Cigar Store & Private Club
| Asking Price: | $375,000 | Inventory: | $100,000 ++ |
| Gross Revenue: | $424,250 | Real Estate: | n/a |
| Cash Flow: | $95,663 | FF&E: | $120,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
At first pass, this business may appear to be just another tobacco store but once you take a closer look you can see just how unique it really is and why it has shown year-over-year growth every year since opening - even in 2008 and 2009! This store prides itself on being the biggest cigar retailer with the largest selection of quality cigars in the Metroplex. They retail the finest cigar brands coming from more than 20 manufacturers in the Dominican Republic, Nicaragua and Honduras. Many of these vendor relationships are exclusive to the market, giving this store access to rare and specialty products other local retailers can not stock. In addition to its huge selection of cigars, the store also sells accessories, such as lighters, humidors and cutters, as well as pipes, pipe tobacco and pipe accessories. To call this business just a store does not do it justice. It also offers patrons access to a private club membership, which provides members with a 10% discount in the store, unlimited usage of the private lounge, on-site Wi-Fi, access to rental lockers in the store s humidor and other benefits. Currently there are nearly 100 members paying a $150 annual fee. This membership has become increasingly popular due to the city s recent ban on smoking in public areas, as the store has been excluded from the ban. For further information, please complete our Non-disclosure Agreement at http://www.vrbigd.com/nda. Jeremy Furtick can be contacted by email at jeremy@vrbigd.com or by phone at 972-792-0100.
“For up-to-the-minute business updates on VR's current, new and pending listings, follow VR at http://www.twitter.com/vrhuntingtonbg.”
“For up-to-the-minute business updates on VR's current, new and pending listings, follow VR at http://www.twitter.com/vrhuntingtonbg.”
About the Business
Year Established:2002
Employees:3 full time -
Facilities:The business operates in an 1,800 sq. ft. space that includes a state-of-the-art walk-in humidor, public lounge and members-only club room.
Market Outlook and Competition:This operation is one-of-a-kind. It is the largest and most well-stocked specialty cigar and pipe store in the DFW area. There is no competition in the immediate area. The store's trade area sits in a part of the Metroplex that is still growing, both residentially and commercially, with some exciting new professional and retail facilities going up right next to them. Based solely on the continued expansion of the immediate area, the store will grow naturally, as it has for the past five years. The owner sees a huge opportunity for the store to obtain a liquor license and begin serving alcohol. Because of the nature of the store and the private club, he believes an additional 25% could be added to revenue immediately if alcohol was available for purchase.
About the Sale
Management Training and Support:Seller will provide any training needed for the new owners.
Reason For Selling:Moving out of the country.
Seller Financing:Seller will consider all reasonable financing offers.
KEYWORDS: Tobacco store, Cigar Retailer, Humidors, Pipes, Pipe tobacco, Dallas Business Broker
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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