Established Smoke Shop for Sale in Prime Isla Verde Tourist Location
This profitable smoke shop presents an exceptional opportunity in one of Puerto Rico's most sought-after tourist destinations. Strategically positioned in front of hotels in Isla Verde, this business capitalizes on consistent high foot traffic from both tourists and locals.
Financial Performance:
- 2024 Revenue: $480,899
- 2024 Cash Flow (SDE): $278,921
- Strong profit margins demonstrating efficient operations
- 8 years of established goodwill, significantly exceeding industry standards
- Consistent revenue history since establishment in 2017
Business Operations:
- Turnkey operation with experienced management team in place
- Absentee owner model - minimal owner involvement required
- 5 dedicated employees ensuring smooth daily operations
- 1,100 sq ft retail space optimally designed for product display
- Affordable lease at $1,450/month in premium location
Assets Included:
- $135,000 in fixtures, furniture, and equipment, permits
- $15,000 inventory included in asking price
- Established supplier relationships and operational systems
Growth Potential:
- Prime tourist location offers expansion opportunities
- Current owner identifies potential to double income through enhanced marketing
- Opportunity to leverage synergies with nearby restaurant businesses
- Untapped potential in digital marketing and tourist outreach
This is an ideal acquisition for investors seeking a profitable, established business in Puerto Rico's thriving tourism market. The combination of prime location, strong financials, and absentee ownership model makes this an attractive investment opportunity.
Asking Price: ALL CASH: $150,000 , seller financed is $250,000
Ad#:2388778
