Thriving Vape Shop in Dudley with Ecommerce Potential

Dudley, West Midlands
REF: INT3425

Asking Price:
£170,000
Annual Turnover:
£180,159
Annual Net Profit:
£57,162
REF: INT3425
Photo of Thriving Vape Shop in Dudley with Ecommerce Potential
Photo of Thriving Vape Shop in Dudley with Ecommerce Potential
Photo of Thriving Vape Shop in Dudley with Ecommerce Potential
Photo of Thriving Vape Shop in Dudley with Ecommerce Potential

Overview

Tenure:
Leasehold
Established:
2018
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads

This thriving vape shop, located in the heart of Dudley, has been a trusted part of the local community for eight years. It offers a wide variety of vaping products, including vapes, e-liquids, and accessories.

In addition to its in-store offerings, the shop also has a well-established ecommerce website, allowing it to reach customers far beyond the local area. The shop has earned a strong reputation for quality products and excellent customer service, with many loyal, repeat customers.

The sale includes all inventory and the ecommerce platform, making it a seamless transition for new owners. With a low rent and an established reputation, this business offers a fantastic opportunity for someone looking to enter the vaping industry or expand an existing portfolio.

This vape shop has built a loyal customer base over the past eight years, primarily through face-to-face interactions at the store and via its well-functioning ecommerce platform.

The business offers a variety of vapes, liquids, and accessories to suit a wide range of preferences, making it a one-stop shop for vaping enthusiasts.

With three staff members, including the owner, the business is well-run, and there is scope for the new owner to take over without needing to be heavily involved in day-to-day operations.

The premises are modern and bright, providing a welcoming environment for customers. Additionally, the business benefits from a cheap rent, making it a cost-effective opportunity.

Everything, including inventory and the ecommerce platform, will be included in the sale, ensuring a smooth transition.

The business has significant growth potential, particularly in expanding its online presence. More targeted marketing campaigns towards the ecommerce website could increase traffic and boost sales, attracting a broader customer base.

Although the current team is sufficient, the business could explore opportunities to open additional locations, allowing for geographical expansion and a wider market reach.

With the local reputation and solid foundations already in place, a new owner could invest in further marketing strategies to enhance the shop's online presence and increase brand visibility.

Furthermore, the business is set up for hands-off management, providing flexibility for new owners to scale the business effectively without a heavy workload.

Features

Key Information

  • Sells Online: Yes
  • Products Sold: Accessories, Vape Supplies

Reputation

  • Google: 4.9
  • Trustpilot: Excellent
  • TripAdvisor: Excellent

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

  • Shopping Centre Location
  • High Street Location
  • High Footfall
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£8,020
Annual Rates
TBC
Lease Term (Years)
4
Lease Expiry (Year)
2028
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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