EXECUTIVE SUMMARY

You are purchasing the complete fixtures and the current foot traffic. Currently grossing $300,000-350,000 annually. The inventory is for sale at an additional cost. The name does not transfer with the sale. You wont find another smoke shop doing these sales for this price. The store really needs someone who can be more active in the running of the store. The current owners are too far away and have too little time to run the store properly. Store currently doest show much profit on paper due to our operational costs being too high. A lot of those costs will be reduced from day 1 making this immediately profitable. The fixtures alone cost over $60,000 new. Get a good amount of foot traffic for very little cost. This would make a great expansion if you already have a smoke shop.

Established in 2012, this high-end smoke and vape shop represents an exceptional opportunity in East Hanover, NJ's growing tobacco retail market. Operating successfully for over a decade, the business generates $350,000 in annual revenue with strong profitability margins, producing no less than $65,000 in EBITDA.

BUSINESS OVERVIEW

This well-established smoke shop operates as an absentee-run business, making it ideal for investors seeking passive income or owner-operators looking for a turnkey opportunity. The 1,400 square foot retail location maintains a strategic position in Morris County, serving an established customer base built over 12 years of consistent operation.

FINANCIAL PERFORMANCE

• Annual Revenue: $350,000
• EBITDA: $65,000
• Lean operation with only 2 employees
• Profitable business model with strong cash flow
• Inventory valued at $200,000

LOCATION & LEASE TERMS

The business operates from a 1,400 square foot leased facility in East Hanover, NJ at $3,350 per month. The established location benefits from years of customer recognition and foot traffic patterns.

GROWTH POTENTIAL

Positioned in the expanding smoke and vape industry, this business offers significant upscaling opportunities. The absentee management structure demonstrates the business's operational efficiency and systems-dependent model.

OWNER TRANSITION

The current owners are consolidating their portfolio radius, creating this opportunity for new ownership. Comprehensive training will be provided to ensure smooth transition. Fixtures, furniture, and equipment valued at $45,000 support ongoing operations.

INVESTMENT DETAILS

Asking price: $85,000

This turnkey operation offers immediate cash flow in a growing industry with an established customer base and proven track record.