Description
Take advantage of this excellent opportunity to own a well-established smoke shop franchise in high-traffic Hillsborough County. This business is ideal for an owner-operator or investor looking to step into a turnkey operation with a loyal customer base and consistent revenue. Business Highlights: Asking Price: $125,000, Franchise Fee: $29,900 (not included in asking price), Inventory: $125,000 (not included in asking price),Base Rent: $1,900/month - All in, 2024 Gross Revenue: $344,000, 2024 Total Payroll: $92,000, 2024 NOI: $123,000. This location has solid 2024 revenue and room for expansion. The lease terms are favorable, with a competitive monthly base rent that helps keep overhead costs manageable. Inventory is well-stocked and valued at $125,000. The business operates under a recognizable and growing franchise brand with support, training, and marketing included as part of the franchise system. Ideal for: Buyers looking for a franchise concept with a proven model, stable revenue, and the potential to grow either within this location or through additional units. Currently operating as a 100 perc employee-run corporate location. If you are a first-time franchise owner, transitioning to an owner-operator model can significantly reduce payroll expenses potentially saving around $4,000 to $5,000/month. Please reach out to get more information.
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School Ratings & Info
Description
Take advantage of this excellent opportunity to own a well-established smoke shop franchise in high-traffic Hillsborough County. This business is ideal for an owner-operator or investor looking to step into a turnkey operation with a loyal customer base and consistent revenue. Business Highlights: Asking Price: $125,000, Franchise Fee: $29,900 (not included in asking price), Inventory: $125,000 (not included in asking price),Base Rent: $1,900/month - All in, 2024 Gross Revenue: $344,000, 2024 Total Payroll: $92,000, 2024 NOI: $123,000. This location has solid 2024 revenue and room for expansion. The lease terms are favorable, with a competitive monthly base rent that helps keep overhead costs manageable. Inventory is well-stocked and valued at $125,000. The business operates under a recognizable and growing franchise brand with support, training, and marketing included as part of the franchise system. Ideal for: Buyers looking for a franchise concept with a proven model, stable revenue, and the potential to grow either within this location or through additional units. Currently operating as a 100 perc employee-run corporate location. If you are a first-time franchise owner, transitioning to an owner-operator model can significantly reduce payroll expenses potentially saving around $4,000 to $5,000/month. Please reach out to get more information.
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