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Tobacco Shop With Expansion Opportunity

83
Central Okanagan, British Columbia, Canada
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Asking Price$55,000
Revenue$450,000 Established2011
Cash Flow$45,000 Employees2 full-time
FF&EUndisclosed FranchiseNo
Inventory$80,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is a successful business with constant increasing revenues despite COVID. With multiple new product lines added to the business the revenues have significantly increased from last year.

Located in the central Okanagan, serving high quality tobacco products including:
- High-end cigars
- Pipe tobacco (both bulk and prepackaged)
- Cigarettes (both basic and specialty)
- High quality accessories
- E-cigarettes

The business has established an extensive customer base over the years. The business is currently operated as an absentee-owner. This is a great opportunity for an owner-operator or to have an increased cash flow.
Facilities:Excellent high-traffic location with 2,000 square feet of prime retail space. Includes two large store front window display areas that have been enhanced for added security. The current facility is adequate for future growth expansions. There are two private parking stalls behind the building with a reinforced heavy-duty metal door.
Growth Potential:This business is well-positioned to grow within the existing service areas by adding more industry-related products and/or mail order services. *** The additional 1,000 square feet of space, not currently used, provides a huge opportunity to expand the current operations to include more retail space or any other allowed usage. The Buyer has to do the due diligence to obtain the necessary approval to develop the unused space.***
Sale Reason:Owner is retiring
Ad #125176
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Contact This Seller
Steve Harvey
Business Finders Canada
250-491-1111
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