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Highly Profitable Smoke Shop – Winnebago County

Winnebago County, IL

Seller Financing Available

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Asking Price:$140,000
Gross Revenue:$400,000
Rent:$1,248
Established Year:2021
Cash Flow:$115,824
Inventory:$90,000
FF&E:$200,000
Listing ID: 2312427Listing provided by BizBuySell
BUSINESS DESCRIPTION

Highly Profitable Smoke Shop – Winnebago County

This well-established smoke shop, located in Winnebago County, IL has been serving the community for over four years. Known for its unique, art-focused setup, the shop offers a variety of high-demand products, including vapes, blunts, leafs, raw tobacco, and more. Its reputation for excellent customer service and premium products has cultivated a loyal customer base.

The business occupies about 1,200 sq ft space with a favorable lease of $1,248/month. The shop operates with strong community ties and a clean, well-maintained environment, ensuring a positive relationship with the city.

With a steady monthly revenue of approximately $34,000 and a net profit of about $10,000, the business is positioned as a lucrative investment. Inventory is sourced from reputable suppliers in California, offering legal and quality products.

Opportunities for growth abound, including introducing accessories, an ATM, and expanding product offerings to include gummies and mushrooms. The current owner, who has shifted focus due to a promotion and increased travel commitments, is motivated to transfer this thriving business to an energetic new owner.

This is an excellent chance to step into a turnkey operation with significant potential for expansion and increased profitability.

DETAILED INFORMATION
Location
Winnebago County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
31/05/2026
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates out of about 1,200 sq ft space in a visually appealing location. Designed with a focus on art, the shop offers a unique and inviting atmosphere for customers. The facility is secured with roll-up gates and a comprehensive camera system covering every corner, ensuring a safe environment for both staff and customers. The lease includes favorable terms, with a monthly rent of $1,248, which increases by only 3% annually. The layout is optimized for efficient operations and showcases products in an attractive and accessible manner
Competition
Established four years ago, this smoke shop was born out of the owner’s dream of creating a unique space that combines artistry with a diverse range of smoking products. From the very beginning, the shop focused on curating a visually appealing and inviting atmosphere, setting itself apart from traditional smoke shops. The owner invested $250,000 in the initial setup, including $25,000–$30,000 for obtaining the necessary licenses. Over the years, the shop has built a strong reputation for offering premium products, exceptional customer service
Growth & Expansion
This smoke shop is primed for expansion with several key opportunities. Adding new product lines, such as smoking accessories, gummies, or mushrooms, could attract a broader customer base and boost sales. Enhanced marketing efforts, including social media promotion and in-store events, would increase visibility and engagement. Installing an ATM could provide additional convenience for customers while generating passive income. Operational improvements, such as better inventory management and staff training, could enhance efficiency and customer service.
Support & Training
1 week
Reason for Selling
Promotion at a corporate job
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