Q: What documents should I ask for when buying an online vape store?
Ask for tax returns, sales reports, supplier agreements, proof of age verification, and a detailed inventory list. Also request any compliance documentation like FDA registration if applicable.
Q: How can I tell if an online vape store has genuine traffic?
Look at sales reports and tax records rather than traffic numbers. You can also ask for a live dashboard view or third-party analytics access. If the seller refuses, that's a red flag.
Q: What are common red flags when buying an online vape store?
Common red flags include inflated traffic numbers, vague inventory lists, missing tax records, and a lack of age verification logs. Also be wary of sellers who rush you to close quickly.
Q: Do I need to re-verify age checks when buying an online vape store?
Yes, you may need to ensure the age verification system is compliant with your state's laws. Ask about the current process and whether it can be transferred or needs updating.
