High Traffic Smoke Shop in Downtown Raleigh
Business Description
A highly profitable and established smoke and vape retail business is available in the Raleigh area.
This business has built a strong reputation with a loyal customer base and consistent foot traffic. It operates in a high demand market segment, offering a curated selection of smoke shop products that appeal to both new and repeat customers. The store is known for its quality inventory, knowledgeable staff, and streamlined operations.
Financially, the business is performing exceptionally well, with projected gross revenue of approximately $1.2 million annually. The current owner enjoys an estimated take home income of $300,000, reflecting healthy margins and efficient cost management.
Turnkey opportunity ideal for an owner operator or an investor looking to step into a cash flowing business with proven performance. Growth potential exists through expanded product lines, marketing initiatives, and extended hours.
Serious inquiries only. Please complete and return the confidential buyer profile form attached. An NDA will then be sent to you upon buyer profile approval. A signed NDA is required prior to releasing further details, including the exact location and financial documentation.
This business has built a strong reputation with a loyal customer base and consistent foot traffic. It operates in a high demand market segment, offering a curated selection of smoke shop products that appeal to both new and repeat customers. The store is known for its quality inventory, knowledgeable staff, and streamlined operations.
Financially, the business is performing exceptionally well, with projected gross revenue of approximately $1.2 million annually. The current owner enjoys an estimated take home income of $300,000, reflecting healthy margins and efficient cost management.
Turnkey opportunity ideal for an owner operator or an investor looking to step into a cash flowing business with proven performance. Growth potential exists through expanded product lines, marketing initiatives, and extended hours.
Serious inquiries only. Please complete and return the confidential buyer profile form attached. An NDA will then be sent to you upon buyer profile approval. A signed NDA is required prior to releasing further details, including the exact location and financial documentation.
About the Business
- Years in Operation
- 11
- Employees
- 4 (1 Full-time, 3 Part-time)
- Facilities & Assets
- loyalty program has extensive list of members that can be used for targeted promotions.
- Market Outlook / Competition
- Prime location with growing clientele every year.
- Opportunities for Growth
- increasing opening hours. using the loyalty program feature for promotions.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,650
- Rent
- $3,383.00 per month
About the Sale
- Seller Motivation
- relocating and focusing on another business.
- Transition Support
- will train new owner.
Listing Info
- ID
- 2499679
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2499679 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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