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Specialty Vape Shop

North Salt Lake, UT (Davis County)

Seller Financing Available
Vape Shop
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Asking Price: $325,000

Cash Flow: $210,000

Gross Revenue: $534,979

EBITDA: N/A

FF&E: $10,500

Inventory: $26,476

Rent: $1,688.59 /Month

Established: 2012

Specialty Vape Shop

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Business Description

HOT HOT HOT just reduced.

VAPE SHOP!!! Only one currently for sale in northern UTAH. This will go fast.

Rare opportunity to own you own tobacco specialty retail shop. This shop is a permit holder that is grandfathered and transferable to the new owner.Utah Tobacco laws.gov

Existing customer base is about 4000 loyal patrons. Located a bit north of SLC on a main street with easy access.

Current owners are not doing any marketing. They have excellent ratings and reviews with a 4.8 Google/Facebook and a whopping 5 star on Yelp.

Very clean and organized. It sparkles! Happy to give tours to potential buyers expressing serious interest.

Detailed Information

Location:
North Salt Lake, UT
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
12/1/2022
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Currently 1000 sq feet of space but shop next door is vacant and building owner would be happy to allow expansion so there could be an additional 1000 sq feet totally 2000. With that expansion you could add clothing and other retail items and see sales sore.
Competition:
Rent is 1688.59 . Cams are 312.50. 1000 is could expand another 1000 sq ft. zoned properly!! #1 shop in the area as sales go. Resigned 3 year extension on lease.
Growth & Expansion:
There are three employees, they make 9.50 an hour for up to 40 hours. Willing to do 2 weeks of training as no cost. CVD products and clothing could be expanded.
Support & Training:
Owners are willing to provide two weeks training and make sure there is smooth transition at no cost.
Reason for Selling:
Doing a business venture with family.
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Kaila Briscoe

Business Listed By:
Kaila Briscoe

Pinnacle Business Brokers

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