Vape and Mobile Accessories Shop For Sale

The business is currently witnessing impressive sales figures, reaching approximately £5,500 per week during peak times, with a typical weekly turnover ranging between £4,500 and £4,800. These figures pertain exclusively to the sales from Pure Vapes, showcasing a strong market presence. The operation maintains a healthy profit margin of 45-50%, highlighting its potential for lucrative returns.

While the mobile repair segment sees minimal traffic, averaging only one to two repairs per month, it is essential to note that this aspect is not included in the overall sales figures. The asking price for the shop has been set significantly lower than what would be expected based on the profit generated, presenting an attractive investment opportunity for prospective buyers.

In terms of customer attraction, the shop benefits from several nearby amenities, including Aldi, Asda, and a convenient bus stop. These fixtures contribute to foot traffic, enhancing the shop’s visibility and customer reach. Encouragingly, there has been a noticeable increase in turnover over the past year, suggesting a growing customer base and sustained interest.

Currently, the business is operated by a single employee, enhancing its manageable scale. There is also an existing online presence, which adds an essential dimension to the business's marketing strategy and customer engagement. The current owner is committed to facilitating a smooth transition for new owners by offering training opportunities, ensuring they are well-equipped to run the business successfully.

Vape and Mobile Accessories Shop Overview

This vape shop, located in Stanley, County Durham, is now available for sale. The leasehold price is set at £75,000, complemented by a current turnover of £249,600 and an annual rent of £5,760.

Key Features of the Business

The shop comes with several advantageous features that enhance its appeal:

• Flexible trading hours allow for adaptable business operations.
• Opportunities for fresh ideas and innovation to attract new customers.
• A solid reputation within the community, fostering customer loyalty.
• A diverse range of innovative vaping devices and a selection of mobile accessories.
• Flexible mobile business model to cater to changing market demands.
• Staff-assisted management for efficient operational run.
• A strong industry reputation supports sustained growth.
• Variety and selection of vape products cater to diverse customer preferences.
• Well-organised product displays improve customer experience and sales potential.