Description

Unicorn business of the year. Seller is ready to retire and ready to make a deal. Bring all offers and get ready to run a successful smoke shop that’s been in business for the past 9 years. The only reason for the sale is the seller is wanting to retire back to his motherland. This is a win-win situation for a potential buyer.

Key Details:
Size: 1400 square feet
Lease Terms: A low $1400 a month with no NNN. 4 years left on lease with an additional 5 year renewal.
Hours of operation: 10am-9pm Mon-Sat 11am-7pm-Sun
Employees: Seller is full-time and has 2 part-time employees

Sales & Financials:
Annual gross sales:
2023-$220k
2022-$240k
2021-$360k
2020-$330k

Growth Potential:
Store has a great flow from the front entrance all the way to the back. A potential buyer can bring in more glass inventory to bring up the sales. other than that it’s a one stop shop.

Why Choose this Business?
The seller has done a great job of establishing this smoke shop. It’s very clean and has a regular clientele walking in everyday. This is a turnkey operation and requires very little knowledge. The lease is very low as well which will make it easy to make money, money, money.

Seller is very motivated to sell and will accept all respectable offers. Seller has done all the footwork and is ready to hand the buyer the keys. The hardest part is getting the license and setting up an establishment and the seller has done all of that. Tobacco licenses are getting harder to get in California due to restrictions. Don’t pass up on the easiest business to run.

Business Information