Asking Price: $250,000 Gross Revenue: $300,000Cash Flow: $55,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $125,000 included in asking priceFF&E: $85,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
If you are looking for a solid smoke shop which just added a #10 liquor license that has a owner who is completely absentee then look no further. This store if ran by the owner would make a lot more net income and with the addition of the beer and wine the sales should be going up a lot more. The price does include the inventory which is estimated at cost at $125,000. The rent is also very good, the lease is only around $2400 a month for the size of the store. If you see the layout of the store it has glass shelves everywhere and a large cigar room and tons of room, also coolers have been added for the beer and wine. The store sq.ft. is about 1600 sq.ft., you can't find another deal like this
About the Business
Number of Employees:
1600 sq.ft. at the corner of a busy strip center
Growth & Expansion:
Tons of room for growth with an owner who will run it themselves with some part time employees.
$55,000 NET Fully Absentee-Run Busy Smoke Shop and Convenience Store!
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
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