Convenience Store & Smoke Shop

Not Disclosed, IA

Asking Price: Annual Revenue:
$459,000 $1,027,410

Retail: Florists, Gifts, Cards, Books

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RE: Convenience Store & Smoke Shop Broker: Michael Rooney

Quick Facts

Asking Price: $459,000
Annual Revenue: $1,027,410
Net Profit: Not Disclosed
Cash Flow: $110,729
Total Debt: Not Disclosed
FF&E: $30,981
Real Estate: Not Disclosed
Year Established: 2007
Employees: 10
BBN Listing #: 72384955
Broker Reference #: 5003-15485

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Business Overview:

The Convenience Store/Smoke Shop is located in Eastern Iowa in a high traffic downtown location. The store offers snacks, candy, cigarettes and beer along with a complete line of vaping products. Liquor is available with approval from the city. It serves the needs of apartment buildings and the local business in the area with convenience type foods cigarettes, beer and drinks. The store is also premier destination for glass pipes, water pipes, hookahs, as well as dry herb vaporizers and concentrate pens.

Also carrying all major brands of cigarettes along with Roll your own Tobacco, Hookahs, Shisha, E-Cigarettes, Vape Mods and Tanks, Vape Juices, Pod System Vaporizers & accessories, Dokha, Hemp Oil, Kratom, Cigars and much much more.

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Property Features and Assets:

Located in a high traffic area in a downtown location. Assets=$245,381

Market Competition and Expansion:

The business is the leader in the field. There are some limited stores offering similar items in the area but don't offer the selection of products. Business is poised for growth with the addition of new food and snack offerings. The vaping/smoke shop is in a position to grow as the legalization of marijuana is introduced to the state.

Reason for Selling:

Seller has other business ventures.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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