Hot Listing
Turnkey multi-location (12) smoke shop/specialty retail chain
Business Description
Major establishment w/ strong brand loyalty and excellent financials
ESTABLISHED MULTI-LOCATION SPECIALTY RETAIL CHAIN - HOUSTON, TX
Prime acquisition opportunity for a well-established specialty retail chain operating 12 locations throughout the Greater Houston metropolitan area. Since 2021, this business has built a dominant market position through strategic site selection and operational excellence.
FINANCIAL PERFORMANCE:
• Annual Revenue: $8,000,000
• Cash Flow (SDE): $3,000,000
• Strong 37.5% cash flow margin
• Debt-free operation
• Attractive product margins with frequent inventory turnover
OPERATIONAL STRENGTHS:
• 12 active retail locations with current licenses
• Experienced management team in place
• 70,000+ customer database
• 50,000 Instagram followers demonstrating strong brand presence
• Centralized management oversight for operational efficiency
• All locations strategically leased in prime Houston areas
COMPETITIVE ADVANTAGES:
• Established Houston market leader with significant community exposure
• Media coverage and celebrity endorsements
• Prime location portfolio attracting customers across Greater Houston
• Proven multi-unit operating platform
• Scalable business model
GROWTH OPPORTUNITIES:
• Expansion into additional Houston-area locations
• Market expansion throughout major Texas cities
• Enhanced product offerings (vape, tobacco, adult merchandise)
• Digital marketing initiatives
• Operational synergies through scale
• Strategic consolidation opportunities
SUPPORT & FINANCING:
• 60-day transition support including SOPs, operations training, and management guidance
• Seller financing available to qualified buyers
• FF&E valued at $200,000
• $100,000 inventory included in asking price
This turnkey operation represents an exceptional opportunity for strategic buyers seeking immediate market presence in one of the nation's largest metropolitan areas, with substantial potential for continued expansion across Texas.
Asking Price: $2,950,000
Prime acquisition opportunity for a well-established specialty retail chain operating 12 locations throughout the Greater Houston metropolitan area. Since 2021, this business has built a dominant market position through strategic site selection and operational excellence.
FINANCIAL PERFORMANCE:
• Annual Revenue: $8,000,000
• Cash Flow (SDE): $3,000,000
• Strong 37.5% cash flow margin
• Debt-free operation
• Attractive product margins with frequent inventory turnover
OPERATIONAL STRENGTHS:
• 12 active retail locations with current licenses
• Experienced management team in place
• 70,000+ customer database
• 50,000 Instagram followers demonstrating strong brand presence
• Centralized management oversight for operational efficiency
• All locations strategically leased in prime Houston areas
COMPETITIVE ADVANTAGES:
• Established Houston market leader with significant community exposure
• Media coverage and celebrity endorsements
• Prime location portfolio attracting customers across Greater Houston
• Proven multi-unit operating platform
• Scalable business model
GROWTH OPPORTUNITIES:
• Expansion into additional Houston-area locations
• Market expansion throughout major Texas cities
• Enhanced product offerings (vape, tobacco, adult merchandise)
• Digital marketing initiatives
• Operational synergies through scale
• Strategic consolidation opportunities
SUPPORT & FINANCING:
• 60-day transition support including SOPs, operations training, and management guidance
• Seller financing available to qualified buyers
• FF&E valued at $200,000
• $100,000 inventory included in asking price
This turnkey operation represents an exceptional opportunity for strategic buyers seeking immediate market presence in one of the nation's largest metropolitan areas, with substantial potential for continued expansion across Texas.
Asking Price: $2,950,000
About the Business
- Years in Operation
- 5
- Employees
- 38 (30 Full-time, 7 Part-time, 1 Contractor)
- Facilities & Assets
- Acquisition will include 12 recently renovated (
- Market Outlook / Competition
- We have been the main Houston player in our space for the last several years with great community exposure through plenty of media coverage, celebrity endorsements, and prime locations.
Locations are strategically placed in prime areas to attract all corners of the Greater Houston area. - Opportunities for Growth
- A compelling opportunity for a strategic buyer to acquire an established, profitable retail platform with significant upside. The business currently operates 12 successful locations throughout the Greater Houston area, providing an immediate and scalable footprint in one of the nation's largest metropolitan markets.
Opportunities for future growth include expanding into underserved Texas markets, increasing same-store sales through enhanced merchandising and customer loyalty initiatives, leveraging purchasing and operational synergies across a larger retail network, and broadening the product mix as consumer demand evolves. An acquirer with an existing smoke shop, convenience, specialty retail, or hemp business footprint can also realize meaningful cost savings through consolidated purchasing, shared infrastructure, and streamlined operations.
Well-positioned to serve as a foundation for continued expansion or new entrants.
About the Sale
- Transition Support
- Current ownership will provide transition support and training for a period of up to 60 days.
Support will include but not limited to SOPs, backend operations, inventory management, staff engagement and operations, management training. - Financing Options
- Seller financing available to qualified buyers. Terms negotiable.
Listing Info
- ID
- 2531929
- Listing Views
- 1215
Listing ID: 2531929 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.
















