Smoke Shop, High Volume, Monthly Net $15K

This well-established smoke shop offers a fantastic opportunity for entrepreneurs looking to own a profitable retail business in a bustling, high-traffic area. The store boasts a spacious 1,000 sq. ft. layout and is fully equipped to cater to a loyal customer base.

With average monthly gross sales of approximately $60,000 and a reasonable rent of $5,300, this business maintains strong profit margins. The lease is secure, with a 7-year term including options, providing stability for the new owner.

The shop operates seven days a week from 9:00 AM to 11:00 PM, managed by two full-time employees at a combined wage expense of about $5,000 per month. The current owner has successfully operated the business since 2022 and is now selling due to family reasons.

This is an excellent opportunity to acquire a turnkey business in a thriving market. Perfect for an owner-operator or investor seeking a steady income stream.

Down Payment: $299,000

Total Sales: $720,000

Cash Flow: $180,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: $160,000

Inventory Included: No

Year Established: 2022

Days & Hours of Operation: 7 DAYS 9AM TO 11PM

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 2

Absentee Owner: No

Lease Option: 5 Years Option

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $5,240

Type of Location: Strip Center

Square Footage: 1000

Relocatable: No

Reason For Sale:

Family