Aladdin Smoke Shop For Sale

Business Opportunity for Sale
Catylist Listing ID: 30877076
Property Subtypes: Retail Stores
Building Size (RSF): See Agent
Sale Price: $225,000
Name of Establishment: Aladdin Smoke Shop
Business Website Address: https://www.yelp.com/biz/aladdin-smoke-shop-and-novelties-panama
Year Business Established: 2024
Gross Revenue: $0 (Annual)
Cash Flow: $216,000 (Annual)
Relocatable Business: Yes
Sale Terms: This Sale is an Business Acquisition ONLY-NOT INCLUDING REAL PROPERTY
Last Updated: 9/1/2024

Overview / Comments

Discover a lucrative business acquisition with Aladdin Smoke Shop, a thriving and well-established retail business in the heart of Panama City, FL. This smoke shop is a premier destination for a diverse clientele, from casual shoppers to dedicated enthusiasts, all drawn to its extensive selection of smoking and vaping products. Aladdin Smoke Shop offers a wide range of high-margin items, including premium glassware, top-tier vaporizers, hookahs, CBD products, and an array of tobacco accessories.

What sets Aladdin Smoke Shop apart is its reputation for quality and authenticity, backed by a loyal customer base and consistent foot traffic. The shop’s knowledgeable and friendly staff create an inviting atmosphere, guiding customers through a tailored shopping experience that keeps them coming back. Located in a prime area with excellent visibility, this business is perfectly positioned for continued growth and success.

This is an exceptional opportunity to acquire a turnkey business with a strong brand, a proven track record, and significant upside potential. Whether you’re an investor looking to expand your portfolio or an entrepreneur ready to step into a profitable venture, Aladdin Smoke Shop offers a solid foundation and a pathway to sustained profitability. Don’t miss out on owning a top-tier business in a high-demand market!

Additional Details

Nearest MSA: Panama City
County: Bay
Industry Segment: Other Retail Stores
Reason for Selling: Owner is selling because it has become hard for her to run business in florida as she lives in Maryland. She currently has several businesses in Maryland which would prevent her from moving to Florida and run this business.
Value of Inventory Included ($): $225,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Owner is leasing the current building for $1800/m. Owner of the property is interested in continuing the lease with new owner of business.
Competition/Market Description: No Competition in the area.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,714 49,494 87,818
Median Age: 40.1 39.7 39.89
Households: 2,261 20,798 36,193

Contact

Photograph of Listing Agent

Elijah Alexander-Dash

Alliance Real Estate Gulf Coast CMLS Member
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