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Asking Price$75,000
RevenueUndisclosed Established2008
Cash FlowUndisclosed Employees1 full, 1 part
FF&E$25,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
More then just a retail store, this cigar shop has become the "go to" place for the fast growing community of NW Arkansas (over 100k population). With a very large, fully stocked walk in humidor (with it's own individual a/c and electronically controlled humidity) filled with premium cigars and one of  the largest selections of brier pipes and bulk pipe tobacco in Arkansas we attract a wide range of customers.  Located just 1.4 miles from the home office of Walmart and hundreds of vendors, this 1700 sq ft shop has some very unique features. There is a large comfortable sitting area for customers to enjoy a cigar or pipe as well as a private lounge area where members can enjoy a glass of whiskey or other favorite cocktail, play cards, watch TV or just relax. We have membership "Liquor Lockers" on a yearly lease to safely store members bottles, glasses etc. We also have a mini galley area for members to prepare drinks with complementary glasses, ice and mixers. We also have cold drinks and coffee for our customers enjoyment. We have a very loyal and stable clientele that keeps business consistent. Along with the sale of the business, the owner will educate/train the new owner to assure a smooth transition. The gentleman who works at our store would like to continue there as well. With over 30 yrs experience and as a former retail shop owner, he is considered a tremendous asset. The business itself and inventory are what is being sold, not the building. But with a long term favorable lease and option to renew and potential to purchase the building in the future if desired, the new owner will have multiple options. A Non-Disclosure Agreement will need to be signed prior to any in-depth proprietary information given. Asking Price is for business, inventory additional at the time of sale. At this time we estimate a minimum of 50k on top of selling price, which may be negotiable. https://www.facebook.com/RomeosPipe/
Facilities:Being located directly on N Walton Blvd. with an excess of 20,000 cars passing daily offers good visibility and access with on site parking. As far as we are aware, WE ARE THE ONLY EXISTING STAND ALONE SMOKE SHOP IN THIS REGION. This is critical as smoking laws do change and may in the future limit smoking in strip mall locations. This is one of the main reasons why we choose this location. It is also important to note that Bentonville is an extremely safe area, which is important when a business is open in the evenings.
Competition:We are the only traditional Cigar shop north of Fayetteville, Ar and south of Joplin, MO. There is a cigar bar/lounge in the area but located close to hotels focusing on business travel with bar hours. Our focus has always been on businessmen, residents and long term clientele but we also have a busy repeat business with traveling vendors.
Growth Potential:Our location is directly in the center of the North Walton Corridor Enhancement Plan which began in 2013. With millions being poured into the NW Arkansas area, mostly by the Walton Foundation, the population and tourism is increasing at a steady pace. The new world class museum Crystal Bridges is less then 3 miles from our location. There has been no economic slowdowns in this area due to the unique business profile and strong economy (Walmart, JB Hunt, Tyson, Glad, Bekaert, PAM Transport to name a few).
Training/Support:Owner will train directly as needed. A highly qualified employee can stay on to manage or assist in running the day to day business.
Seller Financing:No seller financing
Sale Reason:The owner has had several serious health issues arise has chosen to retire at the time of sale.
Ad #87040
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Frank or Pamela Romeo
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