Budget Business Brokers:

An excellent opportunity to acquire a portfolio of four established and profitable smoke shops located along the Mississippi Gulf Coast, strategically spread across approximately a 60-mile radius.

The westernmost location is approximately 18 miles from the Louisiana state line, providing convenient access to customers throughout the Gulf Coast region.

All four stores were established in 2013 and have been successfully operated by the current ownership since then. The businesses have established customer bases, operating systems, supplier relationships, and a broad selection of products.

Strong Revenue with Significant SDE Upside

The four stores generated approximately $2.4 million in combined sales in 2023, with approximately $144,000 of EBITDA.

One of the most compelling aspects of this opportunity is the potential for a new owner to substantially improve cash flow through more active owner participation.

None of the current owners work at the stores. The businesses currently incur approximately $330,000 annually in salaries and wages.

A new owner and family who are willing and able to operate most of the locations could potentially reduce these expenses significantly. If salaries and wages were reduced by approximately 50%, the resulting SDE could exceed $300,000 annually, subject to the buyer's operating structure and actual expenses.

This creates a potentially attractive opportunity for an owner-operator or family-operated business model.

Product Selection

The stores offer a diverse selection of products, including:

Cigarettes
Beer and seltzers
Loose tobacco
Tubes and rolling papers
Cigarillos
Vape supplies, including mods, coils, and e-juice
Disposable vape products
THC-A and Delta products
Hookahs and hookah tobacco
Incense and candles
Glass pipes
Tobacco pipes
Water pipes
And other related tobacco, smoking, and convenience products
Portfolio Highlights
Four established locations offered as one package
All stores established in 2013
Approximately $2.4 million in combined 2023 sales
Approximately $144,000 in combined EBITDA
Approximately $330,000 in annual salaries and wages
Current owners do not work at the stores
Significant potential for an owner-operator/family to improve cash flow by reducing labor expenses
Approximately $300,000 of inventory, to be purchased by the buyer at cost
Established customer bases and supplier relationships
Locations strategically spread along the Mississippi Gulf Coast
Westernmost store approximately 18 miles from Louisiana
Approximately 60 miles from the westernmost to easternmost location
Seller Financing

Seller financing may be considered for a qualified buyer presenting a reasonable offer, subject to mutually acceptable terms and the seller's approval of the buyer's qualifications.

An Attractive Owner-Operator Opportunity

This portfolio is particularly attractive for a buyer who can be actively involved in the operation of the stores.

Because the current owners are not working in the stores and the businesses carry substantial salary and wage expenses, a hands-on buyer and family may have a meaningful opportunity to increase owner cash flow through more efficient staffing and direct management.

The combination of four established locations, approximately $2.4 million in annual sales, an established customer base, significant inventory, and potential labor-cost savings makes this a compelling acquisition opportunity for the right buyer.