RETAIL: Tobacco: Smoke Shop Stores - #7572
| Asking Price: | $31,000,000 | Inventory: | $6,000,000 ++ |
| Gross Revenue: | $66,646,797 | Real Estate: | n/a |
| Cash Flow: | $5,500,730 | FF&E: | $2,277,387 ++ |
| ++ included in the asking price ** not included in the asking price | |||
RETAIL: Tobacco: Smoke Shop Stores: This is the largest tobacco smoke shop chain the southern United States. The owner is wanting to slow down and is willing to sell 58 stores, the most profitable part of his operation. Each store employes 2 full-time employees and 3 part-time employees. True owners net is $5,500,000 with over $2,200,000 of FF&E this is a turn key business will all management in place and over $6,000,000 of inventory included.
About the Business
Year Established:1993
Franchise:Yes
Facilities:Lease Amount: Various by location 400 - 2,600
About the Sale
Management Training and Support:There is a management team currently in place that is willing to stay on, also training will be available to the new owner for a negotiable amount of time.
Reason For Selling:Other interests
KEYWORDS: retail, tobacco, smoke,
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