High-End Smoke Shop

Los Angeles, CA

Asking Price: Annual Revenue:
$90,000 $261,636

Retail: Non-classifiable

Request More Information
Contact the Seller

RE: High-End Smoke Shop Broker: Arthur Williams
Owner Financing is Available!
Yes, available for qualified buyers

Quick Facts

Asking Price: $90,000
Annual Revenue: $261,636
Net Profit: Not Disclosed
Cash Flow: $169,109
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 2
BBN Listing #: 48729613
Broker Reference #: FKN-715

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

A smoking and consumables storefront business is available for sale in California. Established as a retail avenue for an online shop, the store offers a wide range of smoking products and accessories such as traditional smoking products, vaping supplies, e-cigarettes, bongs, and much more.

This independent shop in an energetic community near Long Beach, California has experienced tremendous revenue growth since being established, growing from just over $65,000 in 2015 to well over $260,000 in gross sales in 2018. They respond to the evolving needs and interests of their customers, sourcing an immense range of smoking products and accessories from around the world for lifestyle and medicinal purposes.

Currently located in a busy shopping center, the business employs two part-time employees, along with part-time hours put in by the owner, and operates on standard retail hours. This cash-based business offers flexibility to a new owner in terms of location and time spent hands-on in the business. The retail shop could be relocated without heavily affecting the business and the sales price includes $30,000 of equipment.
This business offers straightforward entry into the industry with low licensing requirements needed such as a Tobacco Retail License, though experience in retail and purchasing would be useful. Improvement and growth potential exists and includes evaluating and changing the mix of stock to focus on higher-moving inventory, focusing on more consumables with higher profit margins, and identifying new advertising markets.

There are huge market opportunities opening up in the US and around the world, so this is a chance to purchase an established store which is ready to adapt and grow with the evolving smoking products market.

This is an established business. This is neither a new franchise nor a start-up opportunity.

***Please look for an email titled "Morgan & Westfield –“High-End Smoke Shop” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!