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- RE: Tobacco, Smoke $ Vape Shop
- Contact: Armen Nazarian
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $1,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 3 | |
BBN Listing #: | 173052001 | |
Broker Reference #: | 0515 |
Business Overview:
This is a great opportunity to own an established, high volume and profitable Smoke, Tobacco & Vape Shop in Suburban Wayne County. Established in 2011, this 4,800 square feet free standing store is located on a major busy road surrounded by plenty of residential and commercial properties. Completely remodeled in 2020 with all new Custom Fixtures, LED Lighting, Flooring, Walk-In Humidor, Signage and more. High-end POS system with 2 stations and over 5,000 customers in database. Plenty of space to add Lounge, Beer/Wine, Gaming, Lottery or other ideas. Specializing in CBD, Kratom, HHC, Glass, Vapes, Mushrooms, RYO, Cigars, Tobacco, E-Cigarettes, Apparel, Smoking Accessories, Supplies, Packaging, Novelties, Equipment and so much more. Current owner does not advertise...a new owner/operator with some creative advertising/marketing along with creating an online store presence, expanding additional product lines, opening additional locations, increasing hours of operation and/or opening on Sundays will have HUGE potential to grow the already solid numbers. Great frontage and extra signage on a very busy main road. Absentee owner is reason for selling. A must see/have business that will not last long! Owner is offering seller financing and training. Seller is entertaining all reasonable offers. Contact Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com
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Property Features and Assets:
This is a great opportunity to own an established, high volume and profitable Smoke, Tobacco & Vape Shop in Suburban Wayne County. Established in 2011, this 4,800 square feet free standing store is located on a major busy road surrounded by plenty of residential and commercial properties. Completely remodeled in 2020 with all new Custom Fixtures, LED Lighting, Flooring, Walk-In Humidor, Signage and more. High-end POS system with 2 stations and over 5,000 customers in database.
Market Competition and Expansion:
Current owner does not advertise...a new owner/operator with some creative advertising/marketing along with creating an online store presence, expanding additional product lines, opening additional locations, increasing hours of operation and/or opening on Sundays will have HUGE potential to grow the already solid numbers.
Reason for Selling:
Absentee Owner / Other Business Interest.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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