4005 W 182nd Street, Torrance, CA 90504

$195,000
List Price
$195,000
Status
ACTIVE
MLS#
IV24063496
Days on Market
15
Property Type
Investment

Property Description

Welcome to an exciting opportunity to acquire a well-established smoke and vape shop located at 4005 West 182nd Street, Torrance, CA 90504. Lowkey Smoke & Vape has been serving the local community for several years, offering a wide range of tobacco products, vaping supplies, accessories, and more. The shop has ample parking spaces making stops for customers easy. Lowkey Smoke & Vape would be great for someone wanting to start in this type of business, with as little of experience or an experienced entrepreneur since the business is low maintenance and has lots of potential and room for more merchandise. This smoke shop is waiting for you! Key Features: Prime Location: Strategically situated in a high-traffic area in Torrance, CA, this smoke and vape shop enjoys excellent visibility and accessibility. Diverse Inventory: The store carries an extensive selection of products including cigarettes, cigars, e-cigarettes, vaping liquids, hookahs, pipes, and accessories. Loyal Customer Base: Benefit from a loyal customer base comprised of local residents, vaping enthusiasts, and visitors to the area. Spacious Layout: The shop features a well-organized layout providing customers with a comfortable shopping experience. Knowledgeable Staff: The experienced and knowledgeable staff members are dedicated to providing excellent customer service and product recommendations. Turnkey Operation: The business is fully equipped with shelving, display cases, POS systems, and other essential fixtures. Growth Potential: Opportunities for growth include expanding product offerings, implementing an online sales platform, and enhancing marketing efforts. Financial Information: Annual Revenue: $465,000 Cash Flow: $35,000 (2023 included several large one-time expenses or cash flow would have been approx. $65,000) Asking Price: $195,000 (includes inventory, fixtures, and goodwill) Reason for Selling: The current owners want to liquidate their interests and are seeking a motivated buyer to continue the success of this thriving smoke and vape shop. Don't miss out on this rare opportunity to own a well-established smoke and vape shop in a prime location. Contact us today to learn more and schedule a confidential viewing. Please don't disturb employees, if you need more information, please contact the listing agent. IMPORTANT - PLEASE READ CAREFULLY - A signed NDA & PROOF OF FUNDS are needed to answer any questions (financials, staff, inventory etc.).

Additional Information

Attached Structure
Detached
Operating Expense
430410

Listing courtesy of Listing Agent: YACOUB FARSAKH (jfarsakh@gmail.com) from Listing Office: CENTRAL PACIFIC PROPERTIES.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.