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Listing BBF-128700072: Retail Miscellaneous|Retail Smoke Shop

General Location: Miami
Asking Price: $489,000
Annual Gross Sales: $698,634
Owner Benefit:
(Net Profit + Owner Salary)
$148,684
 
Business Description

Reason For Sale:Focusing on Wholesale Business- Highly Profitable Smoke Shop+Cart in a busy Miami Mall. Absentee Owner ! High tourist traffic, ensuring a steady stream of customers year-round. The strategic location within a popular mall further enhances its visibility and accessibility. The store offers a wide range of products, including vapes, cigars, smoke shop accessories, and Hemp products. Additionally, it sells collectibles, pictures, temporary tattoos, and stickers. Sale includes $65,000 worth of wholesale inventory. Seller is an absentee owner with 8 PT employees working the store. Rent for the store $12022/ Cart $7210 per month. Sales for 2024 $698k-Owner Benefit $148k year! All buyers must financially qualify prior to speaking to the owner. This is confidential. Please don't talk to the employees!

     
Number of Employees: 0 FT, 7 PT
Established in: 2023
Owner Financing Provided: Information Not Provided
Training Provided by Owner: 4 weeks
Is Business Re-locatable: No
Reason For Selling: Focusing on Wholesale Business

 

 

Contact Information: The following company and/or agent is a licensed real estate broker/and or a business broker.
Name: Russell Cohen
Phone: (954) 900-2685
Agency: South Florida M&A Advisors



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