Profitable Smoke Shop for Sale – Turnkey Retail Business + Inventory
Business Description
Established Smoke Shop - Turnkey Opportunity in Haddam, CT
This profitable smoke and vape shop represents an excellent turnkey investment opportunity in Connecticut's growing tobacco retail market. Established in 2014, this business has built a solid foundation with 10 years of continuous operation and a loyal customer base.
Business Overview:
Located in a busy retail plaza in Haddam, CT, this 1,000 square foot shop benefits from high visibility and foot traffic. The business generates $125,000 in annual revenue with strong cash flow operations, demonstrating consistent performance in the competitive retail tobacco market.
Key Financial Details:
• Annual Revenue: $125,000
• Asking Price: $60,000 (0.48x revenue multiple)
• Monthly Lease: $2,000
• Lease Term: Expires October 1, 2030 (6+ years remaining)
• Fixtures & Equipment: $5,000 value
• Inventory: $35,000 (included in purchase price)
Turnkey Operation:
This is a fully operational business ready for immediate transition. The sale includes all existing inventory valued at $35,000, all fixtures and equipment, and transfer of lease rights. The new owner can begin generating revenue from day one without additional setup costs or operational delays.
Location Advantages:
Situated in a high-traffic retail plaza, the shop benefits from excellent visibility and convenient customer access. The established location has proven successful for tobacco retail operations over the past decade.
Growth Potential:
With the expanding vape and alternative tobacco product market, there are opportunities to diversify product offerings and capture additional market share. The established customer base provides a strong foundation for growth initiatives.
This represents an attractive entry point into the tobacco retail industry with immediate cash flow generation and proven business model.
This profitable smoke and vape shop represents an excellent turnkey investment opportunity in Connecticut's growing tobacco retail market. Established in 2014, this business has built a solid foundation with 10 years of continuous operation and a loyal customer base.
Business Overview:
Located in a busy retail plaza in Haddam, CT, this 1,000 square foot shop benefits from high visibility and foot traffic. The business generates $125,000 in annual revenue with strong cash flow operations, demonstrating consistent performance in the competitive retail tobacco market.
Key Financial Details:
• Annual Revenue: $125,000
• Asking Price: $60,000 (0.48x revenue multiple)
• Monthly Lease: $2,000
• Lease Term: Expires October 1, 2030 (6+ years remaining)
• Fixtures & Equipment: $5,000 value
• Inventory: $35,000 (included in purchase price)
Turnkey Operation:
This is a fully operational business ready for immediate transition. The sale includes all existing inventory valued at $35,000, all fixtures and equipment, and transfer of lease rights. The new owner can begin generating revenue from day one without additional setup costs or operational delays.
Location Advantages:
Situated in a high-traffic retail plaza, the shop benefits from excellent visibility and convenient customer access. The established location has proven successful for tobacco retail operations over the past decade.
Growth Potential:
With the expanding vape and alternative tobacco product market, there are opportunities to diversify product offerings and capture additional market share. The established customer base provides a strong foundation for growth initiatives.
This represents an attractive entry point into the tobacco retail industry with immediate cash flow generation and proven business model.
About the Business
- Years in Operation
- 11
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $2,000.00 per month
- Lease Expiration
- 10/1/2030
Listing Info
- ID
- 2437996
- Listing Views
- 138
Business Location
Listing ID: 2437996 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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