Absentee-Operated Portfolio of 10 Premium Smoke and Cigar Shops

Other / Unclassified
Fairfield County, CT
Asking Price:
$4,395,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

This listing features a packaged acquisition of ten established smoke and cigar retail locations situated within affluent neighborhoods of Fairfield County, Connecticut. Each shop serves a discerning clientele with consistent demand for premium tobacco products, benefitting from the county’s high median household income and a well-educated population. Operating without direct owner oversight, these businesses present a model suited to investors or operators seeking a turnkey retail portfolio in a market known for its stable economy. The shops collectively generate notable annual revenues, reflecting solid market positioning and consumer loyalty in each locale. Located in a regional economy supported by diverse industries, the aggregate footprint offers geographic diversification and operational resilience. The seller provides training to support transition, facilitating integration into existing operational structures or enabling ownership groups to scale strategically within this localized sector.

Facilities & Infrastructure

  • Ten fully outfitted retail smoke and cigar shops
  • Complete inventory systems with premium tobacco selections
  • Included fixtures, furniture, and equipment valued at approximately $400,000

Property Highlights

  • Multi-location presence enhances customer reach and brand strength
  • Diverse neighborhood placements allow cross-market exposure

Key Business Facts

Cash Flow
$2,200,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$7,515,000.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
$400,000
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 2024
Employees N/A
Inventory
Included in asking price
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
N/A
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) N/A
U.S. Avg. +4.1%
Median Household Income $101,194
U.S. Avg. $74,600
Median Age 40.70
U.S. Avg. 38.9
Bachelor’s Degree+ 49.21%
U.S. Avg. 38%

Economy

State GDP $283,228M
U.S. Avg. $28.8T
GDP YoY 1.39%
U.S. Avg. +2.4%
Unemployment %
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 154
U.S. Avg. 380
Property Crime / 100k 1578
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Opportunities to expand product offerings and customer loyalty programs
  • Potential to increase market penetration through targeted marketing campaigns

Operation & Support

  • Seller provides comprehensive training for smooth transition
  • Standard permits and licenses required for tobacco retail included
  • Operations currently absentee-managed, ideal for investor oversight

Lifestyle Fit

  • Ideal for investors or groups seeking a portfolio of retail outlets
  • Low oversight commitment due to absentee ownership model
  • Suitable for owners focusing on high-level management and strategic growth
  • Proven systems facilitate semi-remote operational management

Process & Next Steps

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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