Long-standing, iconic smoke shop and head shop ser

Austin, TX
Travis County

Asking Price: Annual Revenue:
$1,695,000 $1,649,270

Retail: Non-classifiable

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RE: Long-standing, iconic smoke shop and head shop ser Broker: Van Moody
Owner Financing is Available!

Quick Facts

Asking Price: $1,695,000
Annual Revenue: $1,649,270
Net Profit: Not Disclosed
Cash Flow: $162,259
Total Debt: Not Disclosed
FF&E: $590,502
Real Estate: Not Disclosed
Year Established: 1968
Employees: 24
BBN Listing #: 143360213
Broker Reference #: #31169

Email or Print Listing

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Business Overview:

Iconic Brand with CBD Potential

This iconic head shop is poised for exponential growth and opportunity. A new owner could foster sales growth by implementing additional advertising and marketing and launching online sales. There is huge growth in the industry on the horizon with the possible legalization of cannabis. This is a prime opportunity to take this legendary brand to the next level.

The business owns the trademark and copyrights to a brand that was established in the 1960’s and is still thriving and known throughout the country and industry today. The company's strengths include excellent vendor relationships, highly experienced product purchasing, knowledgeable staff that is focused on the customer experience, low prices, multigenerational clientele and extensive longevity of the business and brand. These factors have led to an outstanding reputation and a very loyal customer base.

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Additional Details:

  • The property is owned.
  • 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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