Smoke And Paraphernalia Stores In Salt Lake County For Sale

Business description

This business consists of two well established turnkey smoke shops located on a busy street close to a University. The business boasts a premium selection of imported tobaccos and smoking accessories. With plenty of parking available, the company's upscale clientele can purchase premium cigars from your custom humidor. Located in Utah, the business has minimal competition in a city with a population of over 150,000 people. Revenues of the business have grown steadily for the past five years. Two locations afford flexibility in rotating employees and inventory. A complete surveillance system allows the owner to monitor both locations from either store and remotely from anywhere. The opportunity exists for a new owner to grow the business through additional high profit inventory. Seller may consider seller financing for a portion of the purchase price for a well qualified buyer with a substantial down payment.

Property information

Real Estate:

Lease

Premises details:

3000 sq ft, $N/A

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: 7 days a week, Hours: 9am - 10pm

Employees:

Part Time: 12

Years established:

7

Other information

Financing available:

Downpayment Required: $495,000

Furniture / Fixtures value:

$10,000 (included in the asking price)

Inventory / Stock value:

$200,000 (included in the asking price)