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Listed by:

Hedgestone Business Advisors

Absentee-Run Smoke Shop In Prime Location For Sale

Miami, Florida, US
Asking Price:
$350,000
Sales Revenue:
$550,491
Cash Flow:
$127,655

**NDA Required for address**

Business Highlights

  • Prime retail location situated within a luxury mixed-use development
  • Approximately 349 SQFT fully built-out retail space
  • Fully absentee-run operation with established staff in place
  • Over $578K peak annual revenue generated in 2024
  • Strong historical gross margins ranging between 64%–70%
  • Turnkey sale including inventory, POS system, fixtures, and equipment
  • Long-term lease secured through 2034 providing operational stability
  • Late-night operating hours until 2:00 AM on weekends capturing nightlife traffic
  • High foot traffic from residents, hotel guests, office professionals, and nightlife patrons
  • Established Clover POS system with CPA-prepared financial records
  • Third-party CPA financials available for buyer due diligence
  • Minimal owner involvement required with fully staffed day-to-day operations
  • No existing marketing, loyalty program, or delivery integration creating significant upside potential
  • Opportunity to expand revenue through digital marketing, paid ads, and delivery platforms
  • Located in one of South Florida’s strongest retail and nightlife markets
  • All required operational licenses and permits in good standing
  • Lean and efficient operating structure with proven historical cash flow

Annual Overview – 2025

Financial Performance

  • Gross Revenue: $528,945
  • Weighted 3-Year Average Revenue: $550,491
  • Seller’s Discretionary Earnings (SDE): $101,293
  • Weighted 3-Year Average SDE: $127,655

Key Operating Expenses

  • Payroll & Owner Compensation: $183,367
  • Rent & Occupancy: $108,968

Additional Growth Opportunities

  • No meaningful advertising or marketing spend currently reflected in financials
  • Opportunity to implement paid social media, Google Ads, and influencer marketing campaigns
  • No customer loyalty or SMS retention program currently in place
  • Third-party delivery integration for eligible product categories has not yet been implemented
  • Additional upside available through optimized late-night product offerings and active owner involvement
  • 2024 demonstrated peak operational performance with approximately $192,872 in SDE, showcasing scalability potential