Smoke, Vape, Tobacco, and Cell Phone Shop - Milwaukee, WI

Milwaukee, WI
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Asking Price:$275,000
Inventory:$100,000
EBITDA:$93,000
Gross Revenue:$775,000
Rent:$4,000/Month
Established Year:2020
BUSINESS DESCRIPTION

Budget Business Brokers:

This smoke shop was established in late 2020. They offer smoke, vape, cell phone products and repair services. The business has seen a health growth in sales year-on-year in the past three years. The current average monthly sale is around $65,000.

This business is located at a popular and busy intersection location and it enjoys a loyal customer base in a due to its location that provides high visibility and foot traffic.

The business currently offers an ATM machine, lottery, vapes, cannabis products (Delta 8, 9, 10), pipes and glass, general merchandise, tobacco products, electronics, speakers, chips & soda, snakes, pre-rolls, cartridges, hookahs, wraps, tobacco products, urban apparel. Cell phone accessories and cell phone and laptop repair services are offered at the business. Moreover, they are resellers of cell phone services from the following companies: US Cellular, Verizon, Gen Mobile, Simple Mobile, Lyca Mobile.

This business currently run by two employees and a semi absentee owner.


DETAILED INFORMATION
Location
Milwaukee, WI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
30/11/2027
Employees
3
Facilities
Shopping plaza
Growth & Expansion
Significant opportunities to expand the product range and increase marketing efforts to attract more customers. With the right management and marketing efforts, there is room to grow this business further.
Support & Training
Owner will train and support for 4 weeks in and out during business hours.
Reason for Selling
Owner moving to another state
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Lou
Sabbagh
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Lou Sabbagh