This smoke shop has been a neighborhood fixture for almost 15 years. They sell tobacco products to the local community, including tobacco, CBD products, snacks, accessories (lighters, glass pipes, incense, hookahs, etc.), vape products and gift items. They are located on a very busy main street, with excellent visibility and good parking.
The store is well-maintained and impeccably clean, with very reasonable rent. Almost 50% of the sales are tobacco products (with 25-30% margins on the pure tobacco), and other 50% are across the remaining products. The store also generates an average of $450+/mo. in Lotto profits. They have a well-established regular customer base from the local neighborhood and from the two large tenants behind the center: a popular restaurant with evening dancing and a nightclub popular with the young adult crowd. The store is in a safe area, but still features a 7-camera Internet accessible video surveillance system as well as a standard alarm.
It’s retirement time for the Seller, so it’s time for an energetic owner-operator to step in and take this store to the next level. A new owner can build on this foundation by actually marketing: the current owner does none. Setup a website, advertise the store, and start building a social media following.
If you’ve been looking for a profitable smoke shop in Orange County, then this shop may be opportunity you’ve been looking for. Reach out to the Agent today!