DescriptionOverview:
This profitable Smoke Shop in Houston offers an excellent opportunity for a new owner to take over a high-margin, turnkey business in a prime location. The store is well-established and has been generating strong sales, operating with a solid profit margin. Positioned next to a busy gas station, it benefits from high foot traffic and repeat customers.
This is an ideal business for an investor or owner-operator looking for a low-overhead, high-profit operation. With a strong gross margin and a prime location, this smoke shop is ready for continued success.
Financials:
Gross Sales: $25,000 per month
Gross Profit Margin: 55%
Monthly Rent: $2,200
Monthly Payroll: $4,000
Key Features:
High Profit Margin: Enjoy a strong 55% gross profit margin.
Prime Location: Located next to a busy gas station with high customer traffic.
Strong Sales: Consistent monthly sales of $25,000.
Flexible Lease Terms: 1 year remaining with a 3-year option to extend.
Low Overhead: Reasonable rent and payroll costs, contributing to high profitability.
Why This Business?
This smoke shop offers a great opportunity to step into a profitable business with minimal overhead. The high gross profit margin and steady sales provide a solid foundation for growth, while its location next to a gas station ensures a steady stream of customers. The lease terms offer flexibility, making this a great investment for both new and experienced owners.