$299,000
Active · 1 days on market · MLS# MFRTB8431282
| Property type | Business Opportunity |
|---|---|
| Waterfront | Yes |
| County | Brevard |
This well-established and highly profitable smoke shop is a fantastic turnkey opportunity for an owner-operator or an investor. Located at a prime area in Brevard County, the business has built a strong reputation and a loyal customer base. Financial Highlights: • 2024 Gross Revenue: $516,000 • 2024 Net Sales: $480,000 • Owner's SDE (Seller's Discretionary Earnings): $240,000. The business demonstrates excellent profitability with COGS. The owner's SDE is exceptionally strong, reflecting a healthy and well-managed operation. Transaction Details: • Asking Price: $299,000 • Cash Flow (SDE): $240,000 • Business Type: Retail/Smoke Shop • Hours of Operation: • Weekdays and Weekends: 12 hrs. This is an ideal opportunity for an entrepreneur looking to step into a highly profitable, well-established, and easy-to-run business with immediate cash flow. The price includes all assets and an estimated $100,000 worth of inventory at wholesale price. The business occupies a spacious 550 sq. ft. facility with a reasonable rent of $1,270/month (including water and garbage). The sale is a true turnkey opportunity and includes all store fixtures, displays, counters, and other equipment necessary for immediate operation. The business enjoys a strong position in the local market with no direct competition nearby. It's in a rich neighborhood The business sells premium products and has a 5-star out of 300+ Google review rating, highlighting its strong brand reputation and customer satisfaction. The landlord is friendly and the current lease has four years remaining, providing a stable foundation for the new owner. The business primarily sells cigars, vapes, kratom, gummies, and D8 catering to a diverse and growing market. The current owner is committed to ensuring a smooth transition. They will provide comprehensive training for a period of one year, with an option to extend for another year. This support will cover all aspects of the business, including operations, supplier relationships, inventory management, and customer service. All financials are documented and will be provided to serious, qualified buyers. Confidentiality is required. Contact us today for more information.
Listing courtesy of Greg Hancock, HANCOCK REALTY ENTERPRISE INC.. Presented by MC Homes Realty Inc · 727432218.