Family-Run Vaping & E-cigarette Business in Oxfordshire

Thame, Oxfordshire
REF: R08096

Asking Price:
£35,000
Annual Turnover:
£105,695
Annual Net Profit:
£20,000
Reduced
REF: R08096
Photo of Family-Run Vaping & E-cigarette Business in Oxfordshire
Photo of Family-Run Vaping & E-cigarette Business in Oxfordshire
Photo of Family-Run Vaping & E-cigarette Business in Oxfordshire
Photo of Family-Run Vaping & E-cigarette Business in Oxfordshire

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent reputation
  • Loyal customer base
  • Huge potential for growth
  • Well-equipped premises
  • Wide variety of products/services

The business for sale is a family-run business that provides high street and online stores with vaping and e-cigarette supplies. Established in 2019, this long-running business has grown steadily since its creation and has now gained an excellent reputation and a loyal customer base in the sector. Many of the clientele even drive from as far Bicester and Milton Keynes to get their vape supplies.

The company prioritises providing customers with a wide variety of vape and e-cigarette supplies at affordable prices, including e-liquids, mods, coils, tanks, and accessories. The business has a successful website and several popular social media channels, which are a testament to the company’s excellent online presence and fantastic customer service. The business is located in an attractive and busy town, with a population of 11,500, and has an excellent tourist trade. The spacious premises have a spot on one of the main roads into the town centre. As there is no local competition, there should be plenty of trade for the new owner.

There is huge potential for growth, as there is a massive opportunity to extend opening hours, develop the online side of the business, and increase the marketing efforts. This fantastic business would be ideal for someone with an aptitude for retail and would be perfect for a couple.

The business is located in an attractive and busy town, with a population of 11,500, and has an excellent tourist trade. The spacious premises have a spot on one of the main roads into the town centre. As there is no local competition, there should be plenty of trade for the new owner.

Upon entry through the main front door, you will find yourself in an L-shaped premises with a carpeted customer area with a leather chair and sofa and a glass-fronted serving counter. To the rear of the property, there is a separate area, with a toilet, kitchenette, and storage cupboard. The shop is fitted out with a camera system, fire alarm, high-quality security equipment, and has grilled windows and doors. There is 1 parking spot and lots of nearby parking close to the store.

The Bluetooth till system and iPad will be included in the business sale.

This would be the ideal business for someone who has an aptitude for retail and would be perfect for a couple.

There is huge potential for growth, as there is a massive opportunity to extend opening hours, as currently the business is only open part-time. At the moment, 10% of the sales come from the online store. There is huge scope to expand in this area and increase the revenue from online sales. Developing the company’s marketing efforts could also be a great way to attract more trade.

Features

Online Presence

Location

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  • No local competition
  • Close to local businesses
  • High-street location

Property

Annual Rent
£12,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Years)
TBC
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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