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Asking Price$150,000
Revenue$537,000 EstablishedUndisclosed
Cash Flow$65,000 Employees1 full, 2 part
FF&E$7,000 FranchiseNo
Inventory$55,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Well known smoke shop on a main street with good foot traffic surrounded by commercial business. The shop is retail and wholesale. Gross revenues are $537,000 and cash flow is $65,000 a year and have been going up. Supplies a wide selection of cigarettes - An entire roll your own line (RYO) - Tier 4 Cigarette line - Full Vaporizer Cigarette line - Supplies ****** and a small line of cigars. Shop also sells chips and candy bars. Mark of on Cigarettes 8% / Tier 4 Cigs 10% - 12% / Roll your own 33% /On many vaping items mark up is 1000% Lotto and Keno also available, the shop has everything including room for expansion. Current cash flow numbers are down from a few years ago because of street construction but now on the way back up with completion of construction and cash flow projected to continue to rise. Current owner willing to work with new owner for a month or two to ease the transition with current clientele and maybe work for new owner. Owner also owns building and wants to sell the building with the business. Building has four apartments. Building available through owner. Owner willing to negotiate price and down payment with the right buyer.
Training/Support:The seller will train the new owner.
Seller Financing:75,000.00 Down & $75,000 over 36 months at 6%
Sale Reason:Looking for a possible change or just stay on with new owner.
Ad #79840
Seller Reference #28072
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Steven Mencini
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