Turnkey Smoke & Convenience Store | $84K SDE | Inventory Included
Business Description
Excellent opportunity to acquire a fully operational smoke shop and convenience store in Portsmouth, Virginia.
The business is already open, stocked, generating revenue, and positioned for a new owner to take over operations immediately. The store offers a diversified selection of vape products, smoke accessories, glassware, beverages, snacks, and everyday convenience products, creating multiple revenue streams and repeat customer traffic.
One of the strongest features of this opportunity is its streamlined operating structure. The business maintains relatively low overhead while producing approximately $180,000 in gross revenue and $84,000 in seller's discretionary earnings.
Approximately $60,000 of inventory is included in the asking price, giving the buyer a fully stocked operation from day one without the significant additional expense normally required to launch or restock a retail store.
The store is already equipped with the infrastructure necessary to continue operations immediately, including:
Approximately $60,000 in inventory included
Established supplier relationships and purchasing systems
Glass display cases
Wall shelving and merchandising systems
Organized product displays
Existing point-of-sale and operational systems
Established Google Business presence and customer reviews
Existing lease with renewal options
Seller transition and training assistance
This is a true turnkey acquisition for a buyer looking to enter the specialty retail and convenience industry without having to build a location from scratch.
The business is already open, stocked, generating revenue, and positioned for a new owner to take over operations immediately. The store offers a diversified selection of vape products, smoke accessories, glassware, beverages, snacks, and everyday convenience products, creating multiple revenue streams and repeat customer traffic.
One of the strongest features of this opportunity is its streamlined operating structure. The business maintains relatively low overhead while producing approximately $180,000 in gross revenue and $84,000 in seller's discretionary earnings.
Approximately $60,000 of inventory is included in the asking price, giving the buyer a fully stocked operation from day one without the significant additional expense normally required to launch or restock a retail store.
The store is already equipped with the infrastructure necessary to continue operations immediately, including:
Approximately $60,000 in inventory included
Established supplier relationships and purchasing systems
Glass display cases
Wall shelving and merchandising systems
Organized product displays
Existing point-of-sale and operational systems
Established Google Business presence and customer reviews
Existing lease with renewal options
Seller transition and training assistance
This is a true turnkey acquisition for a buyer looking to enter the specialty retail and convenience industry without having to build a location from scratch.
About the Business
- Years in Operation
- 1
- Employees
- 1 Full-time
- Facilities & Assets
- The business operates from a fully built-out retail storefront in Portsmouth, Virginia.
The location includes glass display cases, shelving, wall merchandising systems, product displays, storage and the necessary retail infrastructure to continue operating immediately after closing.
Inventory is organized and the store is currently operating as an established smoke and convenience retail location.
The business operates from leased premises, providing a new owner with an established location without the capital requirements associated with purchasing commercial real estate. - Market Outlook / Competition
- The business competes within the specialty retail and convenience-store market, where customers place a strong emphasis on product availability, convenience, location and customer service.
The store differentiates itself through a broad product selection combining smoke-shop merchandise with traditional convenience products. This diversified product mix allows the business to capture both higher-margin specialty purchases and frequent convenience-store transactions.
An established local presence, existing customer reviews, extended operating availability and an already-built retail operation provide a foundation for a new owner to continue growing the business. - Opportunities for Growth
- There are several opportunities for a motivated new owner to increase revenue and improve the value of the business.
The current operation has had limited marketing, leaving considerable opportunity to increase customer awareness through Google, social media, local advertising and promotional campaigns.
Additional opportunities include:
Expanding high-demand and fast-moving product categories
Increasing inventory depth for top-selling products
Improving Google and local search visibility
Building an active social media presence
Introducing customer loyalty and rewards programs
Running targeted promotions
Increasing average transaction value through product bundles and upselling
Expanding beverage, snack and convenience offerings
Optimizing store merchandising and product placement
Adding employee coverage to allow ownership to focus more heavily on marketing and growth
Real Estate
- Owned or Leased
- Leased
- Rent
- $1,075 per month
- Lease Expiration
- 5/1/2028
About the Sale
- Seller Motivation
- The owner is relocating.
- Transition Support
- The seller is committed to providing a smooth ownership transition.
Up to two weeks of transition assistance and training will be available following closing.
Training can include:
Day-to-day store operations
Supplier relationships
Ordering and inventory management
Point-of-sale procedures
Product purchasing
Merchandising
General operating procedures
The goal is to provide the new owner with the information and relationships necessary to continue operating the business with minimal disruption.
Listing Info
- ID
- 2547843
- Listing Views
Listing ID: 2547843 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.
Saved Businesses limit reached.
Remove some Saved Businesses.
Remove some Saved Businesses.



