NOT DISCLOSED, Illinois
| Asking Price |
$800,000 |
Year Established |
2022 |
|
| Annual Revenue |
$744,729 |
Reason for Selling |
Focusing on a new business venture |
|
| Annual P/L |
$0 |
Attention |
Anthony Petrilla |
|
| Annual Cash Flow |
$263,484 |
Listing Number |
1004271 |
|
| # of Employees |
3 |
Business Category |
Retail: Smoke & Vaping Shops |
|
Business Overview:
Established in 2022, this highly profitable smoke and vape retailer has developed a loyal customer base and strong local presence in the southwest Chicago suburbs. The business operates from a highly visible retail location along a busy commercial corridor and has built a strong reputation for its product selection, customer service, and convenient shopping experience.
The business generated $744,729 in revenue and $263,484 in Seller's Discretionary Earnings in 2025, representing an SDE margin of 35%. SDE has averaged $251,000 over the past three years. The business benefits from a lean operating structure with rent of $2,689 per month from a 1,500-square-foot retail location. The current lease has three years remaining along with renewal options, subject to landlord approval and assignment terms.
The store offers a broad selection of smoke, vape, glass, accessory, cigar, and related specialty products. The business also benefits from an established online presence, a highly rated Google Business Profile with more than 300 reviews, and a customer loyalty program with more than 6,000 enrolled members.
Operations are supported by one full-time and two part-time employees, with average employee tenure of 3-4 years. The owner currently spends 10-20 hours per week overseeing purchasing, inventory, vendor relationships, and general business management. Established systems, vendor relationships, POS processes, and documented reorder procedures are in place to support a smooth transition to new ownership.
For an owner-operator, the opportunity offers substantial existing cash flow with a limited owner time commitment. For an established industry operator, the store represents an attractive portfolio addition with experienced staff, established purchasing relationships, strong margins, and a built-in customer base. Additional growth opportunities include expanding premium product categories, increasing online ordering capabilities, extending hours, and introducing complementary product lines.
The owner is selling to focus on another business and is willing to provide transition support following closing.
Property Features and Assets:
<p>Currently $105,000 in inventory, to be included in the transaction at cost and in addition to the current list price. 1,500 square foot retail location with below market rent (4.4% of revenue). Lease has 3 years remaining.<br></p>
Market Competition and Expansion:
<p>Extension of hours, addition of more product categories, expansion of online ordering capabilities<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity