Tobacco Retail Franchise Business In South Dakota For Sale

Business description

Fast growing retail tobacco store, with two locations, and a third opening soon. Current owners have taken this business as far as they can, and are looking for a buyer who can take this business to the next level. Recently, the business received approval to franchise their business concept, which holds huge potential. In addition, business has secured exclusive rights locally on two lines of machines, and are in the process of expanding these rights outside of their current market. You need to see the details of this business and operation to fully appreciate the competitive advantage and potential.

Property information

Location:

Business currently leases two locations, with a third opening up in December. Locations are strategically located for their business model.

Size in square feet:

3,900

Business Operation

Expansion potential:

The recent franchise capability of this business provides a huge potential for growth. This company has received several inquiries for this in the past. Current production facility can support up to five stores, so owners working to expand this system as third store set to open in December.

Competition / Market:

Because of the success of this operation, competitors have come into the market. None of the competitors have the customer following, or have achieved the success of this business. In addition, this business holds the rights to the two best brands of automated tobacco machines in their current market, and are vying for these rights across the state and beyond.

Reasons for selling:

Other business ventures

Trading hours:

Location A: Mon-Sun 9am-11pm
Location B: Mon-Sun 9am-9pm

Employees:

13 FT

Years established:

1

Other information

Support & training:

Will train for 4 weeks @ no cost

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$1,500,000 down/$1,000,000 for 180mo @ 8%

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$63,500 (included in the asking price)