For Sale

Cloud Chasing Profits – High-Turnover Vape & Vaporiser Retailer

Smethwick, West Midlands

• Asking Price: £249,999 +SAV
• Turnover:

  We are advised that the business generates:
  
  

  • Annual turnover of approximately £500,000
  • Net profit in the region of £50,000

  Stock is valued at circa £6,000 and is included within the sale.
  
  

• Tenure: Leasehold

• Overview
• Location
• Premises

Please quote reference B09363



CoGoGo is delighted to bring to the market a well-established vaporiser and vape retail business operating under the

Magix Technology, operating under the trading name Gadget Cloudz, is a rapidly growing UK-based multi-channel retail and e-commerce business specialising in vaping products, consumer electronics, mobile accessories, and gaming goods.

Launched in November 2024, the business has already achieved £432,516.08 in revenue in the last 12 months, with consistent month-on-month growth and strong foundations for significant expansion.



Core Strength: High-Value eBay Operation

The business’ primary revenue driver is its established and approved store on eBay, selling vaping products within a restricted category that requires special authorisation. Only a limited number of sellers are permitted to operate in this space, creating substantial barriers to entry and making this account a highly valuable commercial asset.



• Average profit margin on eBay sales: ~10%
• Products currently sourced via wholesalers/distributors
• Significant opportunity to increase margins through direct distribution or manufacturing relationships

For vape wholesalers or distributors, acquiring this business offers an immediate opportunity to dramatically increase profitability by supplying stock directly and capturing both wholesale and retail margin layers.



Scalable E-Commerce Infrastructure

Alongside eBay, the company operates its own e-commerce platform:
www.gadgetcloudz.com

The website includes:



• Thousands of fully built product listings
• Detailed descriptions and SEO optimisation
• Structured product catalogue ready for scaling
• Integrated systems, automation tools, and API-ready architecture

A key feature is the built-in wholesale application system, allowing trade customers to:



• Apply for wholesale accounts directly through the website
• Receive login access to dedicated wholesale pricing
• Place bulk orders through an already automated structure

This makes the business particularly attractive to vape wholesalers and distributors seeking a ready-to-deploy online expansion channel without the time and cost of building infrastructure from scratch.



Strategic Opportunity for Wholesalers & Distributors

This acquisition is particularly suited to vaping wholesalers, distributors, or manufacturers looking to expand into direct-to-consumer and online retail channels.

Key advantages include:



• Immediate access to an authorised eBay account in a restricted category
• Existing 10% average margin with strong potential for significant increase via direct supply
• Fully operational website with wholesale portal and automation systems
• Ready-to-scale structure without development delays
• Physical UK base with logistics and retail capability
• Brand with established identity and growth trajectory

The infrastructure, approvals, and systems already in place represent a turnkey digital distribution network capable of scaling into multi-million-pound turnover with the right supply chain integration and strategic expansion.



Vision

Magix Technology (Gadget Cloudz) was created to be more than just a shop — a relaxed, engaging space where customers can explore their passions for vaping, tech, and gaming. Today, it stands as a fully operational and scalable commercial platform ready for the next stage of growth under the right ownership.



The business operates from a leasehold retail unit, positioned to benefit from passing trade and established local demand. Further location details are available upon request.



The company also operates from a retail and logistics location on Bearwood Road in Birmingham (Smethwick), used for:



• Order fulfilment and stock handling
• Walk-in retail sales
• Brand presence and local customer base

The premises also present an additional untapped opportunity to develop a device repair and service centre (phones, electronics, vaping devices), creating an additional revenue stream.



The unit is well-presented and fitted for efficient operations, supporting both retail and storage. There is additional potential to introduce services such as device repairs, creating an extra revenue stream.