Smoke Shop for Sale in Chesapeake, Virginia-269887-CD

Listing Number: 9525-269887

Description

This brand new smoke shop is ideally located in Chesapeake, Virginia, a thriving city with a growing population. The shop is located in a high-traffic area with easy access to major highways, Schools, making it easy for customers to get to.

****+$60,000 worth of inventory included in the sale of this Business!!!****

**** $40,000 worth of Furnitures, Fixture and Equipment included in the asking price***

The smoke shop is fully stocked with a wide variety of products, including tobacco products, e-cigarettes, vape pens, CBD products, Delta 9, water pipes, grinders, and more. The shop also has a large selection of glassware, accessories, and alcohol.

The smoke shop is currently generating over $360,000 in annual sales, and it has the potential to generate even more revenue with the right marketing and branding strategies. The shop is also profitable, with seller discretionary earnings of $50,000 per year and growing 20% each month.

The lease is for 2200 square feet and is for 5 years with a 5-year option. The monthly lease is $3650.

The smoke shop is being sold for $99,000, which includes $60,000 worth of inventory and $40,000 of equipment and furniture. This is a great opportunity for someone looking to own a profitable smoke shop in a growing market.


Benefits:

Brand new smoke shop
Ideal location in a thriving city
High-traffic area with easy access
Wide variety of products
Large selection of glassware and accessories
Profitable business with seller discretionary earnings of $50,000 per year
Growing 20% each month
Lease for 2200 square feet for 5 years with 5-year option
Monthly lease of $3650


Call to Action:

Contact Charles Daucourt at Transworld Business Advisors today to learn more about this amazing opportunity!

Charles Daucourt, CM&AP
Business Broker - Merger & Acquisition - Franchises
Certified Mergers & Acquisitions Professional
(757) 231 6557
cdaucourt@tworld.com

Listing Details

• Price: $ 99,000
• Down Payment: $99,000
• Sellers Discretionary Earnings: $ 50,000
• Total Sales: $ 360,000
• Location: Chesapeake City, Virginia


• Inventory: $ 60,000
• FF&E: $ 40,000
• Employees: 2
• Year Established: 2023
• Reason for Selling: other interest
• Category: Retail Miscellaneous