Smoke Shop

Smoke Shop

Available

$39,000.00

Listing Number :

 6314

Status :

Available

Price :

$39000

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Description

This shop is only 4 years old located in the heart of little Armenia in Los Angeles. Rent is $2,320/m plus $200/m for NNN. Lease available upon landlord approval. Seller claims his gross sales about $600/ a day during Covid, it was a little higher before Covid. Lotto sales about $650/a day. Seller is not selling lotto at the moment since he had a buyer which did not pass the background check from Ca. lottery and seller had already put stop to his account. Store was opened 4 years ago. open 6 days a week. huge potential for owner operator with family!! net about $4,000 to $6,000 a month. Price includes inventory of $over 10,000. Buyer pays 5% Broker Fees

For more information please call the agent; Mike panoussi @ 661-816-1141

#6314

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased:
Business Type: Smoke Shop
License(s) Required: Business, Heath, ABC
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: N/A
Broker To Broker CoOp:  No
Office Listing Number: 6314
Date Available: 10/14/2020
Reason For Sale:
Annual Total Revenue: 172800
Annual Net Income: 60000
Inventory: 10000+
Monthly Payroll:
Lease Information
Base Rent: 2320/m
Lease Expires: new lease available upon landlord approval
Lease Option:
NNN: 200/m
 
Financing Information
Down Payment: 35000
Owner Will Carry:
Other Finance Terms:

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