Established Smoke and Vape Shop in Warren County

Established Smoke and Vape Shop in Warren County

Overview:
Take advantage of this exciting opportunity to own a thriving smoke and vape shop located on the highly trafficked Main Street in Warren County. With a strong revenue stream of over $1.6 million in gross sales last year, this business is well-positioned for continued growth and community engagement.

Key Features:

Prime Location: Strategically located on Main Street, ensuring high visibility and foot traffic from both locals and visitors.
Robust Revenue: Last year’s revenue exceeded $1.6 million (2023 tax return), reflecting strong market demand and customer loyalty.
Monthly Product Costs: With an average product cost of $15,000 monthly (ranging between $10,000 to $20,000), there’s ample opportunity to refine inventory strategies for profitability.
Stable Rent: Affordable rent at $3,000 per month with no increase for the next three years, providing a secure financial forecast.
Low Operating Expenses: Monthly utilities total just $250, and insurance costs are estimated at $500 every six months, making for manageable overhead.

Dedicated Workforce: A team of three employees currently handles operations, with total monthly payroll costs at $7,800.


Included in the Sale:

The sale will include all business assets, making for a seamless transition for the new owner:

2 TVs
2 Couches
Desk Table
Extensive inventory: Vapes, bongs, accessories, and more
Showcases
A 1,500 sq ft retail space with a basement for storage
Growth Potential:
Since its establishment in October 2022, the shop has created a strong foundation in the community. New ownership has the potential to explore expanded product offerings, enhanced marketing strategies, and community engagement initiatives to drive further growth.

Why Invest?
This smoke shop offers not only a profitable investment opportunity but also a chance to build upon an already successful enterprise in a vibrant community. Don’t miss out on the opportunity to own a well-established business with a solid financial base and growth potential.

For more information or to schedule a visit, please reach out today!

inventory not included in asking price. Dollar for Dollar at closing estimated 100k