1. Home
  2. Businesses for Sale
  3. Connecticut
  4. Misc Retail/nonclassifiable
Business for Sale Summary

Vape and CBD - 3 Store Pkg Hartford County - 33279

Business Type: absentee business,must sell/drastic price reduction!,non-classifiable establishments,other personal services,seller financing available,misc. retail/non-classifiable
Owner Financing
Vape and CBD - 3 Store Pkg Hartford County
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 34 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $275,000
Gross Revenues $1,092,000 Lease Remaining Register Free to View
Owner’s Cash Flow $145,000 Number of FT Employees Register Free to View

Financing

$275,000 Down and $75 over 2 yrs. @ 6%.

Business Description

Vape and CBD - 3 Store Franchise Package. Major price reduction! Selling due to partnership split. First off, they are in full compliance with the law. They DO NOT sell Juul or similar products. They have replaced these items with CBD products which have better margins. In addition, the new federal Premarket Tobacco Product Application (PMTA) regulations have benefited them and will only aid in their growth going forward. The franchise provides full support with a 7.5% royalty on gross sales. There are no franchise fees or transfer fees involved with the sale of these locations. The businesses are currently operated on an absentee basis. A new owner can act as a regional manager as the stores are within 20 min of each other. There is a store manager in each location right now along with at least 1 -2 F/T and 1 P/T employee. Projected sales for the next twelve months are approx. 1,092,000.00 with an owner's cash flow of approx. $145,000.00. Each store is located in a strong traffic location. We are seeking a serious and financially qualified buyer with at least $275K in liquid funds. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.