Smoke Accessory Shop For Sale

Business description

Smoke accessory shop in a neighborhood shopping center in Costa Mesa. The owners spent about 6 months to build up & remodel the shop & have permits to carry cigars & cigarettes. They started operating the store since January of this year.

According to the owners they have not utilized the potentials of this business & carry the products such as cigars, cigarettes, energy & cold drinks which are necessary for higher profitability of this business. They believe carrying certain inventory items, very conservatively could boost up the sale way above $100,000 a year with profit margin of over 50% on those items.

The owners spent most of their cash on the buildup of the shop & at this time do not have much left to add up more inventory of essential items for the business. This could be a good opportunity for a right buyer to utilize the potential & take the business to a higher level.

Annual Revenue: $27,000
FF&E: $3,500 (Included in the price):
Inventory: $8,00 (Included in the price)
Seller’s Discretionary Cash Flow: $14,000
Asking Price: $45,000 ( resonable offer will be accepted)

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

For more information contact Mehdi Kazerooni,
SUNBELT BUSINESS BROKERS of ORANGE COAST at ------------.
fax: ------------. email: -----@-------------.---

Property information

Real Estate:

Lease

Premises details:

$1100.00

Business Operation

Reasons for selling:

other ventures.

Years established:

1

Other information

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$3,500 (included in the asking price)

Inventory / Stock value:

$8,000 (included in the asking price)