Profitable & High-Margin Smoke Shop - Turnkey Operation with Inventory
Business Description
This well-established and highly profitable smoke shop is a fantastic turnkey opportunity for an owner-operator or an investor. Located at a prime area in Brevard County, the business has built a strong reputation and a loyal customer base.
Financial Highlights:
• 2024 Gross Revenue: $516,000
• 2024 Net Sales: $480,000
• Owner's SDE (Seller's Discretionary Earnings): $240,000
The business demonstrates excellent profitability with COGS. The owner's SDE is exceptionally strong, reflecting a healthy and well-managed operation.
Transaction Details:
• Asking Price: $299,000
• Cash Flow (SDE): $240,000
• Business Type: Retail/Smoke Shop
• Hours of Operation:
• Weekdays: 13 hrs
• Weekends: 12 hrs
This is an ideal opportunity for an entrepreneur looking to step into a highly profitable, well-established, and easy-to-run business with immediate cash flow. All financials are documented and will be provided to serious, qualified buyers. Confidentiality is required. Contact us today for more information.
Financial Highlights:
• 2024 Gross Revenue: $516,000
• 2024 Net Sales: $480,000
• Owner's SDE (Seller's Discretionary Earnings): $240,000
The business demonstrates excellent profitability with COGS. The owner's SDE is exceptionally strong, reflecting a healthy and well-managed operation.
Transaction Details:
• Asking Price: $299,000
• Cash Flow (SDE): $240,000
• Business Type: Retail/Smoke Shop
• Hours of Operation:
• Weekdays: 13 hrs
• Weekends: 12 hrs
This is an ideal opportunity for an entrepreneur looking to step into a highly profitable, well-established, and easy-to-run business with immediate cash flow. All financials are documented and will be provided to serious, qualified buyers. Confidentiality is required. Contact us today for more information.
About the Business
- Years in Operation
- 2
- Facilities & Assets
- The asking price of $299,000 includes all assets and an estimated $100,000 worth of inventory at wholesale price. The business occupies a spacious ~2400 sq. ft. facility with a reasonable rent of $1,270 per month (including water and garbage). The sale is a true turnkey opportunity and includes all store fixtures, displays, counters, and other equipment necessary for immediate operation.
- Market Outlook / Competition
- The business enjoys a strong position in the local market with no direct competition nearby. The business sells premium products and has a 5-star out of 300+ Google review rating, highlighting its strong brand reputation and customer satisfaction. The landlord is friendly and the current lease has four years remaining, providing a stable foundation for the new owner. The business primarily sells cigars, vapes, kratom, gummies, and D8 catering to a diverse and growing market.
- Opportunities for Growth
- This business is well-positioned for significant growth and expansion. Here are several opportunities for a new owner to increase revenue and profitability:
• Expand Product Offerings
• Enhance Online Presence
• Marketing and Promotions
• Optimize Operational Hours
• Community Engagement:
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $1,270.00 per month
About the Sale
- Transition Support
- The current owner is committed to ensuring a smooth transition. They will provide comprehensive training for a period of one year, with an option to extend for another year. This support will cover all aspects of the business, including operations, supplier relationships, inventory management, and customer service.
Listing Info
- ID
- 2417663
- Listing Views
- 4
Listing ID: 2417663 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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