price: $165,000
  • Cash Flow: $74,611
  • Gross Revenue: $460,764
  • EBITDA: N/A
  • FF&E: $30,000
  • Inventory: $2,000
  • Inventory Included: Yes
  • Established: 2009

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:10,000
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Owner will train for 2 weeks, no cost.

Purpose For Selling:

Retirement

Additional Info

The company was started in 2009, making the business 13 years old.
The transaction does include inventory valued at $2,000, which is included in the suggested price.

The company has 4 employees and is located in a building with estimated square footage of 10,000 sq ft.
The building is leased by the company for $3,500 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell operating businesses. However, the genuine factor vs the one they say to you may be 2 completely different things. As an example, they might state "I have a lot of other obligations" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these might just be reasons to attempt to hide the reality of changing demographics, increased competitors, recent decrease in profits, or a range of other reasons. This is why it is really vital that you not count completely on a seller's word, yet instead, utilize the seller's answer along with your total due diligence. This will repaint an extra sensible picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Lots of operating businesses borrow money so as to cover items such as stock, payroll, accounts payable, etc. Bear in mind that sometimes this can suggest that revenue margins are too small. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that have to be satisfied or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area bring in brand-new clients? Often times, companies have repeat customers, which create the core of their daily profits. Particular variables such as brand-new competitors growing up around the area, road building, and personnel turn over can influence repeat customers and adversely influence future profits. One crucial point to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business regularly, the better the possibility to construct a returning consumer base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Just how might the local typical family income impact future revenue potential?