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Modern Smoke & Convenience Store - High Margins! For Sale

Portsmouth, VA

$160K
Asking Price
$180K
Revenue
$84K
Cash Flow

Overview

Step into a modern, fully operational Smoke & Convenience Store strategically located in Portsmouth, VA. This business combines high-demand smoke and vape products with convenience-store style retail, creating consistent daily traffic and strong repeat customer activity. The store offers a curated mix of vape products, hookah items, smoking accessories, beverages, snacks, and impulse-buy merchandise in a clean, modern retail environment designed to maximize customer spending and retention.
What makes this opportunity stand out is the combination of low overhead and strong margins. With rent at only approximately $1,250/month, this owner-operated business has generated approximately $180K+ in annual sales while maintaining attractive profit margins and simple day-to-day operations. The business currently operates with no employees, making it ideal for an owner-operator or investor looking for a scalable retail concept with minimal staffing complexity.
The location benefits from steady local traffic, extended operating hours (7AM–11PM), and a growing customer base supported by strong online reviews and repeat business. A new owner can immediately increase revenue by expanding inventory, adding delivery platforms, implementing digital marketing, or extending product categories. This is a turnkey opportunity for someone looking to enter the high-demand smoke and convenience retail sector with an established setup already in place.

Key Details

Year Established2025
StateVA
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