4005 182nd Street, Torrance

$195,000

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About 4005 182nd Street

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.).

Features of 4005 182nd Street

MLS® # IV24063496
Price $195,000
Bathrooms 0.00
Acres 0.00
Type Business Opportunity
Status Active

Community Information

Address 4005 182nd Street
Area 699 - Not Defined
City Torrance
County Los Angeles
Zip Code 90504

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed April 1st, 2024
Days on Market 48
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentYacoub Farsakh
OfficeCENTRAL PACIFIC PROPERTIES

Listing Map

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