Smoke Shop apartment complex

Asking Price$2,200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$80,000
Included in asking price
FF&E$100,000
Included in asking price
Real Estate$1,900,000
Included in asking price
listing imageSave

Smoke Shop apartment complex


Asking Price$2,200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$80,000
Included in asking price
FF&E$100,000
Included in asking price
Real Estate$1,900,000
Included in asking price
Business Description
Established smoke shop retail operation with exceptional real estate investment opportunity located in St. Petersburg, FL. This profitable business combines retail operations with valuable commercial real estate in a prime standalone building.

Business Overview:
Operating successfully since 2015, this smoke shop generates $400,000 in annual revenue with an established customer base. The business benefits from an excellent location and operates as an absentee-owner managed enterprise, providing flexibility for new ownership.

Real Estate Component:
The sale includes a 4,602 square foot multi-unit standalone building valued at $1,900,000. This significant real estate asset provides multiple revenue streams and substantial appreciation potential in the growing St. Petersburg market.

Financial Highlights:
- Annual Revenue: $400,000
- Established 9-year operating history
- Includes $80,000 inventory
- FF&E valued at $100,000
- Absentee owner operation demonstrates systems and processes

Location Advantages:
Situated in Pinellas County, the business benefits from St. Petersburg's robust tourism industry and growing residential population. The standalone building provides excellent visibility and accessibility for customers.

Growth Potential:
The multi-unit building structure offers opportunities for expansion, additional revenue streams, or enhanced operational efficiency. The established customer base provides a solid foundation for growth initiatives.

Owner is selling due to family considerations, creating an opportunity for a qualified buyer to acquire both a profitable retail operation and valuable commercial real estate in one transaction.

This turnkey operation offers immediate cash flow with significant real estate appreciation potential in one of Florida's most desirable markets.
About the Business
Years in Operation
11
Employees
4 Part-time
Facilities & Assets
Centrally located great area on the main road huge retail space with an office and triplex building efficiency ready to go!
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,602
About the Sale
Seller Motivation
Family
Listing Info
ID
2452938
Listing Views
126
Business Location

Contact Seller

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Business Listed by: Ted Rose

Listing ID: 2452938 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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