Profitable, Fully Staffed Smoke Shop – Koreatown, Los Angeles

Price: $199,000

Location: Los Angeles

Industry: Smoke Shops

Listing ID: 5754 JH

Description

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

LISTING DETAILS

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

Operation

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

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $5,000

Type of Location: Retail Center

Square Footage: 1000

Franchise: No

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER