Smoke Shop in North Houston - Approved For Dispensary!

Houston, TX

Seller Financing Available

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Asking Price:$99,000
Gross Revenue:$288,000
Rent:$2,660/Month
FF&E:$15,000
Cash Flow:$38,400
Inventory:$35,000
EBITDA:$38,400
Established Year:2019
BUSINESS DESCRIPTION

Established in 2019, this business is strategically located in the densely populated Greenspoint area, ensuring consistent foot traffic. It generates an average monthly sales range of $22,000–$24,000 and operates efficiently with just two employees. The rent is competitively low at $2,660 per month, with an option for renewal, offering financial stability.

Approved for dispensary operations, the business is positioned for growth in a lucrative market. Additionally, $35,000 inventory is included and there's an option to finance inventory at an 8% interest rate, providing flexibility for scaling operations.

Contact broker to schedule showing today for this absentee-run business!


DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,250
Lease Expiration
31/12/2027
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Negotiable
Reason for Selling
Owner does not live in Texas
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Wanda Simmons
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Wanda Simmons