Established smoke shop and tobacco vape house located in downtown Allentown, Pennsylvania, operating in a high-traffic area near the city center. This turnkey business opportunity generates $264,000 in annual revenue with established operations since 2024.
BUSINESS OVERVIEW:
The business operates as a full-service smoke shop offering tobacco and vape products to an established customer base. Located in a prime downtown location with strong foot traffic, the 800 square foot retail space provides excellent visibility and accessibility for customers.
FINANCIAL PERFORMANCE:
• Annual Revenue: $264,000
• Cash Flow (SDE): $18,000
• EBITDA: $21,000
• Asking Price: $250,000 (includes $40,000 inventory)
• FF&E Value: $40,000
LOCATION & LEASE TERMS:
Strategically positioned in busy downtown Allentown with high visibility and foot traffic. The business operates from an 800 square foot leased space at $1,400 per month, with lease extending through July 2030, providing stability for new ownership.
OPERATIONS:
Currently managed as an absentee-owned business with 2 employees, demonstrating the potential for hands-on owner operation to improve performance. The business serves the established Allentown market with a loyal customer base.
GROWTH POTENTIAL:
Significant opportunities exist with emerging THXA product lines and market expansion. The downtown location provides excellent potential for increased market penetration and revenue growth under dedicated ownership.
TRANSITION SUPPORT:
Seller committed to providing comprehensive handover assistance to ensure smooth business transition and operational continuity.
This represents an opportunity to acquire an established retail business in Pennsylvania's third-largest city, with strong fundamentals and growth potential in the expanding tobacco and vape market.
Ad#:2365914
