Vape Wholesale Business with Property One Hour from Knoxville, TN! Expected Yearly Net Profit is $600K!

Sales in 2024 were $5 Million! Sales are expected to pass $6.6 Million this year! Seller moved the business to the larger warehouse and sales have increased substantially!

Seller is generating a minimum 12% margin on sales!

A vape store operates from a separate entrance and pays a rental income of $3,500 per month that will increase to $4,000 per month next year!

Business has roughly 300 customer accounts!

Net Profit is $50,000 per month AFTER paying a Payroll of $14,000 and all other expenses! Seller only needs to bring a $600,000 down payment and can take home $400,000 AFTER paying the mortgage!

Three employees are required in the business during operational hours. If the Buyer works full-time, then payroll will reduce to $9,000 per month and Buyer's take home becomes $450,000 per year AFTER all expenses including the mortgage!

Business is only open 10 hours per day Monday thru Sunday 9 am to 7 pm!

Store Information:

Warehouse space is nearly 10,000 sq ft! Property is made up of two condos!

Limited wholesale vape competition in the area!

Strong local presence in a busy, high-traffic location!

Geographic & Demographic Details:

Average daily traffic count of 7,980 vehicles passing by the store each day!

Population is increasing year-to-year!
Less than 2 hours to Asheville, NC and Knoxville, TN!
Asking Price for Business and Property: $1.8M plus inventory! Inventory is guesstimated at $800,000 at cost. Buyer only needs to bring $600,000 as a down payment!

If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com