Wholesale and Retail Tobacco Business For Sale

Business description

Business was established in 1980. The Present owners have opened 4 additional retail stores. The inside store revenues have grown over 55%. The installed business model will allow for continued growth at or above the current rate. They have implemented a control system using state of the art point of sale software with centralized control and reporting. Security system is a digital DVR system with 16 camera, audio, and remote camera capability. Base on the low cost of entry and the current distribution methods and systems, a new buyer could easily double the number of retail locations in less than 5 years and exceed the current revenue growth rate.

Property information

Real Estate:

Real Property Included

Location:

(6) Retail Locations (owned), (2) Retail Locations (leases), (1) Warehouse (owned), and (1) Corporate Office Building 1500sf (owned). Estimated value of owned Real Estate included in asking price $2,568,000.

Other information

Expansion potential:

There is unlimited growth potential for this business particularly in wholesaling to outside customers. Wholesale warehouse could also be expanded to include non Tobacco Products.

Competition / Market:

Is a licensed wholesale agent for the state of Tennessee and is on a direct buying status with almost every major tobacco manufacturer.

Support & training:

3 Months or as needed.

Reasons for selling:

Other interests.

Furniture / Fixtures value:

$520,000 (included in the asking price)

Inventory / Stock value:

$893,000 (included in the asking price)