NOT DISCLOSED, California
| Asking Price |
$199,000 |
Year Established |
2020 |
|
| Annual Revenue |
$540,000 |
Reason for Selling |
Family |
|
| Annual P/L |
$120,000 |
Attention |
Jonathan Hwang |
|
| Annual Cash Flow |
$120,000 |
Listing Number |
988643 |
|
| # of Employees |
3 |
Business Category |
Retail: Smoke & Vaping Shops |
|
Business Overview:
This high-volume smoke shop, located in the bustling city of Santa Clarita (Los Angeles County), is now available for sale at an asking price of $199,000. The sale requires a cash offer only, as the seller is looking for a fast and seamless transaction. Inventory is valued at approximately $60,000 and will be sold separately.
The business generates impressive annual gross sales of $540,000, with a steady monthly net profit of around $10,000. It is entirely employee-run, requiring minimal involvement from the owner, making it an ideal opportunity for both absentee investors or hands-on entrepreneurs looking to take on a profitable, turnkey operation.
Situated in a prime, high-visibility location with strong foot traffic, the shop benefits from consistent walk-in customers and a loyal, established clientele. The interior spans approximately 1,350 square feet and is well-maintained, offering an inviting retail environment.
The lease terms are highly favorable, with six years remaining and renewal options available. Monthly rent is $4,900, which includes NNN charges, keeping overhead costs manageable and predictable.
Please note that the business name is not included in the sale.
This is a rare opportunity to acquire a proven, profitable business in the thriving smoke shop industry. Serious cash buyers only.
Listing ID: #5586JH
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