Online E-Liquid and Vaping Store

Erith, Kent
REF: S07537

Asking Price:
£70,000
Annual Turnover:
£400,000
Annual Net Profit:
TBC
Recently Sold
REF: S07537
Photo of Online E-Liquid and Vaping Store

Overview

Tenure:
Leasehold
Established:
2016
  • Huge growth potential
  • Excellent Reputation
  • Well Equipped Business

This is an exciting opportunity to purchase a profitable, online retailer specialising in e-liquids and vaping starter kits.

Selling to individuals all across the UK and Europe, the business is currently headquartered in Kent. With over 30,000 customers in the past, the business is a reputable retailer of several premium brands, including; Space Jam E Juice, Charlie’s Chalk Dust, PachaMama, Cuttwood and many more.

With a highly functioning website, around 60% of the business’ traffic comes from direct search. Known for their great customer service and high quality products, the company has quickly established a stellar reputation in the vaping community.

The business sells to customers online, but is run from an office and warehouse based in Erith, Kent. The industrial unit is spread over two floors. To the first floor is a large open space with shelving for all stock, toilets, an office, store room and a kitchenette. To the second floor are two spacious offices and a smaller kitchenette. This space is shared with another business.

A new owner would benefit from taking on a well-known, functioning e-commerce site, an established customer base and a fantastic industry reputation.

The office currently opens 5 days a week. However, the online nature of this business means sales can be made 24/7.

This is a fantastic opportunity to take on a profitable e-commerce business with great profit-margins and minimal overheads. The ideal buyer would be an enthusiastic entrepreneur wanting to enter a thriving industry, or a similar retailer looking to corner the market.

An increased focus on digital marketing, both nationally and internationally, could see an uplift in future sales.

The vendor has advised they would be happy to stay on for a handover period as required by the purchaser.

Features

Online Presence

Location

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  • Office Based
  • On-Site Car Parking
  • Good Transport Links

Property

Annual Rent
£33,600
Annual Rates
£6,800
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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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