Profitable and viable Smoke Shop located east of 110 Freeway on busy boulevard in shopping center with good visibility. The store sells a full line of tobacco items and accessories plus some convenience store items. Established in 2012 sales have been consistent and continue to grow. There is room for more growth and expansion. The Seller worked the store part time and increased the sale--still room for growth.
About the Business
Number of Employees:
Building Sq. Ft.:
Business is located in 1050 sq ft retail space in shopping center on busy corner.
Business is established with nase of repeat customers. Sales are consistent.
Growth & Expansion:
Can expand with Advertisement and possibly adding to product mix.Still lots of room for growth.
Asking Price: $220,000 Gross Revenue: $1,044,000Cash Flow: $168,000EBITDA: $168,000Inventory: $90,000 not included in asking priceFF&E: $30,000 included in asking priceShare 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.
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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
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