Established Smoke and Vape Shop – High-End Buildout, Employees in Place, Plug-and-Play!
High-End Smoke & Vape Shop for Sale – Turnkey Business with Prime Street Frontage and 36,000+ Vehicles Per Day
$85,000 - Includes all Inventory, Equipment, Assets, and Customer Database
Business Overview:
This is a rare opportunity to acquire a fully operational smoke shop with prime street frontage on Denver’s Green Mile, surrounded by dispensaries and other high-traffic, complementary businesses. In operation since 2016 and under current ownership since 2020, this store features a high-end custom buildout, reliable staff, and strong gross margins.
The business offers a diverse product mix including glass, smoke, vape, and alternative wellness products. It has successfully adapted and diversified its inventory to remain compliant with regulatory shifts around flavored nicotine sales in Denver, focusing on high-margin, compliant categories and alternative solutions, with long-term strategies in place to address potential future policy changes.
Whether you’re in the industry seeking a seamless acquisition or an owner-operator ready to grow, this turnkey business offers immediate upside.
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Business Highlights:
• Prime Location: On Denver’s Green Mile with excellent visibility and 36,000+ vehicles/day. Neighboring dispensaries and nearby synergistic businesses drive steady traffic.
• Fully Operational: Includes inventory valued at $48,000 (cost) and nearly $175,000 (full retail), as well as all assets, equipment, and tenant improvements.
• Strong Gross Margins: 70% average gross profit margin supports strong earnings potential.
• Experienced Staff in Place: Dependable and capable team currently handles day-to-day operations, ensuring a smooth ownership transition.
• Absentee-Owned: Current out-of-state owner provides minimal oversight, creating a major opportunity for an engaged owner to drive growth.
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Growth Potential:
• No Current Marketing or Advertising: Immediate upside through digital marketing, social media, ads, email campaigns, and targeted customer outreach.
• Customer Database of 6,500+: Re-engagement through direct messaging, email, loyalty programs, or promotions could rapidly boost traffic and repeat business.
• Online Presence: Launch a website, enhance Google/Yelp/Apple listings, and apply SEO to expand local reach.
• Product Expansion: Potential to introduce new categories such as functional mushrooms, nootropics, novelty items, additional wellness products, artwork, crystals, and jewelry.
• Delivery & Subscription Services: Implement local delivery, online sales, scheduled orders, or in-store pickup to drive convenience and sales.
• Wholesale Channel: Introduce a wholesale distribution channel to supply Colorado Retail locations with product categories currently focused on. There is unutilized space and warehouse shelving located in the rear of the store to facilitate this growth.
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Financial Snapshot:
• Peak Annual Sales Under Previous Ownership: $425,000
• Average Annual Sales (2022–2024): $188,000
• Average Gross Profit Margin: 70%
• Inventory Value: $48,000 (cost) / $175,000 (retail)
• FFE: $20,000
• Base Rent: $2,656.25 + NNN ($1,493.62/month, includes utilities)
• Payroll (2024): $67,000
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Why Buy This Business?
This is a unique opportunity to acquire a fully built-out smoke shop in a thriving retail corridor of Denver. With strong margins, an established customer base, and huge untapped potential, a new owner can step in and scale quickly.
Whether you're expanding your portfolio or entering as an new owner-operator this plug-and-play operation offers immediate potential and proven upside.
Close the deal today - start selling tomorrow!
Photos are representative. NDA required for specific location, additional financials, and lease details.
Serious buyers only. Submit an inquiry today.
Ad#:2365802
