Established Smoke Shop and Tobacco Retail Store in Central Texas
Off-MarketWaco, TX
Established Smoke Shop And Tobacco Retail Business. The Business Specializes In Tobacco, Vaping Products, And Related Smoke Shop Merchandise
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$2,640,000
$792,000
30.0%
—
Past 24h
Customers
The business primarily serves local retail customers purchasing tobacco, vaping products, and related smoke shop merchandise. Its customers consist largely of walk-in shoppers and repeat customers attracted by the store's longstanding presence, established reputation, and convenient commercial location. The business benefits from strong local brand recognition and an established customer base developed over approximately 15 years.
Customer Acquisition
Primarily through word of mouth, repeat customers, Google searches, and the store's established local reputation. The business currently spends virtually nothing on advertising or formal marketing campaigns. The owner believes that introducing social media marketing, including Instagram and other online promotions, could attract additional customers and increase sales.
Team
The business currently employs three people in addition to the owner. The owner indicated that four employees would be the preferred staffing level, but one employee recently departed. The existing team manages daily retail operations, and the owner is primarily responsible for inventory procurement.
Owner's Role
The owner's primary responsibility is sourcing, purchasing, and replenishing inventory for the store. The existing employees handle day-to-day retail operations, allowing the owner to focus primarily on maintaining inventory levels and product availability.
Reason for Selling
The owner has operated the business for approximately 15 years and is looking to sell because he is tired of the ongoing responsibilities of ownership. Although employees handle most daily retail operations, he remains responsible for sourcing and purchasing inventory, which has become increasingly demanding. He is interested in stepping away from the business and reducing his workload.
Contracts
No
Real Estate
No.
When Are You Looking to Sell
Within the next 3-6 months
Licenses Required
Yes. The owner identified a tobacco retail license, vape-related license or permit, and sales tax permit as required to operate the business.
Additional Notes
The business specializes in tobacco, vaping products, and related smoke shop merchandise. It operates from a standalone retail building in a prominent commercial location. The owner estimates a profit margin of approximately 30%–32% after employee expenses, bills, and other operating costs. The business reportedly maintains approximately $600,000–$700,000 in inventory.
Business ID: 2174
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