Tobacco Store
| Asking Price: | $300,000 | Inventory: | $175,000 ** |
| Gross Revenue: | $1,000,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | $40,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: 25% to 35% gross profits | |||
Established tobacco store with a large lottery business. Marketing some convenience store items along with cigarette lighters and other miscelleanous items. The profit margin is very good in this business, 25% to 35%. Financial documents will be provided, by the seller, in a one on one meeting with the potential buyer. The gross income above does not include lottery sales and other miscellaneous sales. The business is a franchise but THERE IS NO FRANCHISE FEE. Additional stores can be opened within the five mile franchise area. The business is very profitable.
About the Business
Year Established:2000
Employees:2 full time -
Facilities:Very close to Indianapolis, on a high traffic volume road. Facilities are very good for a store, primarily selling tobacco. Four years left on lease. Lease options available.
Market Outlook and Competition:No close by competition. No marketing program in operation. Serving established client base. Expansion would be available to a new owner. The franchise covers a five mile area around the business location. Owner can open additional stores in the surrounding area.
About the Sale
Management Training and Support:Seller will train buyer
Reason For Selling:Retiring, to live close to family, in another state
Seller Financing:No Seller Finance. Lender finance will be available with forty percent down.
KEYWORDS: tobacco smoke cigarettes lottery franchise convenience store
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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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