The company began downsizing back in August as it sold its 30 stores to MadVapes, another retail chain that is based in North Carolina. This move was not enough to save its business and Xu shuttered even more stores before making the decision to close Avail Vapor’s doors for good. The company is split into three different business units: Avail Vapor, LLC, which includes its retail business; Blackbriar Regulatory Services, LLC, which includes its contract manufacturing, laboratory services and FDA compliance consulting; and Blackship Technologies, LLC, which includes its research and development business. Xu has said that there’s currently a pending deal to sell Blackbriar that is expected to close soon.
Avail’s website has been taken down after the company released a statement revealing that it would be ceasing all vape retail operations, both in-store and online. Avail e-liquids will continue to be available at select online and in-store retailers for the time being. Though Avail Vapor is ceasing operations, Xu has indicated that he will continue to work within the vaping industry in some capacity.
