Center City Smoke Shop - Vape, Hemp, Glass and apparel

Philadelphia, PA
listing image
Asking Price:$825,000
Established Year:2010
BUSINESS DESCRIPTION

Cutting Edge, All Purpose, One stop Vape, Smoke, Glass and accessories retailer is for sale.
A Discriminating buyer who loves the industry and PROFITS will love this turn-key operation with low cost inputs and high margins.

A virtual monopoly in the heart of Center City Philadelphia, with a 10,000 member Loyalty program, 15 years of Industry Experience, and well established consistent presence in the Philadelphia market.

Ready to retire, and hand off this beauty to the next generation!
Please text (267)271-7708 to establish contact. Look forward to talking.

Average of 60-70 Transactions a day
Average transaction ~$32.00
Average Margins 75%


DETAILED INFORMATION
Location
Philadelphia, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Employees
4
Competition
Prime location, with no head to head competition. Established tobacco license (PA and Phila) with increasing Revenue growth
Growth & Expansion
Rewards and loyalty program with 10,000 customers, email and or SMS Established Ecommerce site is optional purchase
Support & Training
60 days of training, and support in established POS, Security, Buying, and HR
Reason for Selling
Retiring
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Frank Dattilo
Frank Dattilo