Established award winning and profitable smoke shop
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ESTABLISHED AND PROFITABLE SMOKE SHOP - ST. PETERSBURG, FL
This exceptional smoke shop opportunity offers investors a chance to acquire a highly successful retail operation in St. Petersburg's thriving market. Established in 2022, this business has quickly built a strong reputation and loyal following in the competitive tobacco and hemp products industry.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $230,000
• Seller's Discretionary Earnings: $281,000
• Demonstrates strong profitability and cash generation
• Consistent financial performance with established customer base
BUSINESS STRENGTHS:
• Comprehensive inventory of nicotine and hemp products
• Extensive kratom product selection
• Complete glassware line including water pipes, grinders, hand pipes, and dab accessories
• Specialty beverage offerings including THC and kratom drinks
• Current inventory management ensuring product freshness and market relevance
• Dedicated customer base providing stable recurring revenue
PRIME LOCATION ADVANTAGES:
• Strategic position in high-traffic corridor
• Just 10 minutes from downtown St. Petersburg
• Easy access to beach communities
• 1,000 square feet of well-utilized retail space
• Favorable lease terms extending through April 2027
INCLUDED ASSETS:
• $35,000 current inventory (included in purchase price)
• $25,000 fixtures, furniture, and equipment
• Two commercial beverage coolers
• Complete turnkey operation ready for immediate transition
EXPANSION POTENTIAL:
• City zoning permits wine and liquor sales addition
• Significant revenue growth opportunity through alcohol licensing
• Established customer base ready to support expanded offerings
• Growing market demand for alternative wellness products
The current owner is relocating for personal reasons, creating this opportunity for a qualified buyer. One week of comprehensive training ensures smooth ownership transition and operational continuity.
Asking Price: $135,000
Location: St. Petersburg, FL (Pinellas County)
Industry: Specialty Retail - Smoke Shop
This exceptional smoke shop opportunity offers investors a chance to acquire a highly successful retail operation in St. Petersburg's thriving market. Established in 2022, this business has quickly built a strong reputation and loyal following in the competitive tobacco and hemp products industry.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $230,000
• Seller's Discretionary Earnings: $281,000
• Demonstrates strong profitability and cash generation
• Consistent financial performance with established customer base
BUSINESS STRENGTHS:
• Comprehensive inventory of nicotine and hemp products
• Extensive kratom product selection
• Complete glassware line including water pipes, grinders, hand pipes, and dab accessories
• Specialty beverage offerings including THC and kratom drinks
• Current inventory management ensuring product freshness and market relevance
• Dedicated customer base providing stable recurring revenue
PRIME LOCATION ADVANTAGES:
• Strategic position in high-traffic corridor
• Just 10 minutes from downtown St. Petersburg
• Easy access to beach communities
• 1,000 square feet of well-utilized retail space
• Favorable lease terms extending through April 2027
INCLUDED ASSETS:
• $35,000 current inventory (included in purchase price)
• $25,000 fixtures, furniture, and equipment
• Two commercial beverage coolers
• Complete turnkey operation ready for immediate transition
EXPANSION POTENTIAL:
• City zoning permits wine and liquor sales addition
• Significant revenue growth opportunity through alcohol licensing
• Established customer base ready to support expanded offerings
• Growing market demand for alternative wellness products
The current owner is relocating for personal reasons, creating this opportunity for a qualified buyer. One week of comprehensive training ensures smooth ownership transition and operational continuity.
Asking Price: $135,000
Location: St. Petersburg, FL (Pinellas County)
Industry: Specialty Retail - Smoke Shop
About the Business
- Years in Operation
- 4
- Employees
- 1 Part-time
Employee can work full time - Facilities & Assets
- Nicotine, hemp, cbd all up to date inventory with showcases, slate walls, glass with hangers. Two drinks coolers with exotic pop sodas, kratom and thc seltzer and other drinks. We do have some adult novelties which is also included.
- Market Outlook / Competition
- High traffic area, 10 mins drive from downtown and the beaches.
- Opportunities for Growth
- Wine and liquor can be added to generate more sales, city zoning laws allows the sale of alcohol.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Lease Expiration
- 4/11/2027
About the Sale
- Seller Motivation
- Personal and eventually relocate.
- Transition Support
- One week
- Financing Options
- New lease and low rent and two coolers for drinks included in the inventory
Listing Info
- ID
- 2361863
- Listing Views
Listing ID: 2361863 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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