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Smoke Shop

  • Status: Available
  • Price: $90,000

Kuldeep Clar

License No:
DRE #01887929
Email:
kuldeep@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4451
  • Status: Available
  • Area: Stanislaus County
  • Price: $90,000

Description

This is an established smoke shop & soda bar lounge in Stanislaus County. Seller is claiming around $30k in monthly sales and they keep going up every month. Business is located in a very busy shopping center and is close to SSUS Campus with lots of foot and driving traffic. Neighboring tenants are a very busy sushi restaurant and a pizzeria. The shop carries everything you would find in a smoke shop and also has a soda bar where they make exotic handmade sodas and they also carry exotic snacks. Business is known for its excellent service and has a steady clientele. All 57 reviews on Yelp are five star ratings. Business was established in 2021 with the same owner for 3 years. Sales price includes all the equipment, furniture , fixtures and the Cigarette & Tobacco Retailer’s License. Excellent opportunity to own an established business. Building is about 2000 square feet and the rent is $2950 including NNN and the seller has 2 years left with another 5 year option to renew. Asking price is $90k, which doesn’t include inventory of $35k. Reason for the sale is the seller owns other multiple businesses and would rather focus on those so they are very motivated and will entertain all offers.

Seller is very motivated to sell and will accept all respectable offers. Seller has done all the footwork and is ready to hand the buyer the keys. The hardest part is getting the license and setting up an establishment and the seller has done all of that. Tobacco licenses are getting harder to get in California due to restrictions. Don’t pass up on the easiest business to run. Inventory will be included in the asking price to the right buyer.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Smoke Shop
License(s) Required: Business, Health, Tobacco
Hours of Operation: 9 AM-8 PM
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4451
Date Available: 08/07/2024
Reason For Sale: Focusing on other businesses

Financial Information

Annual Total:
360,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
2,950
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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