Largest Vape Chain in Connecticut. Five stores and poised for growth with franchise platform and private label brands.
High-end, service-oriented, modern stores, positioned to thrive in new regulatory environment that will negatively impact less-prepared competitors.
Lender pre-qualified. Excellent books and records. Employee culture and operating systems in place to mitigate transition risks. The business produced $1.1mm in Adjusted Earnings in the three years ended 12/31/2017.
High-end, service-oriented, modern stores in five leased premises. In 2017, occupancy expenses were 3.2% of total revenues.
Franchise brand and platform ready for growth.
Since debuting in the U.S. in 2007, e-cigarettes and other vaping devices have grown into a $6.6 billion business. Competitors are mostly one-location, stand-alone, tobacco or head shops that do not have economies of scale and upside of this business.
Seller will transition this turnkey business to new owners and focus on other businesses.
Will train for 2 weeks @ $0 cost. All major vape delivery systems offered with over 100 flavors, including private label brand.