Smoke Shop & Pipe Shop with $130K of Inv. Included

Not Disclosed, IA
Dubuque County

Asking Price: Annual Revenue:
$229,000 $445,806

Retail: General Merchandise - Retail

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RE: Smoke Shop & Pipe Shop with $130K of Inv. Included Broker: Michael Rooney

Quick Facts

Asking Price: $229,000
Annual Revenue: $445,806
Net Profit: Not Disclosed
Cash Flow: $88,367
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 4
BBN Listing #: 37014955
Broker Reference #: 5003-15430

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Business Overview:

This highly profitable business specializes in selling smoke shop products and American Made glass water pipes, bubblers and Hookah Pipes.

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Property Features and Assets:

The business is located in a commercial building with great off street parking. The building has room for for expansion with warehouse and basement space available at not additional cost. Assets-$144,497

Market Competition and Expansion:

The business is a specialty store with very specialized products. As such there is very limited competition. The seller is an absentee owner allowing a hands on owner to build the business and offer additional products.

Reason for Selling:

Seller is leaving the industry.

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.

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