High-Volume 24/7 Smoke Shop in Los Angeles, CA - $699,000 Asking Price
Financial Details
- Asking Price:
- $699,000
- Annual Revenue:
- $1,800,000
- Cash Flow / SDE:
- $65,000
- Profit Metric:
- Monthly Net Profit
- Valuation Multiple:
- 10.8x
- Location:
- Los Angeles, CA, US
- Source:
- Date:
- September 30, 2025
Key Highlights
Description
This listing presents a high-volume, employee-run 24/7 smoke shop located in Los Angeles, California. The business boasts annual gross sales of $1,800,000 and a strong monthly net profit averaging $65,000, with an impressive profit margin of 60%. Key highlights include its continuous operation, prime high-visibility location with significant foot traffic, and a loyal customer base. The business is established and comes with a secure, long-term lease of 9 years remaining, plus an option. The asking price is $699,000, with an additional $170,000 for inventory. Notably, the seller requires a cash offer only for a swift transaction. The business includes $30,000 in FFE and is operated by 3 employees, requiring minimal owner involvement. The real estate is not included in the sale.
Industry Information
- Industry Description:
- Smoke Shop
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2024
- Employees:
- 3
- Reason for Selling:
- Family
Real Estate & Lease
- Status:
- Not_included
- Monthly Rent:
- $3,600 USD
- Lease Expiration:
- 2034
Assets & Inventory
- FF&E Value:
- $30,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $170,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Jonathan Hwang
- Company:
- VR Business Brokers Los Angeles/Artesia, CA
- Email:
- [email protected]
- Phone:
- (562) 402-2686
Listing Details
- Listing ID:
- c98a938f-ca5b-4373-8eac-2d2051e0ef23
- Source Listing ID:
- 5575 JH
- Deal Status:
- For Sale
- Last Updated:
- September 30, 2025
- Currency:
- USD