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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

Established Modern Hookah/Smoke Shop

Established Modern Hookah/Smoke Shop

Wayne County

Listing#: C2645

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Description

This is a fantastic opportunity for an owner-operator to get into a smoke shop/hookah business. This store is located on a busy road with a lot of residential homes around it. The store has been recently renovated and modernized to have an updated feel. This business has been established for many years and is well known within the area. The business has a great online reputation with over 100 reviews on Google and other platforms. They are known for having the best orange heads in the area among all other shops.

This store specializes in the sale of all types of hookah products and heads to go to the local area. They have specialty flavors of hookah tobacco and sell a lot of packaged tobacco as well. They have a large selection of items for all your smoke shop and hookah needs. The store has a great sized walk in humidor for the cigar lovers. This store has a large storage area along with a well orginized station to prepare the hookah heads.

Many of customers live within the local area and this store is their one stop shop for their smoke shop needs. The 2021 sales were $316,640.48 with a cashflow of $72,572.99. The current owner is not actively marketing the business. A new owner/operater can do creative marketing to reach new customers from a wider area. There is a lot of space in this store so a new owner can also add more Vape/Glass products to increase the sales dramatically.

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Business Overview

Revenue $316,640
Cash Flow $72,573
Inventory $50,000 +/-
Year Established 2011
Seller Financing No
Employees 0FT 2PT
Asking Price $75,000
Key Statistics
  • Hours of Operation: Mon-Thur: 11am-11pm, Fri-Sat: 11am-12am

  • Employees: 0 Full Time 2 Part Time

  • Year Established: 2011

  • Year Acquired: 2018

  • Liscence Required: Tobacco License

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $316,640

  • Source: Seller Provided Financials

  • Cash Flow: $72,573

  • Source: Seller Provided Financials

  • Inventory Value: $50

Seller Financing
Not Available


Location
  • Monthly Rent: $3,200

  • Lease Terms: Lease Expiration Date: 2023

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Disclaimer

This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.