NOT DISCLOSED, California
| Asking Price |
$699,000 |
Year Established |
2023 |
|
| Annual Revenue |
$1,680,000 |
Reason for Selling |
Other Business Interest |
|
| Annual P/L |
$480,000 |
Attention |
Jonathan Hwang |
|
| Annual Cash Flow |
$480,000 |
Listing Number |
1016435 |
|
| # of Employees |
2 |
Business Category |
Retail: Smoke & Vaping Shops |
|
Business Overview:
High-Volume, Fully Staffed Smoke Shop – Approximately $40,000 Average Monthly Net Profit
Rare opportunity to acquire a high-volume, highly profitable smoke shop in a busy Los Angeles County location. The business generates approximately $1.68 million in annual gross sales and an average monthly net profit of approximately $40,000.
The store is fully staffed and requires minimal owner involvement, making it an attractive turnkey opportunity for an investor or an experienced operator seeking a strong-performing business with established systems already in place. The spacious premises offer excellent visibility, consistent customer traffic, and a loyal customer base.
Business Details
* Asking Price: $699,000 – Cash Only
* Inventory: Approximately $150,000 at cost – Sold separately
* Annual Gross Sales: Approximately $1,680,000
* Average Monthly Gross Sales: Approximately $140,000
* Average Monthly Net Profit: Approximately $40,000
* Monthly Rent: $7,400, including NNN
* Premises: Approximately 2,250 square feet
* Lease: Approximately seven years remaining, including options
* Operation: Fully staffed with minimal owner involvement
This business benefits from strong sales volume, attractive profit margins, favorable occupancy costs, a long-term lease, excellent visibility, and steady customer traffic. With an experienced staff already in place, a new owner can step into an established operation with minimal disruption.
The business may also offer additional growth opportunities for a hands-on operator through expanded product offerings, enhanced marketing, customer-loyalty programs, and further development of online and delivery sales, subject to applicable laws and regulations.
Cash buyers only. Inventory is additional to the asking price. All sales, income, expenses, and other financial information are subject to verification by the buyer during the due diligence period.
OFFICE ID 5737 JH
Property Features and Assets:
Market Competition and Expansion:
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