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Asking Price$595,000
Revenue$763,930 Established1976
Cash Flow$234,870 Employees1 full-time
FF&E$30,000* FranchiseNo
Inventory$150,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Stag is Santa Fe's destination for sophisticated gifts, additive-free tobacco, artisanal gourmet chocolates, e-cigarettes and more. This recession-proof business has capitalized on its loyal, repeat customers to expand the definition of a cigar shop, create cross-selling opportunities, and attract non-smokers. Word-of-mouth referrals and targeted Facebook ads brings customers through the door. Great customer service and a bright, welcoming environment keeps them coming back.
Competition:Stag is consistently voted #1 in its class in the Santa Fe Reporter’s annual readers poll. Cigar and vape shops come and go, but Stag has been part of the Santa Fe community for over 40 years.
Growth Potential:Since 2010, Stag has enjoyed an annual growth rated of 8% per year. 2017 was the best year on record, with an 18% increase in sales over the previous year. This year is on track to outdo 2017.
Training/Support:The seller is dedicated to providing a smooth transition. Details to be negotiated.
Sale Reason:Seller will retire and relocate.
Ad #102323
Seller Reference #SANTAFE001-N181
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Michael Greene
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