Glass and Accessories Smoke Shop

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Eastern Iowa

$320,000

Listing# :

18534

Gross Revenue :

$979,565

Rent :

$96,826

Status :

For-Sale

Discretionary Earnings :

$68,384

Business Description

This established smoke shop with two prime locations specializes in high-quality herbal products and a wide range of glass accessories. Known for its welcoming atmosphere and knowledgeable staff, the shop offers a curated selection catering to both seasoned enthusiasts and newcomers. With a loyal customer base and strategic locations, the business is well-positioned for continued success in a growing market. This is a turnkey opportunity for buyers interested in entering the retail space with a reputable brand and a strong foothold in the industry.

Detailed Information

Real Estate:

Leased

Inventory:

$353,212

Lease Expiration:

10/31/2027 and 12/31/2031

Employees:

8 PT

Facilities:

Two retail locations separated by about 85 miles.

Competition:

There are several competitors in the area, but this company has unique product offerings, knowledgeable staff, a strong local reputation, and a focus on customer service. Providing a range of high-quality, exclusive glassware or specialized herbal products attracts a loyal customer base despite the competitive landscape.

Growth & Expansion:

Boasting a strong retail and online presence, a new owner could expand or add additional product lines as well as investing in SEO to increase e-commerce sales.

Support & Training:

Willing to train and support for 2 weeks.

Reason for Selling:

New opportunities

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