HS Listing ID-71686

This is an opportunity to acquire a turnkey smoke shop located in the highly desirable Fort Lee, New Jersey market. Established in 2024, the business has built a loyal customer base and generates approximately $335,000 in annualized sales with estimated annual net income of approximately $60,000.

The store offers a diversified product mix including tobacco products, vape products, CBD, kratom, glassware, smoke accessories, and convenience merchandise. Average merchandise margins are approximately 50%, creating strong cash flow potential for an owner operator.

This is a fully operational, turnkey business with approximately $50,000 in inventory and $40,000 in fixtures, displays, POS systems, equipment, and buildout included in the sale. The current ownership operates the business on a semi absentee basis while living out of state, creating significant upside for a local owner who can actively manage and grow operations.

Additional growth opportunities include:

• Expanding vape, CBD, and kratom inventory
• Adding hookah and specialty smoke products
• Implementing delivery and online ordering
• Extending operating hours
• Introducing lottery, beverages, snacks, and other convenience items
• Expanding into multiple locations using the current store as a proven operating model

The business benefits from a favorable lease structure with rent of approximately $4,928 per month, including CAM, property taxes, heating, and water. Approximately three years remain on the current lease with a five year renewal option available.

This opportunity is ideal for an owner operator, smoke shop entrepreneur, or investor seeking an established retail business with immediate cash flow and substantial upside potential in one of Northern New Jersey’s most densely populated markets. Financial documentation is available to qualified buyers upon execution of an NDA.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION