Flippa
FOR SALE

MapleVape

Business Model
e-Commerce
Industry
Lifestyle

$50,000

Asking Price
Running Business Selling A Closed System POD Vape. Only For Someone Running From Canada.
This business owner has manually entered their financials

Facts and Figures

Location
Canada
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$144,000
Annual Expenses
$120,000
Annual Net Profit
$24,000
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

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.

Business Strengths

  • 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

Marketing

  • Email Marketing
  • Facebook Advertising

Inventory

Units
-
Value
-

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • 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

Social Media

Facebook
150 followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Private Seller

Abubakr Latif

Canada

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.

Contact Seller