Hot Listing
Smoke Shop
Business Description
Established smoke shop and tobacco vape house located in downtown Allentown, Pennsylvania, operating in a high-traffic area near the city center. This turnkey business opportunity generates $264,000 in annual revenue with established operations since 2024.
BUSINESS OVERVIEW:
The business operates as a full-service smoke shop offering tobacco and vape products to an established customer base. Located in a prime downtown location with strong foot traffic, the 800 square foot retail space provides excellent visibility and accessibility for customers.
FINANCIAL PERFORMANCE:
• Annual Revenue: $264,000
• Cash Flow (SDE): $18,000
• EBITDA: $21,000
• Asking Price: $250,000 (includes $40,000 inventory)
• FF&E Value: $40,000
LOCATION & LEASE TERMS:
Strategically positioned in busy downtown Allentown with high visibility and foot traffic. The business operates from an 800 square foot leased space at $1,400 per month, with lease extending through July 2030, providing stability for new ownership.
OPERATIONS:
Currently managed as an absentee-owned business with 2 employees, demonstrating the potential for hands-on owner operation to improve performance. The business serves the established Allentown market with a loyal customer base.
GROWTH POTENTIAL:
Significant opportunities exist with emerging THXA product lines and market expansion. The downtown location provides excellent potential for increased market penetration and revenue growth under dedicated ownership.
TRANSITION SUPPORT:
Seller committed to providing comprehensive handover assistance to ensure smooth business transition and operational continuity.
This represents an opportunity to acquire an established retail business in Pennsylvania's third-largest city, with strong fundamentals and growth potential in the expanding tobacco and vape market.
BUSINESS OVERVIEW:
The business operates as a full-service smoke shop offering tobacco and vape products to an established customer base. Located in a prime downtown location with strong foot traffic, the 800 square foot retail space provides excellent visibility and accessibility for customers.
FINANCIAL PERFORMANCE:
• Annual Revenue: $264,000
• Cash Flow (SDE): $18,000
• EBITDA: $21,000
• Asking Price: $250,000 (includes $40,000 inventory)
• FF&E Value: $40,000
LOCATION & LEASE TERMS:
Strategically positioned in busy downtown Allentown with high visibility and foot traffic. The business operates from an 800 square foot leased space at $1,400 per month, with lease extending through July 2030, providing stability for new ownership.
OPERATIONS:
Currently managed as an absentee-owned business with 2 employees, demonstrating the potential for hands-on owner operation to improve performance. The business serves the established Allentown market with a loyal customer base.
GROWTH POTENTIAL:
Significant opportunities exist with emerging THXA product lines and market expansion. The downtown location provides excellent potential for increased market penetration and revenue growth under dedicated ownership.
TRANSITION SUPPORT:
Seller committed to providing comprehensive handover assistance to ensure smooth business transition and operational continuity.
This represents an opportunity to acquire an established retail business in Pennsylvania's third-largest city, with strong fundamentals and growth potential in the expanding tobacco and vape market.
About the Business
- Years in Operation
- 1
- Employees
- 2
- Facilities & Assets
- All included. Air conditioning, bathroom facility, storage area, game room
- Market Outlook / Competition
- There are 32 smoke shops in Allentown. We are the best kept
- Opportunities for Growth
- Growth opportunities with new THXA horizons
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
- Rent
- $1,400.00 per month
- Lease Expiration
- 7/17/2030
About the Sale
- Seller Motivation
- Difficult to manage. Trusted employee has fled
- Transition Support
- Full handover
Listing Info
- ID
- 2365914
- Listing Views
- 845
Business Location
Listing ID: 2365914 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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