Price: $199,000
Location: Los Angeles
Industry: Smoke Shops
Listing ID: 5754 JH
Opportunity to acquire an established smoke shop in Los Angeles’s Koreatown with consistent sales, an established customer base, and experienced employees. The business operates with minimal owner involvement and reports average monthly net profit of approximately $12,000.
The approximately 1,000-square-foot location offers a remaining lease term of approximately nine years, including renewal options. A hands-on owner may have opportunities to expand sales and further improve operations.
Business Highlights:
* Asking Price: $199,000 — cash only
* Inventory: Approximately $20,000 at cost, sold separately
* Annual Gross Sales: Approximately $480,000
* Monthly Gross Sales: Approximately $40,000
* Reported Monthly Net Profit: Approximately $12,000
* Monthly Rent: $5,000, including NNN charges
* Premises: Approximately 1,000 square feet
* Remaining Lease Term: Approximately nine years, including options
* Operations: Fully staffed with minimal owner involvement
An attractive opportunity for a cash buyer seeking an established retail business with steady customer traffic and an experienced team.
All financial figures and operating information are seller-provided and subject to buyer verification during due diligence. Lease terms and renewal options are subject to review and landlord approval, as applicable.
OFFICE ID 5754 JH
Down Payment: $199,000
Total Sales: $480,000
Cash Flow: $144,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: $20,000
Inventory Included: No
Year Established: 2025
Year of last Acquisition: 2
Days & Hours of Operation: 7 Days. 9am to 12 am
Owner Hours Per Week: Absentee
Non-Owner Payroll: $107,000
Employees: 3
Absentee Owner: Yes
Security on Lease: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $5,000
Type of Location: Retail Center
Square Footage: 1000
Franchise: No


