Profitable hookah distribution

Miami, FL
listing image
Asking Price:$3,200,000
Gross Revenue:$1,850,000
Rent:$6,300/Month
Established Year:2019
Cash Flow:$190,000
Inventory:$900,000
EBITDA:$500,000
BUSINESS DESCRIPTION

Specialized

**Business for Sale: Premium Hookah Products Company with Established Client Base and Strong Revenue**

**Overview:**
GT Hookah (www.gthookah.com) is a thriving e-commerce business specializing in premium hookah products, accessories, and tobacco-related items. The business boasts a sleek, user-friendly website and has cultivated a loyal customer base of over 800 clients, generating $2 million in annual revenue. The company is well-positioned in the market, offering a range of products tailored to individual consumers, wholesalers, and lounges. Stock has grown from $120.000 in early 2021 to $900.000 in 2024.

**Key Features:**
- **Strong Client Base**: Over 800 active clients, including both individual consumers and bulk buyers such as hookah lounges and resellers.
- **Impressive Revenue**: The business consistently generates $2 million in annual revenue, making it a highly profitable venture.
- **Preferential Brand Agreements**: GT Hookah has secured preferential agreements with various well-known hookah brands, allowing for exclusive deals and better pricing structures.
- **Diverse Product Offering**: The business offers an extensive selection of hookahs, accessories, and premium tobacco products, catering to casual smokers and enthusiasts alike.
- **Established Supplier Relationships**: Long-standing partnerships with reputable suppliers ensure consistent inventory and competitive pricing.
- **Scalable Online Operations**: With its established online presence, the business is highly scalable and ready for expansion into additional product lines, markets, or regions.
- **Automated Systems**: The website features automated systems for order processing and inventory management, allowing for streamlined operations and reduced hands-on management.

**Growth Opportunities:**
- **Market Expansion**: The business has potential for geographic and product line expansion, particularly in international markets.
- **Brand Partnerships**: Additional partnerships with new brands or exclusive product lines can further increase profitability.
- **Wholesale Opportunities**: Increased focus on partnerships with lounges and cafes, or offering bulk discounts, could drive additional revenue streams.

**Financials:**
- **Revenue**: $2 million in annual sales.
- **Client Base**: Over 800 active clients.
- **Exclusive Agreements**: Preferential pricing and registration with major brands, providing a competitive edge.
- **Assets**: Around 1M in assets

**Reason for Sale:**
The current owner is shifting focus to other ventures and is offering this lucrative business for sale to an entrepreneur or investor interested in the rapidly growing hookah industry.

**Asking Price**: 2.5M

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DETAILED INFORMATION
Location
Miami, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,000
Employees
7
Competition
Usa and latam. Our foal past years has been focus on growing our stock from $120.000 in 2021 to around $900.000 in 2024
Growth & Expansion
The company has experienced consistent growth of 20-40% annually since its inception, driven primarily by strong customer demand, a growing client base, and solid brand partnerships. This growth has been achieved without any external loans or credit, indicating strong financial health and operational efficiency. However, the business is currently operating under stock limitation. With an infusion of capital, the company could invest in expanding its inventory, allowing it to fully meet client demand and significantly increase its sales volume.
Support & Training
6 months paid support for operational agreement
Reason for Selling
Ownership want to move back to his natalCountry

BUSINESS LOCATION
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Guillermo Fernandez
Guillermo Fernandez