$1.42M Revenue Smoke Shop & Vape Chain – 3 Locations – Connecticut
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$1.42M Revenue Smoke Shop & Vape Chain – 3 Locations – Connecticut
HS Listing ID-72215
Asking Price: $1,200,000 (25% Seller Finance Available)
Business Overview
• Established in 2015
• Three-location smoke, vape, and tobacco retail chain
• Strong brand with 17,000+ loyalty members and 700+ online reviews (4.9–5.0★)
• Fully compliant operation with all revenue reported on tax returns
• Protected operating footprint due to municipal restrictions on new smoke/vape retailers
• Inventory of approximately $285K–$300K included in asking price
• Owner-light business with experienced managers running daily operations
• Full chain available, or one location available separately as an asset sale
Business Highlights
• 2025 Revenue: ~$1.42M
• 2025 Net Income: ~$228K
• Inventory (~$300K) included in asking price
• Less than 1 hour/week owner involvement
• Approximately 12–13 W-2 employees across three locations
• Passed 2024 Connecticut vape tax audit with clean compliance history
• Seller financing available for qualified buyers
• Significant upside through payroll optimization, marketing, and third location growth
Overview
• Business Type: Multi-Location Smoke, Vape & Tobacco Retail Chain
• Locations: 3
• Ownership: Absentee / Owner-Light
• POS System: Clover
• Loyalty Program: 17,000+ active members
Operations
• Store manager at each location handling daily operations
• Regional management system and SOPs in place
• Daily POS reconciliation and inventory controls
• Fully licensed and compliant with Connecticut tobacco and vape regulations
• Owners available for transition support
Lease Information
• All three locations operate under leased facilities
• Inventory included in the purchase price
• Licenses and established operating footprint transfer with the business (subject to regulatory approval)
Growth Opportunities
• Increase sales at the newer location
• Optimize payroll and operating expenses
• Expand customer engagement through loyalty program and digital marketing
• Increase vendor purchasing efficiencies
• Benefit from limited future competition due to municipal zoning restrictions
Reason for Sale
• Owners are pursuing cannabis manufacturing/wholesale and other business ventures.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Asking Price: $1,200,000 (25% Seller Finance Available)
Business Overview
• Established in 2015
• Three-location smoke, vape, and tobacco retail chain
• Strong brand with 17,000+ loyalty members and 700+ online reviews (4.9–5.0★)
• Fully compliant operation with all revenue reported on tax returns
• Protected operating footprint due to municipal restrictions on new smoke/vape retailers
• Inventory of approximately $285K–$300K included in asking price
• Owner-light business with experienced managers running daily operations
• Full chain available, or one location available separately as an asset sale
Business Highlights
• 2025 Revenue: ~$1.42M
• 2025 Net Income: ~$228K
• Inventory (~$300K) included in asking price
• Less than 1 hour/week owner involvement
• Approximately 12–13 W-2 employees across three locations
• Passed 2024 Connecticut vape tax audit with clean compliance history
• Seller financing available for qualified buyers
• Significant upside through payroll optimization, marketing, and third location growth
Overview
• Business Type: Multi-Location Smoke, Vape & Tobacco Retail Chain
• Locations: 3
• Ownership: Absentee / Owner-Light
• POS System: Clover
• Loyalty Program: 17,000+ active members
Operations
• Store manager at each location handling daily operations
• Regional management system and SOPs in place
• Daily POS reconciliation and inventory controls
• Fully licensed and compliant with Connecticut tobacco and vape regulations
• Owners available for transition support
Lease Information
• All three locations operate under leased facilities
• Inventory included in the purchase price
• Licenses and established operating footprint transfer with the business (subject to regulatory approval)
Growth Opportunities
• Increase sales at the newer location
• Optimize payroll and operating expenses
• Expand customer engagement through loyalty program and digital marketing
• Increase vendor purchasing efficiencies
• Benefit from limited future competition due to municipal zoning restrictions
Reason for Sale
• Owners are pursuing cannabis manufacturing/wholesale and other business ventures.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
- Financing Options
- (25% Seller Finance Available)
Listing Info
- ID
- 2533162
- Listing Views
- 9
Listing ID: 2533162 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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