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Asking Price$7,999,900
Revenue$13,373,900 Established2011
Cash Flow$0 Employees3 full-time
FF&E$0 FranchiseNo
Inventory$0 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This smoke shop and mini grocery store is located on a very high traffic street. Lots of apartments, condos and businesses all around this store so lots of people to cater to. The monthly lease is very low even with the triple net included it is still well below $2,000 per month. Owner also still has a five year option left so new owner can be assured of a very exceptionally low lease for a long time to come. This smoke shop has very good signage and visibility from the street. About 8 to 10 parking spaces so great for your customers. This is a very strong cash business. Not a franchise so no restrictions to follow and no royalties to pay. You’re free to set your own business hours and change the concept and or products and services offered to better cater to your customer base and neighborhood. Current owner has been here at this location for 5 years and has established a solid customer base. Seller has good rapport with many repeat customers. Ways to expand the sales is for new owner to take a more business like approach to operating this business. Also this smoke shop does a lot of tobacco sales but current owner does not carry enough inventory of tobacco pipes and other tobacco products. Just a small inventory of E- Cigarette juices and supplies. Another area that could expand is the beer sales. The seller has plenty of refrigerated display cases but really not enough beer inventory so new owner could really expand the sales by increasing the inventory of the beer and tobacco products. Lots of shelf room to expand the product line about 1600 square feet. This is also a great opportunity for new owner to create his own niche specialty market because of the great high traffic location and low monthly lease. Seller has baby daughter so is very motivated to make a deal. With a full price offer seller will give buyer a deal on the inventory.
Facilities:Great low lease and has lots of time left on it so new owner can have peace of mind for years to come. Just $1,750. Per month and that is with triple net included, so well below $2,000. Just a couple days of sales and you got your monthly lease bill paid. Has a 5 year option too. Triple net includes electric, gas, water and garbage. About 1600 square feet, lots of refrigerated display cases. Plenty of parking.
Competition:Ways to expand the sales is for new owner to take a more business like approach to operating this business. Also this smoke shop does a lot of tobacco sales but current owner does not carry enough inventory of tobacco pipes and other tobacco products. Just a small inventory of E- Cigarette juices and supplies. Another area that could expand is the beer sales. The seller has plenty of refrigerated display cases but really not enough beer inventory so new owner could really expand the sales by increasing the inventory of the beer and tobacco products. Lots of shelf room to expand the product line about 1600 square feet. This is also a great opportunity for new owner to create his own niche specialty market because of the great high traffic location and low monthly lease.
Sale Reason:to take care of her infant baby
Ad #86419
Seller Reference #dseasysg
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Contact This Seller
Coldwell Banker Bain
425-890-9208
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