The Vape Trader LLC

thevapetrader.com

Business Model

Marketplace

Industry

Lifestyle

$40,000

Asking Price

Multiple 4.6x

+ $5,000 Inventory

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Leading Vape product Classified Advertising platform since 2013, with direct buying/selling integration.

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Facts and Figures

Location

United States

Date of Founding

2013

Full-Time Staff

Owner Operated

Annual Revenue

$13,280

Annual Expenses

$4,600

Annual Net Profit

$8,680

Evidence of Revenue

View Revenue

Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Financials

Month	May 2019	June 2019	July 2019
Revenue	$900	$829	$987
Expenses	$300	$250	$300
Net Profit	$600	$579	$687

Traffic

Month	June 2019	July 2019	August 2019
Pageviews	50,706	52,015	28,127
Users	7,472	7,890	4,088

Note: Traffic data was provided on 16 August 2019. Enquire for more recent data.

Business Description

Our platform allows users to advertise their new and used vape equipment or sell/consign directly to us.

How does your business make money?

Ad listing fees, banner ads/sponsored advertising, direct product selling, franchise fees.

Why should someone buy this business?

This business offers tremendous potential for the right developer or company, particularly for those within the Vaping niche. ~30k registered users & 20,000+ ads posted - with millions of visitors in the 5+ years of operation. When the appropriate amount of time was dedicated to the business (2016-17) it peaked at 1,500 unique a day and $2,000 /mo revenue. Since then then has been neglected with only bare minimum maintenance and as such experienced traffic and revenue decline. However, it still remains the leader in it's niche without any SEO or paid advertising ever completed. Established social fronts (Facebook, Twitter, IG, Pinterest and YT) along with fully owned UK franchise and independently owned South African and Italy Franchises in place. There are many options to take this business to the next level, particularly the potential to integrate an auction format. Also included in the sell is ~$5,000 worth of inventory aquired via our direct buying program.

Why are you selling this business?

A year and half ago I took a full-time job that I could not pass up on. At the time I believed I could keep up with this business and keep it growing. However due to the challenges of a new job and family, I have only been able to dedicate a few hours a week to bare minimum maintenance of the business. In addition, I have a new business venture I am involved in that I would like to focus on and see to fruition. Rather then keeping this on the back burner, I would prefer to find a new owner to take this project over and give it the time it deserves.