Hey guys as some have you read my thread earlier this year i started a brick and mortar E-cig store to try and take advantage of the growing opportunity..
the store is not doing bad.. lots of competition but we did about 24k in gross sales last month with about 13k of that profit..then 3500 in rent and electricity and another 2k in labor im putting a good 6-8 in my pocket every month..
WELL during that time my buddy started a e-juice company that basically makes the juices for the ecigs called high voltage (hes juices have caffeine in them so they give you a kick hense high voltage juice). he actually started that about a year ago and they are in about 120 vape stores now across the country.. him and hes 3 partners are pulling in about 40k a month in re-orders and new orders.. my store alone orders about 1k a month of juice from him so theoretically he could be getting sales of 100k a month but im not sure as i didnt pry to much. just guess work.
long story shorter i started an ejuice brand as well and with my marketing skills we really came up with a great name called WALKING DEAD VAPORS and we have a whole zombie theme and have a legit almost 2k followers on instagram.. these are all vapors and store owners. not fake bot shit..
im having a graphic novel zombie story written for it that comes out in chapters on our website. poeple have loved the story so far. we are shooting a 5 minute zombie movie teaser on a great movie type camera and and it looks awesome. we have zombie posters and the vape community is eating this shit up.. for example we shoot a scene with a zombie for 3 seconds teaser then go " ZOMBIE BLOOD JUICE " and post that shit on isntagram and people eat it up.. within a few hours we have bunch of likes and comments.. our instagram isnt even a few weeks old and has almost approx 2k real followers
Here where its gets great.. the bottles cost us about 1.50 to make and we whole sale them to stores for about 6 dollars.. the profit margins are HUGE. Just to give you guys an idea.. pip a girl in texas started a juice company called suicide bunny.. this girl is raking a 1 million a month in PROFIT.. we have sold 1500 bottles in just 3 weeks.. and have bunch of stores calling me as word is getting out about our juice.. we basically had to stop new sales as we cant fulfill orders.
The question is the store is taking a lot of my time plus i still do a little internet marketing for the clients i still have. i own 100 percent of both the store and juice but iv been thinking about taking on a investor so i can hire people to do the work for the juice company thats needed.
should i do this? iv already done all the hard work right now its just lifting off and i hope to be in a 100 stores by the end of the year if not more.
is it worth it for me to give a percentage of something thats almost already profitable and hasnt even been a month yet on my 10k investment.. i dont want to but at the same time im so overwhelmed. iv had 3-4 days off since dec of 2013. im not exaggerating here.. iv actually gotten physically sick the past week. its just a flu but i feel exausted.
any advice would be appreciated.
the store is not doing bad.. lots of competition but we did about 24k in gross sales last month with about 13k of that profit..then 3500 in rent and electricity and another 2k in labor im putting a good 6-8 in my pocket every month..
WELL during that time my buddy started a e-juice company that basically makes the juices for the ecigs called high voltage (hes juices have caffeine in them so they give you a kick hense high voltage juice). he actually started that about a year ago and they are in about 120 vape stores now across the country.. him and hes 3 partners are pulling in about 40k a month in re-orders and new orders.. my store alone orders about 1k a month of juice from him so theoretically he could be getting sales of 100k a month but im not sure as i didnt pry to much. just guess work.
long story shorter i started an ejuice brand as well and with my marketing skills we really came up with a great name called WALKING DEAD VAPORS and we have a whole zombie theme and have a legit almost 2k followers on instagram.. these are all vapors and store owners. not fake bot shit..
im having a graphic novel zombie story written for it that comes out in chapters on our website. poeple have loved the story so far. we are shooting a 5 minute zombie movie teaser on a great movie type camera and and it looks awesome. we have zombie posters and the vape community is eating this shit up.. for example we shoot a scene with a zombie for 3 seconds teaser then go " ZOMBIE BLOOD JUICE " and post that shit on isntagram and people eat it up.. within a few hours we have bunch of likes and comments.. our instagram isnt even a few weeks old and has almost approx 2k real followers
Here where its gets great.. the bottles cost us about 1.50 to make and we whole sale them to stores for about 6 dollars.. the profit margins are HUGE. Just to give you guys an idea.. pip a girl in texas started a juice company called suicide bunny.. this girl is raking a 1 million a month in PROFIT.. we have sold 1500 bottles in just 3 weeks.. and have bunch of stores calling me as word is getting out about our juice.. we basically had to stop new sales as we cant fulfill orders.
The question is the store is taking a lot of my time plus i still do a little internet marketing for the clients i still have. i own 100 percent of both the store and juice but iv been thinking about taking on a investor so i can hire people to do the work for the juice company thats needed.
should i do this? iv already done all the hard work right now its just lifting off and i hope to be in a 100 stores by the end of the year if not more.
is it worth it for me to give a percentage of something thats almost already profitable and hasnt even been a month yet on my 10k investment.. i dont want to but at the same time im so overwhelmed. iv had 3-4 days off since dec of 2013. im not exaggerating here.. iv actually gotten physically sick the past week. its just a flu but i feel exausted.
any advice would be appreciated.