CO- Wholesale Distributor And Retailer Of Vape Accessories For Sale

This business is a leading wholesale distributor specializing in vaping hardware, supplies, and accessories. Their extensive product line includes an FDA-registered e-liquid brand. While their primary focus is on wholesale distribution, they additionally operate a retail storefront to serve individual customers. Founded in 2009, Steep Slope Vape Supply is more than just a vape and smoke shop; they are a community of like-minded individuals dedicated to providing the best in the industry. With years of experience and a deep love for what they do, their team is committed to bringing their latest customers the latest and greatest products, from premium e-liquids and the latest devices to innovative accessories and glassware. At Steep Slope Vape Supply, they pride themselves on their extensive product selection and their dedication to quality. They source their products from trusted manufacturers and are always on the lookout for the latest trends and innovations. Their goal is to ensure that the customer has access to top-notch products that meet their customers' needs and exceed their expectations. Their retail shop offers a welcoming environment where their customers' can explore their wide range of products, receive expert advice, and enjoy a friendly atmosphere. For their wholesale clients, they offer competitive pricing, flexible ordering options, and personalized support to help them succeed in their business. Customer satisfaction is at the heart of everything they do. They believe in building long-lasting relationships with their customers and partners by providing exceptional service, reliable products, and a genuine passion for the vaping and smoking community. Their knowledgeable staff is always there to assist their customers, whether they're looking for the perfect vape setup, need advice on new products, or just want to chat about the latest trends. The facility is 1200 sq ft with 600 sq ft of warehouse and 600 sq ft of retail space.

Total Sales: $747,482

Cash Flow: $30,000

Furniture, Fixtures, Equipment (FFE): $25,000

Inventory: $65,000

Inventory Included: No

Year Established: 2009

Employees: 3

Monthly Rent: $2,000

Square Footage: 1200

Facilities Information:

•Structure: The building is a center unit in a triplex, made of brick/block, with a secure front door and high windows. 1200 sq ft-600 sq ft retail, 600 sq ft warehouse.
•Security: Located across from the police department, equipped with cameras and alarms.
•Location: On a busy retail street, near a shopping center with a Walmart, and gets significant foot and drive-by traffic.
•Accessibility: Centrally located in Denver, with easy access to major highways I-70 and I-25.

Reason For Sale:

Physical restraints have made it time to retire.

Training & Support:

The current owners are willing to stay for a period of time to train the new owner. They are willing to commit to one to three months of training. They will also be available for questions as long as they might be needed.

Owner Qualifications:

A new owner doesn't need any special qualifications or license. A MED (Marijuana Enforcement Division) badge is very helpful in sales to dispensaries. It's $100 /2 yrs & a background check.

Competition:

There are a multitude of companies that are our competition in one way or another. There is no other company in Denver that does both wholesale & retail on the scale we do. We are small on the retail side but we have a fairly large share of the Colorado hardware & accessories market with the dispensaries. Our biggest direct competition is LuvBuds.

Potential Growth:

This turnkey business is unique because no one has the same extensive product line available for delivery with no minimum order or delivery charge. This team provides excellent customer service and super-fast, same week delivery. Their products provide a reliable 100% profit margin for all customers who operate in a very competitive market. More and more states are legalizing cannabis. Currently only selling in CO; the business could be expanded to other states. There is so much opportunity in the cannabis industry as well as with the headshop/smokeshop retailers.