HS Listing ID-71676
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
$350,000 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
