Profitable Vape/Shisha Shop with Firework License in Prime Chingford Location
Chingford, London
- Status
FOR SALE
- Advert ID
626588
- Leasehold: £90,000 (Stock at valuation)
- Rent: £18,000 (£1,500 per month)
- Turnover: On request
- Profit: On request
Key Features
- Prime Location
- Established Business
- Potential for Alternative Use
- Fully Fitted
Business Details
Vape Shisha Shop Chingford
We are offering a well-established vape shop for sale, located in a prime street-level spot in Chingford with high foot traffic. This shop is profitable, making it an ideal opportunity for those seeking to enter the business world and earn independently. Our shop is renowned for selling premium shisha tobacco and pipes, and we also stock fireworks, which we are allowed to sell around the clock. This provides a unique business advantage in the area.
Firework licence
SMALL BUSINESS RATES
The reason for the sale is our pursuit of new ventures, despite the shop's ongoing success. This is a great chance for anyone looking to capitalize on a thriving business. The shop has been carefully designed with a stylish interior, featuring modern fixtures and a wide range of products including vapes, shisha, and accessories. It also boasts an inviting shopfront with large signage and window displays.
Our business has been operational for over two years, and during that time, it has been owner-operated. One of the highlights of this opportunity is the location; the shop is situated on the main street, directly opposite a bus stop, which increases its visibility and customer base. Our competition in the area is minimal, enhancing the shop's appeal as a business venture.
The sale includes all fixtures and fittings, adding extra value for potential buyers. Over the past year, there has been a notable increase in turnover, underscoring the shop's continuing success. The business operations currently employ 1-2 people and have an active online presence via Instagram, further engaging with our customer base. We are committed to assisting new owners by offering training to ensure a smooth transition.
This vape shop is an established business in the heart of Chingford, London, available for sale as a leasehold opportunity. The annual rent is £18,000, and detailed accounts are available upon request. Due to its high turnover and prime location, this is an excellent investment for those interested in a small, adaptable business with potential for alternative uses.
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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.'.
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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.
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