Luxury Smoke and Cigar Retailer with Strong Market Position

Retail
Westchester County, NY
Asking Price:
$1,900,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

This upscale smoke shop offers a refined shopping environment emphasizing premium cigars, vape products, and distinctive accessories. Positioned within a bustling commercial area of Westchester County, the store benefits from both an affluent demographic and a steady influx of local and visiting customers. The shop’s sophisticated design and curated inventory distinguish it in a competitive retail segment, appealing to a clientele appreciative of quality and exclusivity. Established recently, the business has quickly gained traction, supported by a vibrant regional economy characterized by moderate growth and a high median household income. Expansion opportunities exist through broadening product lines or adding complementary services, providing avenues for increased market penetration. The current owner is committed to facilitating a smooth ownership transition, ensuring the buyer receives comprehensive operational training.

Facilities & Infrastructure

  • Interior designed with upscale finishes to enhance customer experience
  • Extensive product display areas tailored for premium tobacco and vape items
  • Ample retail space optimized for customer flow and merchandising

Property Highlights

  • High-traffic location maximizing walk-in potential
  • Layout crafted for showcasing exclusive product lines and accessories

Key Business Facts

Cash Flow
$980,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$2,400,000.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
$300,000
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 2023
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) 2.90%
U.S. Avg. +4.1%
Median Household Income $118,411
U.S. Avg. $74,600
Median Age 41.50
U.S. Avg. 38.9
Bachelor’s Degree+ 52.51%
U.S. Avg. 38%

Economy

State GDP $1,793,384M
U.S. Avg. $28.8T
GDP YoY 0.66%
U.S. Avg. +2.4%
Unemployment 3.03%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 397
U.S. Avg. 380
Property Crime / 100k 1849
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

  • Potential to introduce new categories targeting emerging customer preferences
  • Opportunity to expand service offerings to increase customer engagement

Operation & Support

  • Seller provides full training for operational continuity
  • All necessary retail permits and licenses maintained
  • Flexibility in ownership commitment to suit buyer’s management style

Lifestyle Fit

  • Ideal for buyer seeking entry into a premium retail market
  • Suitable for operators desiring hands-on involvement or growth strategy
  • Opportunity for investors interested in a professionally managed retail brand
  • Potential for remote oversight aligned with established operational protocols

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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