Smoke Shops For Sale
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Rare opportunity to acquire a highly profitable two-location smoke and vape retail portfolio in Waukegan, Illinois.
Combined annual revenue exceeds $1.5 million, Both locations are fully operational, strategically positioned in high-traffic retail corridors, and serve a strong, repeat customer base.
The businesses are turnkey, professionally set up, and equipped with established vendor relationships, POS systems, and trained staff. Strong margins and consistent cash flow make this an attractive opportunity for both owner-operators and investors.
Priced at approximately 1.5x earnings, this offering presents significant value compared to typical industry multiples.
Combined annual revenue exceeds $1.5 million, Both locations are fully operational, strategically positioned in high-traffic retail corridors, and serve a strong, repeat customer base.
The businesses are turnkey, professionally set up, and equipped with established vendor relationships, POS systems, and trained staff. Strong margins and consistent cash flow make this an attractive opportunity for both owner-operators and investors.
Priced at approximately 1.5x earnings, this offering presents significant value compared to typical industry multiples.
About the Business
- Facilities & Assets
- Two Smoke Shops fully operational retail locations situated in high-traffic commercial areas with strong visibility and convenient parking.
Both stores are fully built out and equipped with shelving, display fixtures, sales counters, POS systems, security cameras, alarm systems, and backroom storage.
Leases are in place at competitive rates. All furniture, fixtures, and equipment (FF&E) are included in the sale. Inventory is additional.
Turnkey operation requiring no major upgrades. - Market Outlook / Competition
- The businesses operate in established retail corridors within Waukegan, serving a loyal and repeat customer base. The smoke and vape industry continues to show steady demand driven by consistent consumer traffic and repeat purchases.
Both locations benefit from strong visibility and accessibility, positioning them well within the local market. While there is typical retail competition in the area, these stores maintain competitive pricing, product variety, and customer service, supporting stable and consistent sales performance. - Opportunities for Growth
- Significant growth opportunities exist through expanded product lines, loyalty programs, and enhanced social media presence.
An owner-operator can further improve margins through hands-on management and cost control. Additional upside may be achieved by extending operating hours, optimizing inventory mix, and introducing online sales or delivery services.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Seller is relocating out of state and is unable to continue overseeing the opera
- Transition Support
- Seller will provide training and transition support to ensure a smooth handoff. This includes operational procedures, supplier introductions, POS system training, and guidance on day-to-day management.
A reasonable training period will be provided at no additional cost to the buyer.
Listing Info
- ID
- 2476704
- Listing Views
- 19
Listing ID: 2476704 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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