Profitable 12-Location Smoke Shop Chain | $8M Revenue | Houston, TX
Turnkey acquisition opportunity for an established 12-location smoke shop and specialty retail chain serving the Greater Houston market. The business generates approximately $8 million in annual revenue and $3 million in seller’s discretionary earnings, with an experienced management team, strong customer loyalty, seller financing, and significant expansion potential.
Asking Price
Contact Agent
Rita Lulo Abinader
View listingsFinancial Information
Asking Price
$2,950,000
Gross Revenue
$8,000,000
Cash Flow
$3,000,000
EBITDA
Not Disclosed
Furniture, Fixtures & Equipment
$200,000
Inventory Value
$100,000 Included in asking price
Seller Financing
Available
Financing Notes
Seller financing is available to qualified buyers. Down payment, interest rate, amortization period, collateral requirements, and other terms are negotiable and subject to seller approval
Property Details
Location
Texas, Harris County, Texas
Real Estate
Leased
Building SF
Not Disclosed
Lease Expiration
Not Disclosed
Employee Breakdown
30 full-time · 7 part-time · 1 contractors
Rent
Not Disclosed
Established
2021
Category
Retail
Description
Turnkey acquisition opportunity for an established 12-location smoke shop and specialty retail chain serving the Greater Houston market. The business generates approximately $8 million in annual revenue and $3 million in seller’s discretionary earnings, with an experienced management team, strong customer loyalty, seller financing, and significant expansion potential.
Additional Information
Employee Notes
The business employs 38 team members across 12 locations, including 30 full-time employees, seven part-time employees, and one independent contractor. An experienced management team is currently in place and supports day-to-day operations. Buyer should confirm compensation, benefits, tenure, management responsibilities, and whether any employees are related to ownership.
Growth & Expansion
Growth opportunities include: Opening additional stores in underserved Houston-area markets Expanding into Dallas, Austin, San Antonio, and other Texas cities Increasing same-store sales Expanding customer loyalty and retention programs Improving digital advertising and social media conversion Broadening the product mix Increasing purchasing leverage and supplier discounts Centralizing additional administrative functions Developing e-commerce or compliant online sales channels Acquiring smaller independent competitors Expanding into other states
Support & Training
Current ownership will provide up to 60 days of transition support and training. Support is expected to include standard operating procedures, backend operations, inventory management, employee engagement, store operations, and management training. The exact schedule, hours, location, and scope of transition assistance should be established in the purchase agreement.
Facilities & Assets
The acquisition includes 12 established retail locations throughout the Greater Houston metropolitan area. The locations were reportedly renovated within the past six months and are strategically positioned across the market. The transaction includes approximately $200,000 in furniture, fixtures, equipment, electronic assets, and store equipment, all of which are owned outright and free of equipment debt. Approximately $100,000 in inventory is also included in the asking price. All locations are leased. Lease terms, renewal options, assignment provisions, and landlord approvals are subject to buyer review and due diligence.
Market & Competition
The company has developed a strong position within the Greater Houston specialty retail market through strategic locations, community exposure, media coverage, celebrity endorsements, customer loyalty, and an established regional brand. The business benefits from a customer database exceeding 70,000 contacts and a social media following of approximately 50,000. Its multi-location footprint and centralized operations provide advantages in purchasing, marketing, brand recognition, and customer reach. Competition includes independent smoke shops, vape retailers, convenience stores, specialty retailers, and regional multi-location operators. The company differentiates itself through its established brand, store portfolio, customer base, and market visibility.
Franchise
false
Asking Price
Contact Agent
Rita Lulo Abinader
View listingsOther business listings
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