$2,500,000
Smoke shop
- Status: Sold
- Price: $79,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
850 sq.ft. Brand New Smoke Shop for Sale, located on busy street close to many Shops and Restaurants on a main Street. The shop is open9 am-9pm 7 x days a week. Rent for this 850sq.ft. space is only $3,200 a month including NNN with a 5 years lease and 1 x 5 years option. The payroll is around $2,900 a month. Utilities are about $500 a month. Seller claim his Gross Annual Sale is about $450,000 and His Net is about $60,000 a year. They Sale Hookah, Pipes and flavor Tobacco.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Smoke Shop
License(s) Required:
Business, Tobacco
Hours of Operation:
9 am- 9 pm /7xdays a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6344
Date Available:
09/13/2021
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- $450,000
- Revenue:
- Annual Net Income:
- 60,000
- Inventory:
- 21,000
- Monthly Payroll:
Lease Information
- Base Rent:
- 3,200
- Lease Expires:
- 2026
- Lease Option:
- 1 x 5 years option
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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