HUGE POTENTIAL smoke shop in SouthSide

Pittsburgh, PA (Allegheny County)

Store Front, Murals inside by the Renowned Baron Batch
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Asking Price: $65,000

Cash Flow: N/A

Gross Revenue: $239,000

EBITDA: N/A

FF&E: $20,000

Inventory: $23,500

Rent: $2,000 /Month

Established: 2013

HUGE POTENTIAL smoke shop in SouthSide

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Business Description

Glassworx Smoke and Vape was been established since 2013. Since then we have been leading the glass and vape market in Pittsburgh, namely the South Side. With so many possibilities in the future for this industry now is the time get your leg in the door. We sell everything from CBD, E-ciggs, Vapes, pipes, hookah, papers, artwork, clothes, and more. Glassworx has its very own IN HOUSE glass blowing station. This opens the doors to guest artists, in house blowers, customs, lessons, etc. The smoke shop industry is thriving and with so many possibilities around the corner, this could open up a whole new potential.

Detailed Information

Location:
Pittsburgh, PA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
10/31/2019
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2000 a month rent/ optional renew in October if desired for relocation
Competition:
Prime location with very high foot traffic. East Carson St. is the #1 bar district in Pittsburgh and brings in thousands of college aged students a day. Glassworx is the longest operating smoke shop in South Side and commands a large dedicated clientele. There are few competitors in this area that carry the quality, pride, and integrity that we do at Glassworx. Glassworx has over 150 Google ratings most all 5 star.
Growth & Expansion:
There is unlimited growth potential, from adding new corner stores, to developing into a recreation state (MM), which would open the door to HUGE profit potential.
Financing:
Optional renew for lease come October.
Support & Training:
2 weeks in depth training of accounts, buying guides, trade shows, etc. Additional 1 month of consulting via telephone, or appointment.
Reason for Selling:
Relocating
Business Website:
http://www.glassworxpgh.com
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Business Listed By:
james eastley

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