Hot Listing
Established Operating Turnkey Smoke Vape Shop within City
Business Description
Located in a high-traffic, trending area of Allegheny County, this established smoke shop presents an opportunity for an owner-operator or investor seeking a low-overhead business.
Surrounded by restaurants, bars, retail stores, hospitals and densely populated neighborhoods, the location benefits from steady foot traffic and a loyal customer base.
Smoke, Vape, Tobacco shop, in operation for about 5-6 years. Strong customer base, in a major business district. Easy to expand into new products.
Includes about $20,000 inventory and also includes all equipment and fixtures etc.
Prime Location - Low Rent. Major Business District. Always New Customers
Location is leased, no property included.
Recent Sales have fluctuated between 118k-132k/yr.
Current rent 1k/month. Only utilities are electric. No other rent expenses.
Excellent Growth opportunities, which include-
Expanding cigarettes, expanding glass, high end glass, new tobacco products, varieties in addition to new trending vape and wellness products, Adding Skill Games, ATM, C-Store essentials etc. Extending operating hours to capture more night sales. Owner lately has difficulty keeping up with new emerging products and trends.
Especially best for someone who is interested in expanding their number of locations. Best for someone familiar with Smoke Shop industry.
1 years remaining on lease with 5 year renewal pending. So 5 years for new owner. The renewal can be confirmed and finalized prior to taking over so it will be an easy transition. Rent will remain the same, small increase with CPI. Likely can negotiate another additional 5 year renewal at take over
Includes inventory, equipment, security, fixtures, signage etc.
Employees not remaining post sale.
Surrounded by restaurants, bars, retail stores, hospitals and densely populated neighborhoods, the location benefits from steady foot traffic and a loyal customer base.
Smoke, Vape, Tobacco shop, in operation for about 5-6 years. Strong customer base, in a major business district. Easy to expand into new products.
Includes about $20,000 inventory and also includes all equipment and fixtures etc.
Prime Location - Low Rent. Major Business District. Always New Customers
Location is leased, no property included.
Recent Sales have fluctuated between 118k-132k/yr.
Current rent 1k/month. Only utilities are electric. No other rent expenses.
Excellent Growth opportunities, which include-
Expanding cigarettes, expanding glass, high end glass, new tobacco products, varieties in addition to new trending vape and wellness products, Adding Skill Games, ATM, C-Store essentials etc. Extending operating hours to capture more night sales. Owner lately has difficulty keeping up with new emerging products and trends.
Especially best for someone who is interested in expanding their number of locations. Best for someone familiar with Smoke Shop industry.
1 years remaining on lease with 5 year renewal pending. So 5 years for new owner. The renewal can be confirmed and finalized prior to taking over so it will be an easy transition. Rent will remain the same, small increase with CPI. Likely can negotiate another additional 5 year renewal at take over
Includes inventory, equipment, security, fixtures, signage etc.
Employees not remaining post sale.
About the Business
- Years in Operation
- 6
- Number of Employees
- 2
- Facilities & Assets
- Inventory
Fixtures
Coolers, Humidors
Security
AC-Heatpump
Electronic equipment
Signage etc - Market Outlook / Competition
- Low rent, low utilities, low overhead advantage. Established stable market competition.
- Opportunities for Growth
- Growth available; suggestions include-
Expanding tobacco products in addition to new trending vape and wellness products, atm, c-store essentials etc.
Keeping up with new marketplace trends, expanding market varieties.
Extend operating hours, consistent hours.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 600
- Rent
- $1,000.00 per month
- Lease Expiration
- 3/1/2031
About the Sale
- Seller Motivation
- Owner Life Changes, Relocation
- Transition Support
- None
- Financing Options
- None
Listing Info
- ID
- 2322520
- Listing Views
- 4355
Listing ID: 2322520 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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