HS Listing ID-72215
Asking Price: $1,200,000 (25% Seller Finance Available)
Business Overview
- Established in 2015
- Three-location smoke, vape, and tobacco retail chain
- Strong brand with 17,000+ loyalty members and 700+ online reviews (4.9–5.0★)
- Fully compliant operation with all revenue reported on tax returns
- Protected operating footprint due to municipal restrictions on new smoke/vape retailers
- Inventory of approximately $285K–$300K included in asking price
- Owner-light business with experienced managers running daily operations
- Full chain available, or one location available separately as an asset sale
Business Highlights
- 2025 Revenue: ~$1.42M
- 2025 Net Income: ~$228K
- Inventory (~$300K) included in asking price
- Less than 1 hour/week owner involvement
- Approximately 12–13 W-2 employees across three locations
- Passed 2024 Connecticut vape tax audit with clean compliance history
- Seller financing available for qualified buyers
- Significant upside through payroll optimization, marketing, and third location growth
Overview
- Business Type: Multi-Location Smoke, Vape & Tobacco Retail Chain
- Locations: 3
- Ownership: Absentee / Owner-Light
- POS System: Clover
- Loyalty Program: 17,000+ active members
Operations
- Store manager at each location handling daily operations
- Regional management system and SOPs in place
- Daily POS reconciliation and inventory controls
- Fully licensed and compliant with Connecticut tobacco and vape regulations
- Owners available for transition support
Lease Information
- All three locations operate under leased facilities
- Inventory included in the purchase price
- Licenses and established operating footprint transfer with the business (subject to regulatory approval)
Growth Opportunities
- Increase sales at the newer location
- Optimize payroll and operating expenses
- Expand customer engagement through loyalty program and digital marketing
- Increase vendor purchasing efficiencies
- Benefit from limited future competition due to municipal zoning restrictions
Reason for Sale
• Owners are pursuing cannabis manufacturing/wholesale and other business ventures.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
