17 Mar Smoke Shop – Well Established – High Sales Volume
$100,000
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.
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
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
Real Estate: N/A
Monthly Rent: $7,000
Type of Location: Shopping Center
Square Footage: 1564
Reason For Sale:
Busy With Other Business Interest
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