Highly established four-location smoke shop business in Honolulu/Waikīkī with strong revenue, profitability, brand recognition, and a turnkey operating platform. The sale includes approximately $600,000 in inventory, retail locations, fixtures, equipment, staff, SOPs, supplier relationships, customer databases, marketing systems, and a highly valuable website/SEO presence that experts estimate at about $1 million. The business also has a top Google review presence on the island, strong local search visibility, repeat customers, and significant growth potential through additional locations, e-commerce, wholesale, and private-label products.
- Asking Price:
- $10,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $5,000,000
- Cash Flow:
- $2,900,000
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
The business operates four retail locations throughout Honolulu/Waikīkī, one of Hawaiʻi’s most active tourism and retail markets. The locations benefit from dense hotel concentration, strong pedestrian traffic, year-round visitor activity, and access to both tourists and local customers, creating a highly attractive retail footprint that would be costly and time-consuming to replicate.
- Premises Details:
-
Four established retail locations are included in the operating platform, with fixtures, displays, signage, equipment, storage, and day-to-day infrastructure already in place. The locations are designed for efficient retail operations and provide an incoming buyer with an immediate multi-location presence rather than the expense and delay of building new stores from scratch. Lease transfers are subject to applicable landlord approvals and lease terms.
- Size in square feet:
- 200
- Planning Consent:
-
The locations currently operate as retail premises. Any future expansion, relocation, conversion, or alternate use would be subject to applicable lease terms, landlord approvals, zoning requirements, permits, and local regulations.
Business Operation
- Expansion Potential:
-
Substantial upside remains available through additional Oʻahu locations, expansion to neighboring islands, increased e-commerce sales, stronger digital marketing and SEO monetization, private-label products, wholesale/B2B distribution, and partnerships with hotels, nightlife venues, tourism operators, and other local businesses. The existing brand, systems, customer base, and supplier network provide a strong platform for rapid expansion.
- Competition / Market:
-
While there are other smoke shops and specialty retailers on Oʻahu, this business stands out through its four-location footprint, strong online visibility, established website traffic, prominent Google review presence, repeat customer base, supplier relationships, and recognizable local brand presence. These advantages create meaningful barriers to entry and give the business a significant head start over new or smaller competitors.
- Reasons for selling:
-
pursuit of new ventures and move back home
- Trading hours:
-
7 days a week hours vary
- Employees:
- 15
- Years established:
- 3
Other Information
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $600,000 - included in the asking price
