Facts and Figures
Catering to the increasingly popular vaping culture, MapleVape specializes in closed system POD devices and replacement PODS. Because these pre-filled pod systems are non-refillable, repeat customers tend to spend a significant amount buying replacement PODS once or twice a month. Orders are processed through Shopify and are packed in-house.
How does your business make money?
The business makes money by selling through the online store. The seller needs to have inventory of the product.
Orders are processed through the Shopify E-Commerce system. Packed in house and shipped through Canada Post.
Roughly 40% + profit margins on sales.
Why should someone buy this business?
The industry is booming right now. It is a rare opportunity as we have the rights for the product for online selling in Canada. So nobody else can sell this product online.
How can the future owner improve this business?
The business is growing through word of mouth now and also some help with advertisement. Advertisement is tricky as it is a nicotine based product but we have a system we use to regularly get in new clients through social media.
Will disclose every strategy to the buyer.
Why are you selling this business?I have another business that i want to dedicate my time and efforts to.
- Brand and Community Loyalty
- High Barrier of Entry to Market
- Lots of Repeat Customers
- Strong Recuring Revenue
Opportunities for a new owner
- Start Selling into New Markets
- Capitalise on the Emerging Market
- Advance or Explore Retail / Distribution Partnerships
Key day-to-day operations
- Customer Support / Service
- Managing Inventory
- Order Fulfilment
- Email Marketing
- Facebook Advertising
- Brand assets
- Contracts (written or verbal) with customers and suppliers
- Customer databases
- Hosting accounts
- Inventory on hand or on order at the time of closing
- Marketing materials and collateral
- Social media accounts
- Website files, source code and content
- e-Commerce platform accounts
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
An entrepreneur at heart. Always looking in to creating new business and revenue sources. A digital marking expert working with all channels digital. An old Flippa member since it was created.