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Businesses For Sale   >>   Other Retail Businesses For Sale

Newly Opened Smoke Shop For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $220000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2014
Number of Employees  1 - 3
Inventory  10000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Other interests.

Description  
This family-owned smoke shop was opened recently as their 2nd shop. Their 1st shop is located in South Bay, Los Angeles and is successful of marketing the upscale residential area. Then they opened a 2nd shop recently in North Los Angeles with the same marketing strategy and it is working well. However, they became too busy due to the distance between two shops. This is the reason why they decided to sell this shop. This shop is in the one of nice, busy shopping centers along the main street in the city. Store space is 1,000 square feet. They sell tobacco, cigars, vapes and many glass pipes (Most of the pipes are made in the USA). Because of the location, they can sell a lot of "not-cheap" products. Currently, the owner opens 7 days a week to build more regular customer base. The business is growing. Also, there may be very little competition even in the future because of the strict restriction of the city.


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