Established Smoke Tobacco Shop, Three Locations FL - Business for Sale
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Multi-Location Smoke Shop Retailer in Pinellas County, FL
St. Petersburg, FL, US
Added 1 day ago
Smoke Shop Retail Stores
33 years in business
Absentee / Semi-AbsenteeRetiring Owner
This business operates three smoke shops in Pinellas County, Florida, selling tobacco, THC products, kratom, vapes, glass pipes, and related merchandise, with 33 years of operating history and largely absentee ownership for the past five years.
Key Information
Asking
$1.3M
Revenue
$1.3M
Earnings
$600K
Multiple
2.1x
Key Highlights
- Three-location smoke shop business in Pinellas County, Florida, operating for approximately 33 years.
- Proposed deal structure: 80% cash at closing (~$1,022,000) and 20% seller note (~$255,500) payable in one year at 7% simple interest (total expected proceeds including interest ~$1,295,385).
- Owner owns the real estate at two locations (fully paid off); third location is leased. Real estate and inventory are excluded from the business valuation and would be negotiated separately.
- Each store operates with a manager and 3–4 employees; a distribution manager handles inventory and in-house delivery.
Contact Info
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