Smoke Shop-Retail

Smoke Shop-Retail

 

$275,000.00

Listing Number :

 3669

Status :

Expired

Price :

$275000

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Area

800

Description

Money making, high cash flow, absentee owner, employees will stay with the future owner. the reason the owner is selling this business is
getting into a new and larger venture. Seller Claims: annual gross income of $1.4 million and net income of $349,992 per year. Store size is 800
sq.ft . Rent is only $1600 a month with 5 years option.
For more info call Agent: 415-829-3931
3669
Business Information Financial Information
Ownership Type:  Partnership
Year Established:
Year Purchased:
Business Type: Smoke Shop + Retail
License(s) Required: Business, Tobacco
Hours of Operation: 9Am-7:30Pm/ 7 days
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3669
Date Available: 03/20/2019
Reason For Sale: Getting into a new venture
Annual Total Revenue: 1080000
Annual Net Income: 180000
Inventory: 90000-100000
Monthly Payroll:
Lease Information
Base Rent: 1600 Lease expires: 2024
Lease Expires:
Lease Option: 5
NNN:
 
Financing Information
Down Payment: 275000
Owner Will Carry:
Other Finance Terms:

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