Peyton Johnson
Dumas, TX (USA)
Role(s):
Founder/Owner/Principal
Vega Vapes
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Startup
Location:
Dumas
Industry:
Retail/Clothing
Year Founded:
2017
Number Employees:
50-100 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
We’re looking for 10 Million dollars for 25% equity in the acquired business. There is 10 locations of the 10 locations 8 of them grossed a total of 10 million last year! 2 locations are new with promising entry’s and in total all locations will gross 12 million this year! With 3.5 million net last year and alittle over 4 projected net this year! This year this is already an established business so there’s tremendously less risk involved! And we’re looking to continue expanding this brand across the country! This is a Vape and smoke shop chain located in Florida which would gross you 1 million a year as is! We plan on rapid expansion which could make you 2-3 million a year after just a couple of years!
25% equity is 1 million a year without any change to the business!