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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28927251

6550 SW 40th St, Miami, FL 33155

LoKation Real Estate
Listed by LoKation Real Estate
$360,000
172 days on market
Updated 172 days ago

Smoke Shop

Details
Property Type Business for Sale
Sub Type Business Only

Business for Sale

Marketing description

Established smoke shop generating exceptional returns in Miami's dynamic market. This turnkey operation demonstrates strong financial performance with $480,000 in annual revenue and impressive $270,000 in seller's discretionary earnings, representing a 56% profit margin that significantly exceeds typical retail benchmarks.

BUSINESS OVERVIEW:
This profitable smoke shop has built a solid customer base since opening, operating from a well-positioned 1,330 square foot retail space in Miami-Dade County. The business benefits from Miami's vibrant market and high foot traffic patterns.

Investment highlights

FINANCIAL HIGHLIGHTS:
• Annual Revenue: $480,000
• Cash Flow (SDE): $270,000
• Strong 56% profit margin
• $150,000 inventory included in sale price
• Lease: $4,400/month through August 2026

GROWTH POTENTIAL:
Significant revenue expansion opportunity exists as the business currently operates six days per week, remaining closed Saturdays. A new owner implementing Saturday operations could substantially increase annual revenue and profitability.

OPERATIONAL ADVANTAGES:
• Turnkey operation ready for immediate takeover
• Established customer relationships and revenue stream
• Prime Miami location with strong market demographics
• Comprehensive inventory package included
• Manageable lease terms with over two years remaining

SUPPORT & TRANSITION:
Seller provides complete training and ongoing support to ensure seamless ownership transition and continued operational success.

This represents an exceptional opportunity to acquire a profitable, established retail business in one of Florida's most dynamic markets, with clear pathways for revenue growth through expanded operating hours.

Listing Contacts

LoKation Real Estate
Listed by LoKation Real Estate

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Additional Information

Name
Klavdiya Brilliantova
License
3445915
Brokerage
LoKation Real Estate
Title
Real Estate Sales Associate
Brokerage Address
1500 East Atlantic Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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