Profitable Vape Shop and Italian Grocery Store with Passive Ownership

ASKING PRICE:
$500,000

LOCATION: Toronto

LISTING DETAILS:

LISTING ID: 3713

TYPE OF SALE: Established Business

MLS CODE:

RELOCATABLE: No

INDUSTRY: Retail

REASON FOR SALE:

TRAINING & SUPPORT:

ABSENTEE OWNER:

DESCRIPTION:

This is a unique opportunity to acquire a turnkey retail business comprising a well-established vape shop and a specialty Italian grocery store, both operating with minimal owner involvement. Located in a high-traffic urban area, these businesses benefit from a prime location that attracts a diverse clientele.
The vape shop offers a wide range of products, including e-cigarettes, e-liquids, and accessories, catering to both seasoned enthusiasts and newcomers. With a strong online presence and a loyal customer base, the shop has established itself as a trusted destination for vaping products.

Adjacent to the vape shop, the Italian grocery store provides an array of authentic Italian products, from fresh produce to specialty items, serving the local community with quality offerings. The store's reputation for quality and service has fostered a dedicated customer following.

Both businesses operate efficiently, with streamlined processes and minimal daily oversight required. This presents an excellent opportunity for investors seeking a profitable, absentee-owned retail operation in a desirable location.

Ideal for entrepreneurs looking to enter the retail sector with established businesses, this opportunity offers a solid foundation for continued success and growth.

Thanks, and have a great day! Listing ID:3713

COMPANY INFORMATION:

FINANCIAL INFORMATION:

GROSS REVENUE: $808,876

SDE: $145,794

EBITDA: N/A

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DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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