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Franchise Connectors & Business Brokers

Modern Smoke & Convenience Store - High Margins! For Sale

Portsmouth, Virginia, US
Asking Price:
$160,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$180,000
Cash Flow:
$84,000

Step into a modern, fully operational Smoke & Convenience Store strategically located in Portsmouth, VA. This business combines high-demand smoke and vape products with convenience-store style retail, creating consistent daily traffic and strong repeat customer activity. The store offers a curated mix of vape products, hookah items, smoking accessories, beverages, snacks, and impulse-buy merchandise in a clean, modern retail environment designed to maximize customer spending and retention.

What makes this opportunity stand out is the combination of low overhead and strong margins. With rent at only approximately $1,250/month, this owner-operated business has generated approximately $180K+ in annual sales while maintaining attractive profit margins and simple day-to-day operations. The business currently operates with no employees, making it ideal for an owner-operator or investor looking for a scalable retail concept with minimal staffing complexity.

The location benefits from steady local traffic, extended operating hours (7AM–11PM), and a growing customer base supported by strong online reviews and repeat business. A new owner can immediately increase revenue by expanding inventory, adding delivery platforms, implementing digital marketing, or extending product categories.

This is a turnkey opportunity for someone looking to enter the high-demand smoke and convenience retail sector with an established setup already in place.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly

Leasehold Rent:

1,250mo. per annum

Location:

Located on a central artery in Hampton Roads, making it highly accessible and primed for steady demand among local demographics.

Premises Details:

Modern smoke & convenience retail setup with glass display cases, wall merchandising, organized product displays, and inventory included in the sale. Long operating hours with a clean and fully operational store layout.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Opportunity to expand product selection, increase local marketing efforts, strengthen online presence, and optimize operating structure for additional growth.

Competition / Market:

The business benefits from daily consumer demand for smoke, vape, convenience, and accessory products. Strong visual presentation and extended hours support repeat customer traffic and walk-in sales.

Reasons for selling:

Owner Relocating

Employees:
1
Years established:
2025

Other Information

Support & training:

Seller willing to provide 2 weeks of transition-support, product orientation, and operational guidance to help ensure a smooth ownership transfer.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Inventory / Stock value:
$60,000 - included in the asking price
Relocatable:
This business can be relocated