Smoke Shop + Retail Store

Smoke Shop + Retail Store

 

$225,000.00

Listing Number :

 3668

Status :

Expired

Price :

$225000

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Area

800

Description

Excellent opportunity, Cash cow. Seller Claims: Annual sales is $1,080,000 per year. Net if owner-run $168,000/year, if less-$3,500 payroll, then $126,000 take home.

great lease and the store is 800sq.ft rent is only $1100 per month.
This business can be run as absentee owner. The reason seller is selling this business is because of a long commute and
he is getting into larger venture.
3668
Business Information Financial Information
Ownership Type:  Partnership
Year Established:
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: 3668
Date Available: 03/21/2019
Reason For Sale: Going into a bigger venture
Annual Total Revenue: 1,080,000
Annual Net Income: 168,000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 1100 Lease expires : 2022
Lease Expires:
Lease Option: 5
NNN:
 
Financing Information
Down Payment: 255000
Owner Will Carry:
Other Finance Terms:

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