Established Smoke Shop for Sale in Prime Glendale/Denver Location
Financial Details
- Asking Price:
- $175,000
- Annual Revenue:
- $421,000
- Cash Flow / SDE:
- $70,000
- Profit Metric:
- Cash Flow (Seller's Discretionary Earnings)
- Valuation Multiple:
- 2.5x
- Location:
- Glendale, CO, US
- Source:
- Date:
- November 06, 2025
Key Highlights
Description
This is an excellent opportunity to acquire an established smoke shop located in Glendale, Colorado, situated near the desirable Cherry Creek shopping district and downtown Denver. The business has been operating for 5 years and is being sold by an absentee owner, offering flexibility for a new owner to be hands-on or hands-off. Financials show $421,000 in Gross Revenue and $70,000 in Seller's Discretionary Earnings (SDE). The sale includes all Furniture, Fixtures, and Equipment (FF&E) valued at $50,000, plus $50,000 in inventory. A significant advantage is the rare, low monthly rent of $2,876 for a standalone building. The area (Zip 80224) boasts a strong average household income. Growth potential exists through implementing marketing strategies, as none have been utilized previously.
Industry Information
- Industry Description:
- Retail sale of tobacco, vape, and related products.
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2020
- Reason for Selling:
- relocating
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $2,876 USD
Assets & Inventory
- FF&E Value:
- $50,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $50,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Dooley Batnasan
- Company:
- Jamis Companies, Inc
Listing Details
- Listing ID:
- 30730695-7c61-42dd-afdd-abc53cbfedd1
- Source Listing ID:
- 2437206
- Deal Status:
- For Sale
- Last Updated:
- November 06, 2025
- Currency:
- USD