Smoke Shop in High Foot Traffic Location
Business Description
Established Smoke Shop for Sale in Prime Isla Verde Tourist Location
This profitable smoke shop presents an exceptional opportunity in one of Puerto Rico's most sought-after tourist destinations. Strategically positioned in front of hotels in Isla Verde, this business capitalizes on consistent high foot traffic from both tourists and locals.
Financial Performance:
- Annual Revenue: $480,899
- Cash Flow (SDE): $278,921
- Strong profit margins demonstrating efficient operations
- 8 years of established goodwill, significantly exceeding industry standards
- Consistent revenue history since establishment in 2017
Business Operations:
- Turnkey operation with experienced management team in place
- Absentee owner model - minimal owner involvement required
- 5 dedicated employees ensuring smooth daily operations
- 1,100 sq ft retail space optimally designed for product display
- Affordable lease at $1,450/month in premium location
Assets Included:
- $185,000 in fixtures, furniture, and equipment, permits
- $30,000 inventory included in asking price
- Established supplier relationships and operational systems
Growth Potential:
- Prime tourist location offers expansion opportunities
- Current owner identifies potential to double income through enhanced marketing
- Opportunity to leverage synergies with nearby restaurant businesses
- Untapped potential in digital marketing and tourist outreach
Owner Selling Due to Retirement:
- Clean transition with no training period required
- Seller financing available to qualified buyers
- Open to reasonable offers and flexible terms
This is an ideal acquisition for investors seeking a profitable, established business in Puerto Rico's thriving tourism market. The combination of prime location, strong financials, and absentee ownership model makes this an attractive investment opportunity.
Asking Price: $250,000
This profitable smoke shop presents an exceptional opportunity in one of Puerto Rico's most sought-after tourist destinations. Strategically positioned in front of hotels in Isla Verde, this business capitalizes on consistent high foot traffic from both tourists and locals.
Financial Performance:
- Annual Revenue: $480,899
- Cash Flow (SDE): $278,921
- Strong profit margins demonstrating efficient operations
- 8 years of established goodwill, significantly exceeding industry standards
- Consistent revenue history since establishment in 2017
Business Operations:
- Turnkey operation with experienced management team in place
- Absentee owner model - minimal owner involvement required
- 5 dedicated employees ensuring smooth daily operations
- 1,100 sq ft retail space optimally designed for product display
- Affordable lease at $1,450/month in premium location
Assets Included:
- $185,000 in fixtures, furniture, and equipment, permits
- $30,000 inventory included in asking price
- Established supplier relationships and operational systems
Growth Potential:
- Prime tourist location offers expansion opportunities
- Current owner identifies potential to double income through enhanced marketing
- Opportunity to leverage synergies with nearby restaurant businesses
- Untapped potential in digital marketing and tourist outreach
Owner Selling Due to Retirement:
- Clean transition with no training period required
- Seller financing available to qualified buyers
- Open to reasonable offers and flexible terms
This is an ideal acquisition for investors seeking a profitable, established business in Puerto Rico's thriving tourism market. The combination of prime location, strong financials, and absentee ownership model makes this an attractive investment opportunity.
Asking Price: $250,000
About the Business
- Years in Operation
- 8
- Employees
- 3 (3 Full-time)
3 - Facilities & Assets
- Fully Equipped for Smoke Shop / Lounge or Restaurant Business in Prime Location with highest foot traffic in Puerto Rico. Includes assets like A/C, Complete Bar, Showcases, Kitchen Equipment, Cameras, lots of Inventory and much More. Located in front of hotels, bars, pubs and restaurants this business is perfectly positioned to make cash flow as it has done for 8 years in a row. Enjoy cash flow at an excellent price for its location. Financials Available for Serious Buyers Only. Schedule a Showing +1 (787) 402-7168
- Website
- https://cloudslifestyle.com/
- Market Outlook / Competition
- Out performs most competitors, 8 years goodwill is above industry standard of 1-2 years.
- Opportunities for Growth
- With more marketing and leveraging the restaurant business this place could make double its income.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,100
- Rent
- $1,450.00 per month
About the Sale
- Seller Motivation
- Owner Retirement
- Transition Support
- Absentee Owner, no transition needed.
- Financing Options
- Open to Offers
Listing Info
- ID
- 2388778
- Listing Views
- 1443
Business Location
Listing ID: 2388778 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.
Similar Listings
