Hot Listing

Profitable, High Margin Smoke Shop in Indian River County, FL

Asking Price$89,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$233,000

Inventory$30,000
Not included in asking price
FF&E$23,495
Included in asking price
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Hot Listing

Profitable, High Margin Smoke Shop in Indian River County, FL


Asking Price$89,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$233,000

Inventory$30,000
Not included in asking price
FF&E$23,495
Included in asking price
Business Description
Asking Price: $89,000
Cash Flow: $70,000+
Gross Revenue: $233,000+ (Historical trend when the owner worked)
Inventory: $30,000
Rent: $1,800

Please read first before contacting me: With current volume, if you work 4/5 days a week, you will take home about $6k/month but if you run the store absentee like me currently, you will take home about $2K/month. If you work and increase the volume to its historical trends, you will make about $10K/month. This could be a great opportunity for a small business owner or someone thinking about an early retirement. It is a very easy business to run!!!

A remarkable high class, clean vape store at a prominent location in Indian River County and been at the same location for over 5 years. Currently run absentee. A real gem for an owner operator who can maximize the operation and profitability and be your own boss easily replacing a $6K/month job! It is a turnkey operation, and the owner will assist with the transition to be successful. It has extra room to expand. Great parking in a large strip mall with very busy restaurants, bars and many other businesses next door. High traffic area!!!

The business is a one-stop shop for Vapes, Glassware, CBD, Kratom, Legal THC, Hookah, Incense and more. Located in a busy city of Indian River County, the shop has built a long-lasting reputation over the past 5 years as the best vape store in the area. We pride ourselves on our wide range of products, vast knowledge of the industry, and high rate of word-of-mouth referrals. Located just minutes from the hwy, this shop has been proudly serving locals and tourists with quality products for years. Located in the heart of the city, this shop has been a part of the community for a long time. People have been coming to this store since its establishment and continue to recommend them to their friends and family, as well as tourists visiting the area.

The addition of CBD/hemp products, which began approximately 4 years ago, helped this vape shop to continue to thrive in the ever-growing market. Even without the owner being involved in the day-to-day operations, the company is still able to achieve excellent margins. This business is a fully operational turn-key company meaning the new owner can be involved as much or as little as they would like. In 2024 the store ran absentee doing $13-15K/month while in 2023 the store was doing $19-20K/month when the owner worked. All numbers are verifiable with paid sales tax receipts. The new owner can easily increase sales by extending business hours and other products.

Serious buyers only, please email or text me first with best time to get a call back and I will get back with you. Please do not come to the store without talking to me first. If you are new to the industry, I will teach you everything to be successful.
About the Business
Years in Operation
5
Employees
2
Facilities & Assets
POS, Glass Shelves, Fixers, Signs, Furniture etc.
Market Outlook / Competition
Normal, typical beach town.
Opportunities for Growth
Business hours expansion, Cigars and other products expansion, ATM/Bitcoin machine, Kava Bar, Alcohol etc. The store used to sell alcohol at the beginning under the original owner.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,100
Rent
$1,800.00 per month
Lease Expiration
1/31/2027
About the Sale
Seller Motivation
Absentee owner - Retirement
Transition Support
Up to two weeks.
Listing Info
ID
2360847
Listing Views
1321

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Business Listed by: Mike Stevenson

Listing ID: 2360847 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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