Established Smoke Shop - Koreatown, Los Angeles

Prime retail opportunity in the heart of Koreatown featuring an upscale smoke shop located within a busy shopping mall. This profitable business has been successfully operating since 2018, generating strong annual revenue of $700,000.

Business Overview:
• Annual Revenue: $700,000
• Established: 2018 (6+ years of operation)
• Location: Shopping mall in Koreatown, Los Angeles
• Size: 1,215 square feet
• Franchise operation with proven business model

Financial Details:
• Asking Price: $350,000
• Monthly Lease: $6,800
• Lease Term: Through July 5, 2028
• FF&E Value: $25,000
• Inventory: $65,000 (included in asking price)

Key Advantages:
• High-traffic mall location in densely populated Koreatown
• Established customer base and revenue history
• Upscale positioning in growing market segment
• Franchise support and proven operational systems
• Strong cash flow with revenue-to-asking price ratio of 2:1
• Secure lease through 2028 providing operational stability

The business benefits from its strategic location within a shopping mall, ensuring consistent foot traffic and visibility. Koreatown is one of Los Angeles' most vibrant commercial districts with high population density and strong consumer spending patterns.

Reason for Sale: Owner relocating to different state, creating opportunity for new ownership of this profitable, well-positioned retail business.

This turnkey operation offers an excellent opportunity for an entrepreneur seeking an established business with strong financials in a prime Los Angeles location. The combination of mall positioning, franchise support, and proven revenue performance makes this an attractive investment opportunity in the specialty retail sector.