$2,500,000
Smoke Shop
- Status: Sold
- Price: $179,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Established 17 years ago, on a 500Sf Drive thru smoke shop located in a Shopping Center With plenty of parking spaces, selling smoke pipes, tobacco, cigarettes, cigars, etc. Open from (8am-10pm / Mon thru Fri) and on (Sat & Sun / 9am-9pm). Sellers claims his Gross Annual is $540,000, His Net is about $120,000. Rent is $1,350 a month including NNN. 2 x years lease with option to extend. His payroll is $5,000 a month. Estimated inventory of $50,000 is not included in the asking price.
Business Information
Ownership Type:
Corporation
Year Established:
2005
Year Purchased:
2005
Business Type:
Smoke Shop
License(s) Required:
Business, Tobacco,
Hours of Operation:
8am-10pm / Mon.- Fri (9am-9pm / Sat. & Sun)
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6395
Date Available:
11/09/2022
Reason For Sale:
Financial Information
- Annual Total:
- 540,000
- Revenue:
- Annual Net Income:
- 120,000
- Inventory:
- 50,000
- Monthly Payroll:
- 5,000
Lease Information
- Base Rent:
- 1,350/m
- Lease Expires:
- 2022
- Lease Option:
- with option to extend
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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