Cigarette And Cigar Shop For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $480000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory $15000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Burn out.
Description Cigarette and cigar shop for sale near upscale part of Ventura county. Price just reduced by over 30%. This owner operated business has been established for six years and has built a loyal following. The owner strategically located the business in an area that gives him a competitive advantage and keeps out competition. The business sells cigarettes, cigars, and other tobacco and non tobacco related consumables.
The owner works full time and has no employees. This could be an ideal business for a family or a partnership. The business is located in a large shopping area with prime anchor tenants. Only about half of the current space is being utilized so a new owner could get creative and take advantage of this fact. The business was strategically located and is positioned such that there is little to no competition. The current rent is less than 10% of revenues and there might be room to lower it regarding a new lease. In any case it is the location that makes this business work. For more information about this opportunity please contact Kendric Foultz directly at 310-968-2369.
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