Four Smoke Shops 60 Miles Apart in Mississippi Close to New Orleans

Description

This opportunity includes four profitable smoke shops located along the Mississippi Gulf Coast within an approximately 60 mile radius. The westernmost location is about 18 miles from the Louisiana border. The stores were established in 2013 and have been operated profitably by the current owners since that time.Combined sales for all four stores reached approximately $2.4 million in 2023, with EBITDA of about $144,000. None of the current owners are involved in the daily operations. Annual salaries and wages total approximately $330,000. If a new owner and family operate most of the stores, annual SDE could exceed $300,000 by reducing salary and wage expenses by half.Seller financing may be available to a qualified buyer with a reasonable offer. Inventory valued at approximately $300,000 will be sold separately at cost.The stores specialize in the sale of cigarettes, beer, seltzers, loose tobacco, tubes, rolling papers, cigarillos, vape supplies including mods, coils, and e juice, disposable products, THC A and Delta products, hookahs, hookah tobacco, incense, candles, glass pipes, tobacco pipes, water pipes, and related products.