$217,500 NET Per Year Absentee-Run Busy Smoke Shop in a Busy Center!

Asking Price$800,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$915,000

Inventory$150,000
Included in asking price
FF&E$75,000
Included in asking price
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$217,500 NET Per Year Absentee-Run Busy Smoke Shop in a Busy Center!


Asking Price$800,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$915,000

Inventory$150,000
Included in asking price
FF&E$75,000
Included in asking price

Seller Financing Available
Business Description
Amazing Location and Seller Financing Terms!!!
Try and find a store with prove-able over $200,000 annual profit and a lease of only $5250 per month for 1600 sq.ft. and $150,000 in inventory included in the price and you wont find it until now especially an absentee-run store. Seller has years worth of records and confident by the numbers. Producing over $75,000 in gross sales monthly as well as a take home of $18,000+ per month and at this price it will be gone quick. The shop also boasts all the shelving and showcases you will need as well as a humidifier room for cigars. The lease is spectacular as well at only $5250 with 2 years left and a 5 year option as well. Currently has two employees in place that runs the store to perfection and can be ran absentee or semi- absentee its up to you. The owner will also transfer all the vendor contacts as he receives enormous discounts on all the inventory. Also the owner has contract with all the major tobacco brands as well as vape(electronic cigarette) equipment and liquid. The store boasts a location with major corporate drive thru tenants near by that draw tons on traffic in pad locations as well as being surrounded by national corporate tenants as well. The inventory is estimated at cost at about $150,000 and is included in the price. The Seller is also offering great financing terms with $400,000 down and $400,000 with 4 years at 6.5%. Hurry up this wont last.
About the Business
Facilities & Assets
1600 sq.ft. storefront in a busy center in a standalone anchor building with great traffic surrounding it.
Opportunities for Growth
Tons of room for growth with an owner that will run it themselves.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
Rent
$5,250.00 per month
About the Sale
Transition Support
2 Weeks after Sale
Financing Options
$400,000 down and $400,000 with 4 years at 6.5%
Listing Info
ID
2463727
Listing Views
81

Contact Seller

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Business Listed by: Mike Darmo American Realty Brokers

Listing ID: 2463727 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. See our full Terms of Use. Learn how to avoid scams.


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