Owner-Absentee 3-Store Portfolio in Miami Florida - Business for Sale
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Three-Store Smoke Shop & Vape Retail Portfolio in Miami, FL
Miami, FL, US
Added 2 days ago
Specialty Retail - Smoke Shop / Vape & Accessories
5 years in business
Absentee / Semi-Absentee
This business operates three owner-absentee smoke shop and vape accessory retail stores in Miami, Florida, serving students, residents, tourists, and office workers from high-traffic locations.
Key Information
Asking
$2.8M
Revenue
$3.8M
Earnings
$1.0M
Multiple
2.6x
Key Highlights
- Three-store smoke shop and vape accessory portfolio in Miami, FL
- Founded in 2021; 5 years in operation
- Owner-absentee operation; fully staffed
- 20,000+ CRM contacts with 70%+ customer retention and ~500 daily walk-ins
- Two locations are grandfathered under zoning ordinances limiting new nearby smoke shops
- Seller open to 15% seller financing (~$412,500)
- Real estate not included; all locations are leased
- Newest store opened in late 2024 and is still ramping
- Deal requires a 2% buy-side fee (contingent)
Contact Info
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