Profitable Smoke Shops & Kava Bar for Sale
Business Description
PROFITABLE SMOKE SHOPS & KAVA BAR FOR SALE
Established smoke shop business with newly added kava bar component located in Palm Beach County, Florida. This turnkey operation generates $720,000 in annual revenue with strong $220,000 cash flow, representing an attractive 30.6% return on investment.
BUSINESS OVERVIEW:
Operating since 2022, Smoke shops are well located, next to highways, ones is next to chick-fila. The business benefits from an absentee owner structure, demonstrating operational efficiency with 5 employees managing daily operations.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $780,000
- Cash Flow: $220,000
- Strong 60% profit margins
- Asking Price: $949,000 (includes $280,000 inventory)
- FF&E Value: $25,000
KEY STRENGTHS:
- Established customer loyalty program with 1,600+ customers in database
- Newly launched kava bar already generating $6,000 in first month
- Limited kava bar competition in market area
- Absentee owner operation model
- Secure lease through January 1, 2029 plus 5 year renewals
GROWTH POTENTIAL:
Significant expansion opportunities exist through extended operating hours and further development of the kava bar concept. Industry data suggests established kava bars can generate $60,000-$90,000 monthly revenue, indicating substantial upside potential from the newly launched kava component.
OPERATIONAL DETAILS:
The business operates from a 3 leased locations square foot facility in Palm Beach/Martin County. Current owner cites pursuit of other business ventures as reason for sale. Two weeks of hands-on training included to ensure smooth transition, covering inventory management and daily operations.
This represents an excellent opportunity to acquire a profitable, established business with significant growth potential in the emerging kava bar market while maintaining steady smoke shop revenue streams.
Established smoke shop business with newly added kava bar component located in Palm Beach County, Florida. This turnkey operation generates $720,000 in annual revenue with strong $220,000 cash flow, representing an attractive 30.6% return on investment.
BUSINESS OVERVIEW:
Operating since 2022, Smoke shops are well located, next to highways, ones is next to chick-fila. The business benefits from an absentee owner structure, demonstrating operational efficiency with 5 employees managing daily operations.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $780,000
- Cash Flow: $220,000
- Strong 60% profit margins
- Asking Price: $949,000 (includes $280,000 inventory)
- FF&E Value: $25,000
KEY STRENGTHS:
- Established customer loyalty program with 1,600+ customers in database
- Newly launched kava bar already generating $6,000 in first month
- Limited kava bar competition in market area
- Absentee owner operation model
- Secure lease through January 1, 2029 plus 5 year renewals
GROWTH POTENTIAL:
Significant expansion opportunities exist through extended operating hours and further development of the kava bar concept. Industry data suggests established kava bars can generate $60,000-$90,000 monthly revenue, indicating substantial upside potential from the newly launched kava component.
OPERATIONAL DETAILS:
The business operates from a 3 leased locations square foot facility in Palm Beach/Martin County. Current owner cites pursuit of other business ventures as reason for sale. Two weeks of hands-on training included to ensure smooth transition, covering inventory management and daily operations.
This represents an excellent opportunity to acquire a profitable, established business with significant growth potential in the emerging kava bar market while maintaining steady smoke shop revenue streams.
About the Business
- Years in Operation
- 3
- Number of Employees
- 5
- Facilities & Assets
- 3 Smoke Shops & A Kava Bar for sale. Great opportunity to own, Making profit.
Just added a Kava bar to one location. Alot of room to grow. Easy business to run.
All inventory paid off. - Market Outlook / Competition
- Other smoke shops in the area, not a lot of kava bars. We have a great loyalty program with over 1600 customers in the database.
- Opportunities for Growth
- All of room to grow, extend hours.
Kava bar is new less than a month old and already doing 6k in sales first month.
These kava bars do 60-90k in revenue per month
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,400
- Lease Expiration
- 1/1/2029
About the Sale
- Seller Motivation
- Other Business Ventures
- Transition Support
- 2 Weeks hands one, show buyer how to do inventory, run the businesses.
- Financing Options
- No Seller Financing
Listing Info
- ID
- 2395019
- Listing Views
- 331
Listing ID: 2395019 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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