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Established Tobacco and Smoke Shop

Off-Market

Los Lunas, NM

Established Tobacco And Smoke ShopThe Business Was One Of The First Smoke Shops In The Community And Has Built A Strong Local Presence And Loyal Customer Base. The Current Owners Acquired The Business Approximately 10 Years Ago.

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Revenue

$550,000

Earnings (SDE)

$216,000

Margin

39.3%

Year Established

2009

Listed

Past 24h

Customers

Primarily adult consumers from Los Lunas and surrounding communities purchasing tobacco and smoke shop products. The business serves a broad local customer base and benefits from its longstanding reputation and familiarity within the community.

Customer Acquisition

Primarily through word of mouth and its established local reputation. The store also conducts limited local advertising and uses Facebook and Snapchat to promote deals and special offers.

Team

The business is operated by the owner, a business partner, and one recently hired part-time employee. The owner and business partner are directly involved in operations.

Owner's Role

The owner is actively involved in daily operations, including purchasing inventory, stocking merchandise, assisting with sales, and overseeing general store activities.

Reason for Selling

The owner plans to relocate outside the United States and is looking to sell his retail businesses before moving.

Contracts

No

Real Estate

No

When Are You Looking to Sell

ASAP

Licenses Required

Yes. The owner stated that a New Mexico tobacco retail license is required

Additional Notes

The business carries approximately $400,000 in inventory. The business was one of the first smoke shops in the community and has built a strong local presence and loyal customer base. The current owners acquired the business approximately 10 years ago.

Business ID: 2158

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