Whole Sale and Distribution
- Status: Sold
 - Price: $295,000
 
              
        
                    Matt Sadati
- License No:
 - DRE #00704888
 
- Email:
 - matt@lbaweb.com
 
- Office:
 - 925-932-2450 x101
 
- Mobile:
 - 925-932-2450
 
Description
This is a very Lucrative business for the right Buyer with Good Business plane. Owner Claims, he is making over $300,000 a year now , but a right operator can increase this to $500,000 a year easily. This is a Whole Sale Distributor of smoke shop mostly Accessories. 98% of the sale is accessories with very high profit margin. rent is very low $6,700 per month for huge space that covers 8,200 sqft. area. Lease expires 2027 with 1 x 5 years. The owner is willing to Finance the inventory for the right buyer with good credit. Asking price is $295,000
Business Information
                Ownership Type:
                Corporation
            
            
                Year Established:
                
            
            
                Year Purchased:
                
            
            
                Business Type:
                 Whole Sale Smoke and Accessories 
            
            
                License(s) Required:
                Business, Seller's Permit 
            
            
                Hours of Operation:
                
            
            
                Business Relocatable:
                No
            
            
                Business Is A Franchise:
                No
            
            
                Home Based:
                No
            
            
                Broker To Broker CoOp:
                No
            
            
                Office Listing Number:
                4124
            
            
                Date Available:
                04/21/2022
            
            
                Reason For Sale:
                Other Interest
            
        Financial Information
- Annual Total:
 - $2,000,000
 
- Revenue:
 
- Annual Net Income:
 
- Inventory:
 - $1,200,000
 
- Monthly Payroll:
 - $7,000/m
 
Lease Information
- Base Rent:
 - 6,700/m
 
- Lease Expires:
 - 2027
 
- Lease Option:
 - 1 x 5 years option
 
- NNN:
 
Financing Information
- Down Payment:
 
- Owner Will Carry:
 - Owner is willing to carry the inventory
 
- Other Finance:
 
- Terms:
 


