Listing ID: 71676

Business Overview

Business Overview

This established smoke shop has been successfully operating for approximately four years in a high-traffic Long Island location. The business offers a turnkey operation with simple day-to-day management, a loyal customer base, and a strong reputation within the local market. Vape products serve as the primary revenue driver, supported by tobacco products, glass accessories, and other related merchandise. The operation is staffed by two full-time employees who are expected to remain after the sale, making for a seamless ownership transition.

Annual Revenue

~$480,000

Consistent revenue with a stable customer base.

Cash Flow

~$120,000/year

Approximately $8,000–$10,000 per month.

Asking Price

$275,000 including inventory

Inventory included in the asking price.

Monthly Expenses

~$20,000–$22,000

Current operating expense range.

Lease & Rent

Facility Size

Approximately 1,500 sq. ft.

Monthly Rent

Approximately $2,700

Renewal

Expected and anticipated to be renewed

Property

Real estate is not included in the sale

Location Benefits

Established retail corridor with steady local traffic and repeat customers.

Products & Inventory

The business maintains a diversified product mix focused on high-demand smoking and vaping products:

Vape Products

Approximately 70% of sales

Glass & Smoking Accessories

Approximately 20–30% of sales

Tobacco Products

Approximately 10–15% of sales

Kratom Products

Currently offered

CBD / Delta Products

Not currently offered, representing a potential expansion opportunity

Inventory Notes

Current inventory is estimated at approximately $20,000–$25,000 at cost. Some slower-moving inventory exists, creating opportunities for inventory optimization under new ownership.

Growth Potential

Expand Product Mix

Introduce CBD, Delta, and other trending product categories.

Improve Inventory Management

Reduce dead stock and optimize purchasing.

Optimize Pricing & Supplier Relationships

Enhance margins through better procurement and pricing strategies.

Increase Marketing & Customer Acquisition

Leverage local marketing and repeat-customer programs.

Enhance Operational Efficiency

Improve staffing utilization and operational workflows.

Extend Operating Hours

Evaluate additional hours where appropriate to capture more sales.

Management believes the largest opportunity lies in operating the business more efficiently and maximizing inventory performance.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $275,000
  • Cash Flow: $120,000
  • Gross Revenue: $480,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.