E-cigarette vending machine business plus Smoke Shop van

Austin, TX
Asking Price:$210,000
Inventory:$20,000
Established Year:2022
Gross Revenue:$420,000
FF&E:$65,000
BUSINESS DESCRIPTION

make this your main gig or hire and part time it

14 machines up and running with 2 more about to be installed. One mobile smoke shop (A van that is a store) that is doing around 10-15k a month. machines in busy season (September to May) do around 25-35k/month. Slow Season (June-August) around 20-25k The van requires somebody 4 days a week. thursday-sunday. The machines are super easy and require just two days a week.

Company sales last year was 210k profiting 23%
This YTD machines have done 220k (two new machines installing in next two weeks)
The van has done 16k (one and half months open)
Extrapolating value over time for value expected average of 50-60k profit/yr for van
the company had a 115k sell in January profiting 55k
Van profit margin are around 34% (Inlcuding labor)
Machine Profit margin are around 23-30%. (I'm the labor)
YTD company has revenued about 350k with three months left in the year
expected income for the following months is around 35-44k/month equating to 105-132k expected revenue in the following three months.
totaling around 445-480k for annual revenue for 2024 for the company.


DETAILED INFORMATION
Location
Austin, TX
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Have great marketing information and sales material available. not the only competitor but definitely the highest earning.
Growth & Expansion
(pro)Growth is endless, it only stops when you do. (Con) Expansion can be capital intensive.
Support & Training
Will stay on two weeks after sale to support in transition. Will be available for phone calls regarding help. You will be given my contacts.
Reason for Selling
I started this business to pay for flight school, its time to get back to that.
Home-Based
This business is Home-Based
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Erik Kjellander
Erik Kjellander