Multi-Channel Supplier of High-End Electronic Cigarette & Vaporizer Products

Southwest US
Consumer, Food & Retail
Client Code: BN000033421
Revenue (YTD): $9,496,825
EBITDA (YTD): $3,493,027

The business is a commercial designer, engineer, and multi-channel supplier of premium electronic cigarette and vaporizer products. The business is a B2B and B2C supplier, offering products through various channels at retail and wholesale value.

Key Aspects

Key Aspects

· YE 2020 revenue of over $20.3 million

· Globally recognized brands

· Highly scalable business is considered an expert in the e-cigarette, vapor, and cannabis industries proven by its distinguished reputation among industry peers, customers, and manufacturers

· Extremely versatile product designs that allow agility to adapt products to market trend and regulation changes specific to vapor and cannabis product distribution

· Award winning customer service with extensive staff knowledge in brand development and brand awareness

· Industry leading marketing and operational strategies in place including multi-channel distribution

· All products in portfolio are filed as PMTAs as of Q2 2021 and published in the FDA product filing report

· Company owned trademarks and patents

· Robust ERP system in place

Opportunities

Opportunities

· Capitalize on penetration of convenience store distributor market as new target customers

· Expand product offerings and increase revenue by focusing on the development of additional products in the cannabis industry

· Bring on additional sales talent and add field teams nationwide

· Invest in internal personnel dedicated to brand management, SEO, and BD in the cannabis market

· Offer contract terms to additional wholesale customers

Headquartered

Headquartered

· Phoenix, Arizona

Current Markets

Current Markets

· The business is both a direct-to-consumer online retailer and a wholesale supplier, offering products through a variety of channels including e-commerce and third-party distributors and retailers. The business serves the nicotine vapor and cannabis industries globally.

Real Estate

Real Estate

· The business operates from a 12,000 square-foot facility leased from an unrelated third party in Phoenix, Arizona. The facility includes a 7,000 square-foot office space and a 5,000 square-foot warehouse. The lease is assumable by new ownership.