Vape and Smoke Shop for Sale in Queens, NY

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Financial Details

Asking Price:
$95,000
Annual Revenue:
$150,000
Cash Flow / SDE:
$50,000
Profit Metric:
Cash Flow
Valuation Multiple:
1.9x
Location:
Queens, NY, US
Source:
Date:
September 15, 2025

Key Highlights

Prime location in Queens with high foot traffic and nearly 250 five-star reviews.
Established business with all necessary licenses (E-Cig, CBD Hemp Retail) and potential to add lottery, beer, ATM, and tobacco.
Motivated seller due to relocation, offering a great opportunity with very low rent and potential for seller financing.

Description

This is an established Vape and Smoke Shop located in a high-traffic area of Queens, NY. The business boasts nearly 250 five-star reviews and holds both an Electronic Cigarette license and a CBD Hemp Retail license in good standing. It offers a wide range of E-Cig products, E-liquids, Pod devices, and CBD products, supported by an established website. The shop is recognized as a premier vape destination in Queens. The current owner is motivated to sell due to relocation, presenting a unique opportunity for a buyer. Potential revenue streams can be expanded by adding Lotto, beer, ATM machines, and tobacco products, as well as opening on Sundays. The business benefits from very low rent. The owner may consider holding a note for a qualified buyer. Furthermore, with existing E-Cig licensing, the business is eligible to apply for a marijuana dispensary license.

Industry Information

Industry Description:
Vape and Smoke Shop
Classification:
Retail

Operational Snapshot

Reason for Selling:
Relocation

Real Estate & Lease

Status:
Available On Request

Listing Details

Listing ID:
d4cce1fc-b085-4a64-bfcf-0619a15cc629
Source Listing ID:
34972
Deal Status:
For Sale
Date Posted:
November 26, 2022
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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