NOT DISCLOSED, California
| Asking Price |
$299,000 |
Year Established |
2022 |
|
| Annual Revenue |
$720,000 |
Reason for Selling |
Family |
|
| Annual P/L |
$0 |
Attention |
Jonathan Hwang |
|
| Annual Cash Flow |
$180,000 |
Listing Number |
994763 |
|
| # of Employees |
2 |
Business Category |
Retail: Smoke & Vaping Shops |
|
Business Overview:
This well-established smoke shop offers a fantastic opportunity for entrepreneurs looking to own a profitable retail business in a bustling, high-traffic area. The store boasts a spacious 1,000 sq. ft. layout and is fully equipped to cater to a loyal customer base.
With average monthly gross sales of approximately $60,000 and a reasonable rent of $5,300, this business maintains strong profit margins. The lease is secure, with a 7-year term including options, providing stability for the new owner.
The shop operates seven days a week from 9:00 AM to 11:00 PM, managed by two full-time employees at a combined wage expense of about $5,000 per month. The current owner has successfully operated the business since 2022 and is now selling due to family reasons.
This is an excellent opportunity to acquire a turnkey business in a thriving market. Perfect for an owner-operator or investor seeking a steady income stream.
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