13869 J / RightBiz
Hilton Smythe are delighted to offer to the market the Newhaven Vape Lounge which has been developed and run by our client since 2016 and only offered to the market due to our clients wish to spend more time with their family and other businesses. The unique brand idea combines the increasingly popular demand for vaping and the need of new retail shops with a relaxed cafe concept. Currently turnover is split 50% vape and 50% cafe sales. Our client knows investing in the stock of vaping products including a new vaping tasting table could easily double current sales levels. Our client currently uses 3-4 vaping suppliers with mark up on certain products of over 400%! Our client has carried out several vaping nights when new customers can engage with existing customers trying new products and relaxing with other vaping uses in an environment that allows free vaping. Cafe menu includes freshly made smoothies, waffles, choc bar milkshakes, special deluxe milkshakes, hot coffees and teas, premium hot chocolates and the famous waffle challenge has still not been beaten! Clients Facebook and Instagram pages have over 800 likes. The business also includes 3 x shish smoking units which cure toy are delighted not been utilities; however, the very large rear car parking area could be developed into a smoking terrace allowing free smoking using the shish.
Leasehold Price: £28,000
Location: Newhaven, East Sussex
Sector: Cafes, Electrical Retailers, Tea Rooms
Annual Turnover: £50,000