Smoke and Vape Shop for Sale

Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$30,000
Not included in asking price
FF&ENot Disclosed

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Smoke and Vape Shop for Sale


Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$30,000
Not included in asking price
FF&ENot Disclosed

Business Description
Imagine owning a stable smoke and vape shop that's been serving the community for over three decades! This established business sits perfectly on a busy commuter highway in Brooklyn Park's rapidly redeveloping neighborhood, where you'll benefit from consistent daily traffic and growing foot traffic.

You'll love how this business has successfully adapted to industry changes. While cigarette sales have declined industry-wide, this smart operation has pivoted to capitalize on the booming vaping market. The result? A resilient business model that weathered both the pandemic and industry shifts.

Here's what makes this opportunity special: You're not just buying a smoke shop - you're getting a Maryland Lottery Super Agent location. That means steady revenue from Mega Millions, Powerball, scratch-offs, and Keno. These lottery sales create repeat customers and drive additional product purchases and provides commission income that cannot be underestimated.

The product mix is perfectly balanced for today's market: vaping products, traditional tobacco items, cigars, and convenience snacks. You'll appreciate how the owner has built strong supplier relationships and established efficient inventory systems.

Picture yourself running a business where competition has actually decreased - several tobacco retailers in the area have closed, leaving more market share for you. The location benefits from the neighborhood's ongoing redevelopment, positioning you for future growth.

The best part? This business practically runs itself. Current employees handle day-to-day operations while you focus on strategic decisions and inventory management. You'll have the freedom to be as hands-on or hands-off as you prefer. But with new hands on ownership, the business has potential to grow even more.

With three decades of community trust, established customer relationships, and a prime location, you're stepping into a proven business model. This is your chance to own a recession-resistant operation in a growing area with built-in competitive advantages.
About the Business
Employees
4 Part-time
Facilities & Assets
Facility is functionally equipped. Glass merchandising showcases, slat walls for wall displays and inventory, Lottery Equipment and monitors, drink coolers, snack racks.
Market Outlook / Competition
While the tobacco industry was very crowded, recently, some local competition have closed shop or gone out of business, leaving this business to capitalize on the situation. This business is such a staple in the neighborhood and in a conveniently located retail center.
Opportunities for Growth
The current owners have not maximized operating hours, nor have make any significant investment in the staple inventory and product expansion. Furthermore, this business has been operating with no advertising of any kind. Marketing efforts should provide positive dividends for a new owner.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,800
Rent
$3,200.00 per month
About the Sale
Seller Motivation
Retireing
Transition Support
Will provide training for 2 weeks post closing.
Financing Options
None
Listing Info
ID
2525797
Listing Views

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Business Listed by: Kwang Chul The W Group Commercial Real Estate

Listing ID: 2525797 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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