Profitable, Fully Staffed Smoke Shop–LA Koreatown
Los Angeles, CA Los Angeles County
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- RE: Profitable, Fully Staffed Smoke Shop–LA Koreatown
- Contact: Jonathan Hwang
- License #: 1995716
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | $480,000 | |
| Net Profit: | $144,000 | |
| Cash Flow: | $144,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2025 | |
| Employees: | 3 | |
| BBN Listing #: | 1019249 | |
| Broker Reference #: | 5754 JH |
Business Overview:
Opportunity to acquire an established smoke shop in Los Angeles’s Koreatown with consistent sales, an established customer base, and experienced employees. The business operates with minimal owner involvement and reports average monthly net profit of approximately $12,000.
The approximately 1,000-square-foot location has about nine years remaining on the lease, including renewal options. A hands-on owner may have opportunities to expand sales and further improve operations.
Business Highlights:
* Asking Price: $199,000 — cash only
* Inventory: Approximately $20,000 at cost, sold separately
* Annual Gross Sales: Approximately $480,000
* Monthly Gross Sales: Approximately $40,000
* Reported Monthly Net Profit: Approximately $12,000
* Monthly Rent: $5,000, including NNN charges
* Premises: Approximately 1,000 square feet
* Remaining Lease Term: Approximately nine years, including options
* Operations: Fully staffed with minimal owner involvement
An attractive opportunity for a cash buyer seeking an established retail business with steady customer traffic and an experienced team.
All financial figures and operating information are seller-provided and subject to buyer verification during due diligence. Lease terms and renewal options are subject to review and landlord approval, as applicable.
OFFICE ID 5754 JH
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Reason for Selling:
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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