Well-Established Tobacco and Smoke Shop

Orange County, CA

Well-Established Tobacco and Smoke Shop

Sale Pending

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Asking Price: $150,000

Cash Flow: $102,972

Gross Revenue: $540,000

EBITDA: N/A

FF&E: $0

Inventory: $95,000*

Rent: $2,483 per Month

Established: 2007

*not included in asking price.

Well-Established Tobacco and Smoke Shop

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Business Description

This smoke shop has been a neighborhood fixture for almost 15 years. They sell tobacco products to the local community, including tobacco, CBD products, snacks, accessories (lighters, glass pipes, incense, hookahs, etc.), vape products and gift items. They are located on a very busy main street, with excellent visibility and good parking.

The store is well-maintained and impeccably clean, with very reasonable rent. Almost 50% of the sales are tobacco products (with 25-30% margins on the pure tobacco), and other 50% are across the remaining products. The store also generates an average of $450+/mo. in Lotto profits. They have a well-established regular customer base from the local neighborhood and from the two large tenants behind the center: a popular restaurant with evening dancing and a nightclub popular with the young adult crowd. The store is in a safe area, but still features a 7-camera Internet accessible video surveillance system as well as a standard alarm.

It’s retirement time for the Seller, so it’s time for an energetic owner-operator to step in and take this store to the next level. A new owner can build on this foundation by actually marketing: the current owner does none. Setup a website, advertise the store, and start building a social media following.

If you’ve been looking for a profitable smoke shop in Orange County, then this shop may be opportunity you’ve been looking for. Reach out to the Agent today!

Detailed Information

Location:
Orange County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
915
Lease Expiration:
10/31/2022
Employees:
1
Facilities:
All equipment and signage is in excellent condition
Competition:
There is no other Smoke shop anywhere near-by And no new locations to put a smoke shop
Growth & Expansion:
New buyer can add new products and Setup a website, do some advertising and start building a social media Seller older gentlemen and not done any advertising of any kind
Support & Training:
Seller will stay and train a new buyer
Reason for Selling:
Been here over 10 years retiring now
Contact

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Tony Magana

Business Listed By:
Tony Magana

BottomLine Business Brokers


Sponsoring Broker:
Bill Corley - BottomLine Business Brokers

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