Turn-Key Vape Store with Loyal Customer Base in Chippenham Wiltshire for Sale
Chippenham, Wiltshire
- Status
FOR SALE
- Advert ID
615707
- Reference
B08178 / Rightbiz
- Call Agent:
- Leasehold: £34,995
- Turnover: £78,000 (£1,500 per week)
- Profit: £27,300 (35% Profit margin)
Business Details
Popular & Growing Vape Store For Sale
BusinessPlease quote reference B08178
Are you looking to step into the booming vape industry with a proven, profitable business? Look no further!
CoGoGo present to the market an established vape shop called Liquidz Vapes, located in the heart of the Emery Gate Shopping Centre in Chippenham, which is now available for sale. This is a fantastic opportunity to acquire a turn-key business with a loyal customer base and significant growth potential.
About Liquidz Vapes:
- Product Range - The shop offers a comprehensive range of products including disposable vapes, premium e-liquids, e-cigarettes, vape kits, coils, and much more.
- Customer Base - A mix of regular local customer and visitors, attracted by the convenient and central location.
- Reputation - The business has built a strong reputation for quality products, excellent customer service, and competitive prices.
- Turn-Key Operation - The sale includes all inventory, fixtures and fittings, allowing the new owner to start earning from day one.
- Prime Location - Situated in a busy shopping centre, the shop benefits from high visibility and foot traffic.
- Modern Interior - The shop is well-maintained with modern fixtures and a welcoming atmosphere, providing a pleasant shopping experience.
- Online Presence - The business has a well-established online store and active social media accounts, driving additional sales and customer engagement.
- Expanded Product Range - Introduce new and exclusive marketing strategies, including SEO, PPC, advertising, and social media campaigns, to boost online sales.
- Loyalty Programs - Implement customer loyalty programs to encourage repeat business and enhance customer retention.
- Events and Workshops - Host vaping events, product launches, and educational workshops to engage the community and attract new customers.
- Partnerships - Form partnerships with local businesses and influencers to increase brand awareness and drive foot traffic.
For more information and to arrange a viewing, please contact CoGoGo today. Don't miss out on this fantastic business opportunity in Chippenham's Emery Gate Shopping Centre!
Location
Liquidz Vapes is located Emery Gate Shopping Centre, Chippenham - a prime spot with high levels of footfall, ensuring a steady stream of customers.
Premises
The vape shop occupies a cozy, single-fronted store, drawing in passersby with its sleek and inviting design. Inside, a prominent display stand showcases an extensive range of vaping liquids.
They anticipate significant expansion in the shopping mall this coming year, with new stores and services enhancing the overall customer experience.
Tenure
This opportunity is being sold on a Leasehold basis.
The current rent is £1,175 per month (including the parking space). Notably, our client has successfully negotiated a 50% reduction in rent, effective from August 2024 to December 2024, which will facilitate this growth by reducing overhead costs and allowing for strategic investments in their business operations.
Hours
The current trading hours are:
Monday to Sunday - 9:00am to 5:00pm
Staff
The business is run and managed by our client.
Financial Profile
This business generated £78,000 gross with 6,000 sales in their first year of trading (2023). Full financials can be made available upon further request.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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