Profitable hookah distribution
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 |
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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