Gift shop & Smoke Shop

Gift shop & Smoke Shop

Available

$199,000.00

Listing Number :

 6260

Status :

Expired

Price :

$199000

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Area

1500

Description

1500q.ft. Store located in a crowded shopping center and a high traffic Street is for Sale. The store carries a wide variety of items and smoke products.  Asking  price includes all the fixtures, pos machine and 16 Security Cameras. Rent is $3,660/m with 4 years lease and option to renew for another 5 years. Seller claims Gross Income is about $400,000 and  seller also claims Net income of $120,000 a year.

6260

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased: 2018
Business Type: Retail Gift Shop & Smoke Shop
License(s) Required: Business, Tobbacco
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  Possible
Office Listing Number: 6260
Date Available: 6/12/2019
Reason For Sale: Moving out of State.
Annual Total Revenue: 396000
Annual Net Income: 80000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 3660/m
Lease Expires: 2023
Lease Option: 1 x 5 years Option
NNN:
 
Financing Information
Down Payment: 199000
Owner Will Carry:
Other Finance Terms:

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