Vaporiser shop for sale in Blackpool Lancashire, Cloud Nine Opportunity
Blackpool, Lancashire
- Status
FOR SALE
- Advert ID
648980
- Reference
B09542 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: £120,000 (£2,308 per week)
- Profit: £48,000 (40% Profit margin)
Business Details
Cloud Nine Opportunity – Established Blackpool Vaporiser Shop
BusinessPlease quote reference B09542
CoGoGo is delighted to bring to the market Vapours Paradise, an established vaporiser shop located in Blackpool, England.
Trading successfully under the current ownership for the last 3 years, the business has built a solid customer base and offers an attractive opportunity for a new owner seeking a specialist retail operation with proven performance.
The business benefits from strong reported profitability and further scope for growth, particularly through the creation of a dedicated website and wider online sales presence.
The sale is offered due to family commitments.
Early viewing is highly recommended.
Location
Vapours Paradise occupies leasehold premises on Cherry Tree Road North in Blackpool, serving a busy local community with good surrounding residential catchment and passing trade potential.
Premises
The business trades from leasehold retail premises fitted to suit its specialist offering. The shop provides a customer-facing sales area with display space for vaping products and related stock, creating a straightforward and manageable retail setup.
Tenure
Leasehold. We are advised the rent is £600 per calendar month. The current lease runs for 3 years, with approximately 2 years remaining, and is renewable.
Hours
The current operating hours are:
Monday to Friday: 9:00 am to 6:00 pm
Saturday: 10:00 am to 6:00 pm
Sunday: Closed
Staff
The business is supported by 1 staff member.
Financial Profile
We are advised that the business generates an annual turnover of £120,000, with a net profit of £48,000. We are further advised that stock at valuation is in the region of £40,000.
Contact Agent
Listing Statistics
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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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