Absentee-Run Smoke Shop with Property for Sale in Hartford County, CT

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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

Absentee-run smoke shop and convenience store with property included.
Strong financial performance with $100,000 Seller's Discretionary Earnings on $400,000 Gross Revenue.
Turnkey operation with modern design, loyal customer base, and seller training provided.

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

Features & Tags

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