Smoke Shop
- Status: Available
- Price: $299,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Established in 2021, 1,500SF Smoke Shop located in a shopping center with plenty of parking spaces.
Prime Location!
Walking distance from Dodgers’ Stadium, surrounded with Restaurants, Motels, Residential area, and Huge Sports Bar.
Selling Smoke Pipes, Tobacco, Cigarettes, Cigars, CBD, Etc. Open from 10am to 11pm / 7 x days a week.
Seller claims his Gross Annual Sale is $800,000 and he also claims his Net Income is $200,000 a year.
Lotto Sale is $15,000 a month. additional $12,000 income from Lotto and ATM machine a year.
Rent is $4,650 monthly including NNN. 3 x years lease plus 2 years option. The estimated inventory is about $70,000 which is not included in asking price.
Business Information
Ownership Type:
Corporation
Year Established:
2021
Year Purchased:
2021
Business Type:
Smoke Shop
License(s) Required:
Business, Tobacco
Hours of Operation:
10am- 11pm / 7x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6394
Date Available:
09/30/2022
Reason For Sale:
Moving to another State
Financial Information
- Annual Total:
- 800,000
- Revenue:
- Annual Net Income:
- Inventory:
- 70,000
- Monthly Payroll:
Lease Information
- Base Rent:
- 4,650/m
- Lease Expires:
- 2025
- Lease Option:
- 1 x 2 years option
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: