Established smoke and vape shop located in the highly desirable Palm Springs area, positioned on a busy street with strong visibility and consistent foot traffic. The business has built a steady customer base and benefits from its prime retail location, making it a reliable income-producing operation. The shop operates out of approximately 3,400 square feet, offering a spacious retail floor along with a large back room equipped with an overhead rolling door. This additional space presents a unique opportunity for subleasing, storage use, or expansion into complementary revenue streams. The current owner is retiring, creating an excellent opportunity for a new owner to step in and grow the business. With a net income of approximately $120,000, the foundation is already in place for continued success. There is significant upside through expanded product lines, marketing, online presence, and optimization of the unused back space. Seller is open to offers, making this an attractive opportunity for both first-time buyers and experienced operators.
Ideal Buyer
This business is ideal for an owner-operator looking to step into a profitable, established retail operation with room to grow. It is also well-suited for an investor seeking a semi-absentee opportunity by implementing staff and systems. Additionally, a smoke shop operator or retail entrepreneur could leverage existing experience to scale operations and maximize revenue.
Why This Business
• Prime location in a high-traffic Palm Springs area
• Established customer base with consistent sales
• Strong net income of approximately $120,000
• Large 3,400 sq ft space with additional income potential
• Opportunity to sublease unused back area for extra
revenue
• Seller retirement creates a smooth transition opportunity
• Significant upside through marketing, product expansion,
and operational improvements
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Established smoke and vape shop located in the highly desirable Palm Springs area, positioned on a busy street with strong visibility and consistent foot traffic. The business has built a steady customer base and benefits from its prime retail location, making it a reliable income-producing operation. The shop operates out of approximately 3,400 square feet, offering a spacious retail floor along with a large back room equipped with an overhead rolling door. This additional space presents a unique opportunity for subleasing, storage use, or expansion into complementary revenue streams. The current owner is retiring, creating an excellent opportunity for a new owner to step in and grow the business. With a net income of approximately $120,000, the foundation is already in place for continued success. There is significant upside through expanded product lines, marketing, online presence, and optimization of the unused back space. Seller is open to offers, making this an attractive opportunity for both first-time buyers and experienced operators.
Ideal Buyer
This business is ideal for an owner-operator looking to step into a profitable, established retail operation with room to grow. It is also well-suited for an investor seeking a semi-absentee opportunity by implementing staff and systems. Additionally, a smoke shop operator or retail entrepreneur could leverage existing experience to scale operations and maximize revenue.
Why This Business
• Prime location in a high-traffic Palm Springs area
• Established customer base with consistent sales
• Strong net income of approximately $120,000
• Large 3,400 sq ft space with additional income potential
• Opportunity to sublease unused back area for extra
revenue
• Seller retirement creates a smooth transition opportunity
• Significant upside through marketing, product expansion,
and operational improvements
Financial Information
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First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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