Smoke Shop, High Vol, Monthly Net $15k Avg.
Not Disclosed, CA Los Angeles County
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- RE: Smoke Shop, High Vol, Monthly Net $15k Avg.
- Contact: Jonathan Hwang
- License #: 1995716
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $720,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $180,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 2 | |
| BBN Listing #: | 994763 | |
| Broker Reference #: | 5621 JH |
Business Overview:
This well-established smoke shop offers a fantastic opportunity for entrepreneurs looking to own a profitable retail business in a bustling, high-traffic area. The store boasts a spacious 1,000 sq. ft. layout and is fully equipped to cater to a loyal customer base.
With average monthly gross sales of approximately $60,000 and a reasonable rent of $5,300, this business maintains strong profit margins. The lease is secure, with a 7-year term including options, providing stability for the new owner.
The shop operates seven days a week from 9:00 AM to 11:00 PM, managed by two full-time employees at a combined wage expense of about $5,000 per month. The current owner has successfully operated the business since 2022 and is now selling due to family reasons.
This is an excellent opportunity to acquire a turnkey business in a thriving market. Perfect for an owner-operator or investor seeking a steady income stream. >>
Contact the Seller:
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Reason for Selling:
Family. Kindly ask the seller for more information.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
Documents:
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