Smoke Shop + Retail

Smoke Shop + Retail

 

$179,000.00

Listing Number :

 3671

Status :

Expired

Price :

$179000

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Area

1161

Description

established Smoke Shop in Mendocino county. This business has been in this location for the last 8 years

with high cash flow. Seller Claims: annual sales of $720000/ year and Net Income of $240,000/year
Net income is included with $4000 in Lotto and beverage sales.Great lease for a 1161sq.ft store. Rent is only
$2000/Mo. This business can be run as absentee owner. wonderful opportunity for investment.
3671
Business Information Financial Information
Ownership Type:  Partnership
Year Established: 2011
Year Purchased:
Business Type: Smoke Shop
License(s) Required: Business - Tobacco
Hours of Operation: 9am-7:30pm/ 7 Days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3671
Date Available: 03/21/2019
Reason For Sale: Getting into a New Venture
Annual Total Revenue: 720000
Annual Net Income: 240000
Inventory: 90000-100000
Monthly Payroll:
Lease Information
Base Rent: 2000 Lease expires : 2021
Lease Expires:
Lease Option: 3
NNN:
 
Financing Information
Down Payment: 179000
Owner Will Carry:
Other Finance Terms:

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