Cash Flowing Smoke Shop - Huge Upside Potential
| Asking Price: | $99,900 |
| Gross Revenue: | $148,000 |
| Rent: | $1,366/Month |
| Established Year: | 2016 |
| Cash Flow: | $32,549 |
| Inventory: | $30,000 |
| FF&E: | $25,000 |
Are you looking for a lucrative business opportunity with great potential? Look no further than this established head shop with a huge upside! This brief write up will provide you with most the information you need to know about this investment opportunity. First and foremost, let's talk cashflow. This head shop is already generating a steady stream of income nearly 30% Return for an Owner Operator, making it a profitable venture from day one. With a loyal customer base of over 1,250 registered loyalty program participants and a prime location with over 45,000 daily drivers passing by, established 8 years you can expect consistent revenue that will help you recoup your investment in no time. One of the advantages of acquiring this business is that it comes with two part time employees in place which could be consolidated for 1 full timer. This means you don't have to worry about hiring and training new staff members. The experienced team already knows the ins and outs of the business, assisting with a smooth transition. With their knowledge they can help you maintain the shop's success and even improve it further. What makes this opportunity even more exciting is the huge upside it offers. There is plenty of room for growth and expansion in the head shop industry, room to expand into a Kava / Kratom Bar, HQ Advertising through social media + online presence. By introducing new products or diversifying the shop's offerings, you can attract a wider customer base and increase profits exponentially. The potential for growth in this business is only limited by your imagination and drive. The shop's security system has been recently upgraded, including cameras, motion, etc. guaranteeing the safety of your investment. With an enhanced security system in place, you can have peace of mind knowing that your inventory and assets are well-protected. Additionally, the window display, lighting, and signage has also been upgraded, making it more visually appealing and attracting potential customers passing by. Investing in this established head shop is not just a business opportunity; it's a chance to be part of a thriving industry. With a cash-flowing business, a dedicated team, and immense potential for growth, this investment is a no-brainer for savvy entrepreneurs. Don't miss out on the chance to make a smart and profitable business investment.
Our merchant provider that we have worked with since opening in 2016 hooked us up with a brand new clover duo device with an inventory system, minimal monthly fees & a cash discount program (You are not responsible for paying monthly credit card fees). This makes tracking sales, taxes, and managing inventory seamless! Our updated system has a customer facing tablet that enables a tip option along with contactless tap-to-pay at checkout.
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