Priced Below Asset Value! Turnkey Las Vegas Smoke Shop — $315K in

Listing Number: 36931-661547

Listing Details

Priced Below Asset Value! Turnkey Las Vegas Smoke Shop — $315K in
Price: $220,000
Location: North Las Vegas, Clark County, Nevada
  • Down Payment: --
  • Sales: $240,000
  • Seller's Discretionary Earnings: $0
  • Inventory: $200,000
  • Furniture, Fixtures, and Equipment: $75,000
  • Rent: $5,160
  • Employees: 2
  • Year Established: 2026
  • Reason for Selling: Other interests

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For More Information About This Listing
Carolyn Johnson
License # Broker LIC#: B.1002101.CORP/BUSB.0006884.BKR
CBI
President's Club

Business Description

Rare opportunity to acquire a brand-new, fully built-out smoke and hookah shop in a busy Las Vegas shopping center — priced below the value of the assets alone. Opened in 2026 with no expense spared, the owner must now sell due to unforeseen circumstances, and his loss is your gain.
The sale includes approximately $315,000 in total assets: roughly $200,000 in fresh, retail-ready inventory, $75,000 in furniture, fixtures, and equipment, and $40,000 in leasehold improvements — all transferring at the $220,000 asking price. Every dollar of permitting, licensing, build-out, and opening costs has already been spent. A buyer simply walks in, turns the key, and starts selling day one.
The business operates from a 2,000-square-foot retail space with attractive, below-market rent of approximately $5,160 per month, all-in. The lease grants the exclusive right to operate as the only smoke shop in the entire center — no competitor can open next door — and runs through mid-2031 with two 5-year renewal options for long-term security.
Sales are already pacing at $240,000 annually in the first year of operation, with significant upside through extended hours, delivery apps, loyalty programs, and social media marketing. This is a true turnkey opportunity at a price that effectively hands you the store's build-out for free. Opportunities like this do not last — inquire today.

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