We are presenting a unique opportunity to acquire a well-established franchised vape retail business located in a high foot traffic area of the Central Business District (CBD).
Business Location
- Situated in the bustling CBD, surrounded by offices, restaurants, and retail shops.
- High visibility and accessibility, attracting a steady stream of foot traffic daily.
- Close proximity to public transportation, increasing convenience for customers.
Market Overview
- The vaping industry is experiencing significant growth, driven by increased awareness of vaping as an alternative to traditional smoking.
- Rising demand for a variety of vaping products as an alternative to trditional cigarettes.
- A trend toward premium products and personalized customer experiences, positioning the store favorably in the market.
Business Operations
- Established for 3 years, with a strong reputation for quality and customer service.
- Diverse product offering provided by th eever supportive franchisor.
- Knowledgeable staff trained to provide excellent customer service and product education.
- Robust inventory management system ensuring popular products are always in stock.
Financial Performance
- Consistent sales year-over-year, with detailed financial statements available for review.
- Strong profit margins typical of the retail sector, especially within the vape market.
Customer Base
- A diverse clientele, including young professionals, office workers, and tourists.
Growth Opportunities
- Expansion of product lines to include new and trending items.
- Extending the hours of operation.
Conclusion
This vape retail business presents a lucrative investment opportunity for a buyer looking to enter a growing market with a solid foundation. The combination of a prime location, established operations, a loyal customer base and "a solid franchisor support" makes this an attractive prospect for future growth and profitability.
Price includes stock in trade of $30,000
We invite interested buyers to discuss this opportunity further and explore the potential of this thriving business.
Mahendra Velankar, 022 657 4179, mahendra.velankar@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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