Smoke Shop - Great Location - Low Rent!

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$59,900 $72,000

Retail: Non-classifiable


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RE: Smoke Shop - Great Location - Low Rent! Broker: Agent On Duty
License #: 01995716

Quick Facts

Asking Price: $59,900
Annual Revenue: $72,000
Net Profit: Not Disclosed
Cash Flow: $30,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 664855232
Broker Reference #: 4570 JR

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Business Overview:

This is a great looking smoke shop that has been established for 6 years, located in a densely populated community providing good foot traffic to the smoke shop.

The business displays pride of ownership, and is situated in a neighborhood shopping center on a major thoroughfare which has high traffic.

A couple of tenants in the center draw good traffic for the smoke shop especially a taqueria next door that stays open until 1 AM.

This is a great opportunity for a hands-on energized owner operator in search of a turn-key operation, a new owner should able to increase annual revenue with some basic creative marketing current owner has never done any advertising or creative marketing, also increasing the glass inventory and providing customers with a larger and unique selection.

The shops glass sales items is 80% of total sales, sells bongs, water pipes, hand pipes, dab rigs, bangers, bowls m/f, grinders kits, torches and products.

The shop has many established customers who frequent the business on the weekly and monthly basis.

Some monthly expenses: rent $1,350, electricity $100, phone $50, insurance $100. Extra income from ATM $35 monthly. Candy & Gum Machines $25 every 2 months. GP 70%

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Reason for Selling:

Other Business Interests.

Additional Details:

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

Documents:

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