I have been itching to open a retail business for the last few years, and I have a good amount of money put aside for it so I am in the planning phase currently.
I want to open a smoke shop, selling glass pipes, hookahs tobacco, cigars, and some other various merch.
I have been doing a lot of planning, but the hardest thing is trying to estimate what kind of business to expect, any advice?
My goal is to have a laid back place, good selection of QUALITY glass pipes ( I know the owners of chameleon glass so that's no issue) and a good selection of hookahs and shisha. I also want a cigar room, so I can control the humidity/temp perfectly and keep them fresh.
I want to set up a small lounging area so that when the store is empty I can chill out and play some xbox or watch TV. I think this would be the dream job to be honest, selling what I know and love, and getting to work in a relaxed atmostphere where I am my own boss.
I plan on incorporating a online store as well, but only for hookahs/shisha. I know a guy who runs a online hookah site and makes $2k/month in profit from that site alone!