Reputable Vaping Store and E-commerce Business For Sale
- Asking Price: £59,999 +SAV
We are advised the business generated an average turnover of circa £190,000 as of 2020/21/22, further financial information can be made available upon request.
Please quote reference B06956
- Tenure: Leasehold
Please quote reference B06956
Hilton Smythe are pleased to have been given the opportunity to manage the sale of The Vapor Room which is a well-established Vaping Shop with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
The Vapor Room was founded by the two current owners approximately 9 years ago when they identified a gap in the market. The business has been a real labour of love and has flourished since opening accruing many regular customers along with a great reputation for customer care and service, a great range of products and competitive pricing.
This great little business is now being sold, albeit reluctantly and with heavy hearts only due to the vendors wishes to pursue a change of direction, they are keen to see their beloved Vaping Shop pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
The Vapor Room prides itself on its friendly, professional and personal service. The company aim has always been to help smokers make the switch to the much healthier alternative of e-cigarettes and Vaping. The business listens to its customers and offers tailored advice and ongoing support. The business has products to cater for all Vaping needs and only stocks genuine and authentic products from world leading manufacturers Including Aspire, Geekvape, Uwell, Voodoo, Riot Squad, Doozy Vape and many more.
The well-stocked shop sells an unrivalled range of products including;
- Kits including starter, intermediate and advanced
- Batteries, built in and external
- Replacement Glass
- Chargers and cables
- Drip Tips
“Good selection of products and friendly service”
“Extremely knowledgeable staff and very helpful, best vape shop around”
“The people who run this shop really know their stuff”
Currently 85% of sales come from the retail shop with the remaining 15% coming from online sales.
Scope to Improve
- Advertising and marketing campaign
- Invest in SEO to drive customers to the e-commerce website
- Extend the opening hours
- Introduce a loyalty card/scheme
- A well established business with an enviable reputation and many existing customers
- All fixtures and fittings included making this a real Turnkey business opportunity
- Current owners happy to offer a handover to ensure the continued success
- Ideal owner managed or partnership business
- Perfect bolt on to an existing Vaping business
- Prime trading position in the centre of town with loads of footfall
Very rarely do Vaping businesses of this calibre come to the open market so early enquiry is highly recommended.
The business is owner run and managed with the help of 3 part time members of staff.
The trading hours are:
Monday - 09:00am - 17:30pm
Tuesday to Friday - 10:00am - 17:30pm
Saturday - 09:00am - 16:30pm
Sunday - 11:00am - 16:00pm
The Vapor Room is located in Preston.
Preston is a city in Lancashire with a population of 420,661.
Retail is a major contributor to Preston’s economy. The city’s main high streets are Fishergate ( where the business is located) and Friargate which offer shops, bars and restaurants with many more tucked away down the side streets. Preston is also home to the historic Covered Market and Fish market. Market vendors sell fresh and local quality meat, fish, vegetables and dairy products, hot and cold food to eat in or take any as well as brewed ales and artisan coffee. The markets are open Monday to Saturday.
Preston is close to the M6 motorway and other motorways terminating close to the city are the M61, the M65 and the M55.
Preston Railway Station is a major stop on the West Coast Main Line between London and Scotland. It also provides for local services around Preston as well as regional services to the Fylde Coast, Cumbria and the Lake District and various towns and cities in Lancashire, Merseyside and Yorkshire.
The Vapor Room occupies a prominent position in the main shopping area and sits alongside other complimentary retail businesses thus benefitting from high levels of footfall and passing trade along with regular custom.
The business is beautifully presented and maintained with clear visible signage and distinctive livery. There are three inexpensive public car parks within easy walking distance and the business is close to the railway station.
The business occupies generous ground floor premises that are ideally suited to the trade and that have been recently redecorated at considerable cost to the vendors. The premises include a bright and well stocked shop along with a stock room, kitchenette and WC.
We are adviised the business is being sold on a Leasehold basis with 2 years remaining on the Lease, the rent is £18,000 which is reasonable given the size and location of the premises.