For Sale
$59,999

2614 Federal HwyFort Lauderdale, FL 33306

Established Cigar & Vape Shop - Motivated Seller

Overview

Added:
Dec 11, 2024
Days on market:
117
This turn-key retail space, located at 2614 N Federal Hwy in Fort Lauderdale, Florida (zip code 33306), is listed at $59,999. The property is a well-established cigar and tobacco shop, operating successfully for 25 years, with the recent addition of vape products. The business features a built-in humidor, showcasing a commitment to quality and preservation. Its prime location within a Walgreens-anchored plaza ensures high visibility and significant foot traffic on a busy thoroughfare. Currently operating under absentee ownership, this presents a unique opportunity for a hands-on owner-operator to maximize its potential. The business's revenue and sales are projected to increase substantially with dedicated management and a focused marketing strategy, including the development of an online presence through a website and social media engagement. The motivated seller has recently reduced the asking price by $20,000, making this an exceptional value in the thriving Fort Lauderdale market. This is an ideal opportunity for an entrepreneur seeking a profitable, established business with significant growth potential. The property is situated in Broward County.

Property Details for 2614 Federal Hwy

Property type
Retail properties

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1604774
Longitude
-80.1160533
2614 Federal Hwy, Fort Lauderdale, Florida

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2614 Federal Hwy
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