This turnkey smoke shop chain presents an exceptional investment opportunity with five established locations throughout El Paso, Texas. Operating since 2015, this fully absentee business generates $3.5 million in annual revenue with strong cash flow of $813,000, representing a healthy 23% margin.
Business Overview: This automated operation requires minimal owner involvement, making it ideal for investors seeking passive income. All five locations are strategically positioned in high-traffic areas throughout El Paso, benefiting from excellent visibility and customer accessibility. The business has built a strong local reputation and customer base over nearly a decade of operations.
Financial Performance: Operational Advantages: Growth Potential: The business offers significant expansion opportunities given the established brand recognition and proven operational model. The seller has identified potential for additional locations, leveraging the company's strong market presence and operational expertise. Transition Support: The current owner will provide comprehensive two-week hands-on training covering daily operations and administrative procedures.
Given the automated nature of the business, the transition process is designed to be smooth and efficient. This opportunity represents a rare chance to acquire a profitable, established multi-location business with proven systems and strong market position. The seller is retiring after building a successful operation that generates substantial returns with minimal time commitment.
- Annual Revenue: $3,500,000
- Cash Flow (SDE): $813,000
- Asking Price: $2,400,000 (2.95x cash flow multiple)
- Inventory: $900,000 (included in purchase price)
- Fully absentee operation with automated systems
- Five prime high-traffic locations
- Established brand recognition in El Paso market
- Minimal management requirements
- Strong profit margins
