Absentee-Run Smoke Shop with Property for Sale in Hartford County, CT
Financial Details
- Asking Price:
- $300,000
- Annual Revenue:
- $400,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 3.0x
- Location:
- CT, US
- Sources:
- Date:
- September 30, 2025
Key Highlights
Description
This is an absentee-run smoke shop and convenience store located in Hartford County, Connecticut, offered as a complete business and property package. The business has been in operation for 2 years and features a modern design that appeals to a loyal customer base. With $400,000 in gross revenue and $100,000 in Seller's Discretionary Earnings, this is a profitable opportunity. The asking price for the business is $300,000, which includes $75,000 in FF&E. The inventory, valued at $100,000, is not included in the asking price. The sale also includes the real estate, a 1,500 sq ft freestanding building with approximately 15 parking spaces, valued at $1,800,000, making the total package $2,100,000. This presents a rare chance to own the property and operate a turnkey business without paying rent. The seller is motivated by 'Other' reasons and will provide training to the new owner.
Industry Information
- Industry Description:
- Smoke Shop and Convenience Store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2023
- Reason for Selling:
- Other
Real Estate & Lease
- Status:
- Owned
- Real Estate Price:
- $1,800,000 USD
Assets & Inventory
- FF&E Value:
- $75,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $100,000 USD
- Includes Inventory:
- No
Broker Contact
- Company:
- Vested Business Brokers, Ltd
Listing Details
- Listing ID:
- 167dae4c-1645-46ac-ae73-f81738a64959
- Source Listing ID:
- 2419104
- Deal Status:
- For Sale
- Last Updated:
- September 30, 2025
- Currency:
- USD