$100,000

Los Angeles County
DESCRIPTION

This smoke shop for sale has been established for over 24 years and has a solid reputation within the community.

Located in a bustling shopping center anchored by Food 4 Less and Rite Aid Pharmacy, the shop benefits from significant foot traffic from new and repeat customers.

The current owner is seeking a motivated buyer to take over the business, as they are occupied with other ventures and have employees running the store.

With a current net income of over $96,000 per year, this business specializes in selling Lotto and Scratchers and has even sold a winning ticket in the past. Additionally, the store offers a diverse range of products, including cigarettes, gift items, tobacco, hookahs, pipes, electronic cigarettes, vaporizers, incense, incense oil, accessories, energy drinks, and more.

For showings, please contact HARRY PATEL at Tel: (562) 230-1193. However, please do not engage with the employees, as the current owner is absent from the business and relies on their staff to operate the shop.

LISTING DETAILS

Down Payment: $100,000

Total Sales: $1,440,000

Cash Flow: $96,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $10,000

FFE Included: Yes

Inventory: $75,000

Inventory Included: No

OPERATION

Year Established: 1998

Days & Hours of Operation: 7 Days (Mon-Sat: 10am to 7pm) / (Sun: 10am to 5pm)

Owner Hours Per Week: 5 Hours a Week

Non-Owner Payroll: N/A

Employees: 2

Absentee Owner: No

Lease Option: Available to Qualified Buyer

LOCATION

Real Estate: N/A

Monthly Rent: $7,000

Type of Location: Shopping Center

Square Footage: 1564

SUMMARY

Reason For Sale:

Busy With Other Business Interest

Agent Details

HEMENDRA PATEL

  • (562) 230-1193

NDA Form

Please fill up required information in NDA form & sign it and send it to email: harrypatelvrbb@gmail.com

NDA Form Download