Excellent opportunity to acquire a fully operational smoke shop in Portsmouth, Virginia.
The business is already open, stocked, generating revenue, and positioned for a new owner to take over operations immediately. The store offers a diversified selection of vape products, smoke accessories, glassware, beverages, snacks, and everyday products, creating multiple revenue streams and repeat customer traffic.
One of the strongest features of this opportunity is its streamlined operating structure. The business maintains relatively low overhead while producing approximately $180,000 in gross revenue and $84,000 in seller's discretionary earnings.
Approximately $60,000 of inventory is included in the asking price, giving the buyer a fully stocked operation from day one without the significant additional expense normally required to launch or restock a retail store.
The store is already equipped with the infrastructure necessary to continue operations immediately, including:
Approximately $60,000 in inventory included
Established supplier relationships and purchasing systems
Glass display cases
Wall shelving and merchandising systems
Organized product displays
Existing point-of-sale and operational systems
Established Google Business presence and customer reviews
Existing lease with renewal options
Seller transition and training assistance
This is a true turnkey acquisition for a buyer looking to enter the specialty retail industry without having to build a location from scratch.
Ad#:2547843
