Multi-Channel Supplier of High-End Electronic Cigarette & Vaporizer Products
Southwest U.S.
Consumer Durables
Client Code: BN000033421
Revenue (TTM): $223,075,713
EBITDA (TTM): $47,386,231
The business is a commercial designer, engineer, and multi-channel distributor 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
- Globally recognized brands with 2022 revenue of $138.5 million and adjusted EBITDA of $29.2 million
- Highly scalable business and an expert in the e-cigarette, vapor, and cannabis industries proven by a distinguished reputation amongst industry peers, customers, and manufacturers
- Extremely versatile product designs allow agile product adaptation to market trends and evolving regulations
- Award winning customer service with extensive staff knowledge in brand development and awareness
- Industry leading marketing and operational strategies in place including multi-channel distribution
- All portfolio products are filed for PMTAs as of 2022 and all PMTAs from 2021 are published in the FDA product filing report
- Business owned trademarks and patents
- Robust ERP system in place through Microsoft Dynamics Business Central
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
- Add additional sales talent and add field teams nationwide
- Invest in internal personnel dedicated to sales growth, brand management, SEO, and biz development in the cannabis market
- Offer contract terms to additional large wholesale customers
Headquartered
- Phoenix, Arizona
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, third-party distributors, and retailers. The business serves the global nicotine vapor and cannabis industries.
Real Estate
- The business operates from three neighboring facilities totaling 53,521 square-feet, all leased from unrelated third parties in Phoenix, Arizona. The leases are assumable by new ownership.