Vape retailer for sale in Smethwick, Cloud Chasing Profits, owner relocating overseas
Smethwick, West Midlands
- Status
FOR SALE
- Advert ID
645027
- Reference
B09363 / Rightbiz
- Call Agent:
- Leasehold: £249,999
- Turnover: £500,000 (£9,615 per week)
- Profit: £50,000 (10% Profit margin)
Business Details
Cloud Chasing Profits – High Turnover Vape & Vaporiser Retailer
BusinessPlease quote reference B09363
CoGoGo is delighted to bring to the market a well-established vaporiser and vape retail business operating under the
Magix Technology, operating under the trading name Gadget Cloudz, is a rapidly growing UK-based multi-channel retail and e-commerce business specialising in vaping products, consumer electronics, mobile accessories, and gaming goods.
Launched in November 2024, the business has already achieved £432,516.08 in revenue in the last 12 months, with consistent month-on-month growth and strong foundations for significant expansion.
Core Strength: High-Value eBay Operation
The business’ primary revenue driver is its established and approved store on eBay, selling vaping products within a restricted category that requires special authorisation. Only a limited number of sellers are permitted to operate in this space, creating substantial barriers to entry and making this account a highly valuable commercial asset.- Average profit margin on eBay sales: ~10%
- Products currently sourced via wholesalers/distributors
- Significant opportunity to increase margins through direct distribution or manufacturing relationships
Scalable E-Commerce Infrastructure
Alongside eBay, the company operates its own e-commerce platform:www.gadgetcloudz.com
The website includes:
- Thousands of fully built product listings
- Detailed descriptions and SEO optimisation
- Structured product catalogue ready for scaling
- Integrated systems, automation tools, and API-ready architecture
- Apply for wholesale accounts directly through the website
- Receive login access to dedicated wholesale pricing
- Place bulk orders through an already automated structure
Strategic Opportunity for Wholesalers & Distributors
This acquisition is particularly suited to vaping wholesalers, distributors, or manufacturers looking to expand into direct-to-consumer and online retail channels.Key advantages include:
- Immediate access to an authorised eBay account in a restricted category
- Existing 10% average margin with strong potential for significant increase via direct supply
- Fully operational website with wholesale portal and automation systems
- Ready-to-scale structure without development delays
- Physical UK base with logistics and retail capability
- Brand with established identity and growth trajectory
Vision
Magix Technology (Gadget Cloudz) was created to be more than just a shop — a relaxed, engaging space where customers can explore their passions for vaping, tech, and gaming. Today, it stands as a fully operational and scalable commercial platform ready for the next stage of growth under the right ownership.Location
The business operates from a leasehold retail unit, positioned to benefit from passing trade and established local demand. Further location details are available upon request.
Premises
The company also operates from a retail and logistics location on Bearwood Road in Birmingham (Smethwick), used for:
- Order fulfilment and stock handling
- Walk-in retail sales
- Brand presence and local customer base
The unit is well-presented and fitted for efficient operations, supporting both retail and storage. There is additional potential to introduce services such as device repairs, creating an extra revenue stream.
Tenure
Leasehold.
Rent: £8,340 per annum.
Further lease details are available from CoGoGo upon enquiry.
Hours
Trading hours are set by the owner and offer flexibility for a new operator.
Staff
The business is currently owner-operated, with support provided as required.
Trading hours are set by the owner and offer flexibility for a new operator.
Financial Profile
We are advised that the business generates:
- Annual turnover of approximately £500,000
- Net profit in the region of £50,000
Stock is valued at circa £6,000 and is included within the sale.
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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.
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