Scalable Smoke Shop For Sale in Nassau County NY - 37929

Financing

$250,000 Down and

Business Description

Motivated Seller! Established Smoke Shop with Lotto – $750K in Combined Sales | Growth Potential

Excellent Opportunity to Acquire an Established Smoke Shop with Lottery Revenue and Multiple Transferable Licenses!

Here is an opportunity for an entrepreneur or existing operator to acquire a well-established smoke shop with combined annual sales of approximately $750,000, including lottery sales. The business offers multiple revenue streams, reasonable monthly rent of $3,100 for its 1,800-square-foot space, and an upward sales trend that presents an opportunity for the next owner to build on its existing performance.

The business generates approximately $320,000 in annual smoke shop sales and $430,000 in lottery sales, with annual lottery commissions of approximately $26,000. Current cash flow is approximately $58,000. The store holds lottery, vape, tobacco, and CBD licenses, providing an established foundation for continued operations and future growth, subject to applicable transfer approvals.

Growth Potential and Additional Revenue Opportunities

The business has been experiencing an upward sales trend, and the owner anticipates continued growth through the holiday season and beyond. While current cash flow leaves room for improvement, a hands-on owner with a focused business strategy may be able to increase profitability through improved product selection, inventory management, marketing, and customer engagement.

The store's existing lottery business provides an additional source of customer traffic and commission income alongside its smoke shop operations. A qualified buyer may also explore expanding the product mix and introducing additional revenue streams.

Obtaining a beer license, if permitted by local regulations and approved by the relevant authorities, could create another sales opportunity and encourage additional customer visits.

An Opportunity for the Right Owner

This business may be particularly attractive to an existing smoke shop operator looking to expand, an owner-operator seeking an established retail location, or an entrepreneur who recognizes the potential to grow sales and improve operating efficiency.

The seller is motivated! Serious buyers are encouraged to inquire for additional details and discuss this opportunity.

For more information, contact listing broker Froilan Ong at 917-291-2661.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners:

We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.