Vape Shop For Sale
Business Description
ESTABLISHED VAPE SHOP - PRIME LEXINGTON LOCATION
This well-established smoke shop presents an exceptional opportunity in Lexington, Kentucky's high-traffic corridor. Operating successfully since 2021, the business has built a solid foundation with $110,000 in annual revenue and a diverse customer base.
LOCATION ADVANTAGES:
- Strategic position on Waller Avenue with 20,000 daily vehicle count
- Excellent visibility across from Saint Joseph Hospital
- Adjacent to two major hotel chains: Candlewood Suites and Tru by Hilton
- Prime location attracts UK university students, healthcare workers, and hotel guests
BUSINESS OVERVIEW:
- Established in 2021 with proven track record
- Annual revenue: $110,000
- Current inventory valued at $35,000
- 1,100 square feet of retail space
- Currently operated by absentee ownership model
LEASE TERMS:
- Monthly rent: $1,450
- Lease expires November 1, 2032
- Provides long-term operational security
GROWTH POTENTIAL:
The business shows significant upside potential with optimized hours and inventory management. The high-traffic location combined with proximity to major institutions creates multiple revenue streams from healthcare workers, students, business travelers, and local residents.
The owner is selling due to family circumstances following the original owner's passing. This turnkey operation offers an ideal entry point into the growing vape retail market with an established customer base and proven location.
Asking Price: $65,000
This represents a compelling opportunity for an owner-operator to maximize the potential of this well-positioned business in one of Lexington's most trafficked commercial corridors.
This well-established smoke shop presents an exceptional opportunity in Lexington, Kentucky's high-traffic corridor. Operating successfully since 2021, the business has built a solid foundation with $110,000 in annual revenue and a diverse customer base.
LOCATION ADVANTAGES:
- Strategic position on Waller Avenue with 20,000 daily vehicle count
- Excellent visibility across from Saint Joseph Hospital
- Adjacent to two major hotel chains: Candlewood Suites and Tru by Hilton
- Prime location attracts UK university students, healthcare workers, and hotel guests
BUSINESS OVERVIEW:
- Established in 2021 with proven track record
- Annual revenue: $110,000
- Current inventory valued at $35,000
- 1,100 square feet of retail space
- Currently operated by absentee ownership model
LEASE TERMS:
- Monthly rent: $1,450
- Lease expires November 1, 2032
- Provides long-term operational security
GROWTH POTENTIAL:
The business shows significant upside potential with optimized hours and inventory management. The high-traffic location combined with proximity to major institutions creates multiple revenue streams from healthcare workers, students, business travelers, and local residents.
The owner is selling due to family circumstances following the original owner's passing. This turnkey operation offers an ideal entry point into the growing vape retail market with an established customer base and proven location.
Asking Price: $65,000
This represents a compelling opportunity for an owner-operator to maximize the potential of this well-positioned business in one of Lexington's most trafficked commercial corridors.
About the Business
- Years in Operation
- 4
- Facilities & Assets
- fixtures, computer, cameras, furniture, everything is included in the price
- Market Outlook / Competition
- prime location, the majority of customers are students from UK university, nurses, and hotel guests
- Opportunities for Growth
- Well-established smoke shop for sale in Lexington, Kentucky, right across from Saint Joseph Hospital and 2 big hotel chains, Candlewood Suites and Tru by Hilton
With the right hours and inventory, sales can boom drastically
located on Waller Ave, 20k cars pass every day, excellent visibility
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,100
- Rent
- $1,450.00 per month
- Lease Expiration
- 11/1/2032
About the Sale
- Seller Motivation
- owner passed away currently run by a relative
Listing Info
- ID
- 2438802
- Listing Views
- 27
Listing ID: 2438802 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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