Smoke Shop Retail, Wholesale Distribution, and Manufacturing Business in Central Florida
Off-MarketFL
Retail Smoke Shops, Wholesale Distribution, And Manufacturing Business
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$35,000,000
$5,000,000
14.3%
2008
Past Month
Customers
Retail chains serve local market including hookah, pipes, vapes, and disposables. Also operates a distribution center supplying both owned stores and external smoke shops, and a gummy manufacturing facility that supplies products nationwide and internationally, with some products featuring lower-dose THC.
Customer Acquisition
No formal marketing activities have been conducted; the business maintains strong brand awareness through word-of-mouth and foot traffic in the region.
Team
Has roughly 200 employees across the three businesses.
Owner's Role
Owner is mostly absentee from the business.
Reason for Selling
The owner is looking to move full time into real estate investing and divest assets from these three businesses. Preference is to sell all three businesses (retail stores, wholesale distribution, and manufacturing facility).
Contracts
No contracts.
Real Estate
Leases most of the 40 store locations but owns several retail shops and the 23,000-square-foot wholesale building.
When Are You Looking to Sell
ASAP
Licenses Required
Business operates under standard regulatory requirements including tobacco license, occupational license, and hemp license
Additional Notes
Smoke shops generate $21 million in annual revenue. Wholesale distribution generates $8–10 million annually. The manufacturing facility generates similar revenue to the wholesale division, adding an additional $8–10 million annually.
Business ID: 1948
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