Profitable Smoke Shop - Miami's Premier Retail Location

This well-positioned smoke shop has quickly established itself in the competitive Miami/Coral Gables market since opening in 2024, achieving impressive annual revenue of $396,000. The business capitalizes on Miami's year-round consumer demand, benefiting from a dense residential population, active nightlife scene, and steady tourist flow.

Financial Overview:
• Annual Revenue: $396,000
• Investment: $290,000 (includes $180,000 comprehensive inventory)
• Operating Lease: $5,000/month for 1,330 sq ft retail space
• Lease Security: Terms extend through August 2028

Competitive Advantages:
• Comprehensive product inventory - largest selection in area
• Exceptional customer ratings with 4.9 Google reviews
• Strategic location in high-traffic Miami corridor
• Established customer relationships and repeat business
• Proven operational systems and processes

Immediate Revenue Enhancement:
The business currently operates Monday through Friday, presenting an untapped Saturday market opportunity. Adding weekend hours could significantly boost revenue given the location's tourist activity and local weekend traffic patterns.

Owner Support & Transition:
The seller will provide two weeks of hands-on training covering operations, supplier relationships, inventory management, and customer service protocols to ensure continuity of success.

Market Position:
Situated in the desirable Miami/Coral Gables area, this business serves a diverse customer base including local residents, working professionals, and visitors. The location benefits from consistent foot traffic and strong demographic support.

The owner's decision to sell stems from commitments to other business ventures, creating an opportunity for a dedicated operator to acquire a profitable, turnkey retail operation with established market presence and clear expansion potential.