Smoke Shop
- Status: Pending
- Price: $175,000
Babak āBOBā Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Smoke Shop MakingĀ
Net Income $150,000
Established 5 months ago, 1,800Sf. Smoke shop located in a huge shopping center with plenty of parking spaces. Selling Smoke Pipes, Tobacco, Cigarettes, Cigars, CBD, etc. Open from 9am to 11pm / 7 x days a week. Seller claims his Gross annual income is $600,000 a year. and he also claims his Net Income of $150,000 yearly. The rent is $5,500 a month with 5 years lease plus 5 x years option. Utilities are $1000 a month. The estimated inventor of $85,000 is not included in the asking price.
ATM machine and lotto can be added to generate more income.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
Business Type:
Smoke Shop
License(s) Required:
Business, Tobacco Smoke
Hours of Operation:
9am- 11pm / 7 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6392
Date Available:
09/20/2022
Reason For Sale:
Moving to different State
Financial Information
- Annual Total:
- 600,000
- Revenue:
- Annual Net Income:
- 150,000
- Inventory:
- 85,000
- Monthly Payroll:
Lease Information
- Base Rent:
- 5,500/m
- Lease Expires:
- 2027
- Lease Option:
- 1 x 5 years option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: