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Smoke Shop

  • Status: Available
  • Price: $129,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6449
  • Status: Available
  • Area: Los Angeles County
  • Price: $129,000

Description

Asking Price: $129,000 Plus Inventory. Prime Location!

Established 15 years ago, 1150 Sf smoke shop plus 400 Sf patio that can be converted to smoke or Hookah lounge, located on a busy street with 3 intersections.

Selling smoke pipes, tobacco, cigarettes, cigars, CBD, etc..

Estimated inventory: $50k not including the price.

Open 7 days a week from 9 am to 9 Pm.

Gross income claimed by the seller is : $500k a year with net income of $180k yearly.

The closest smoke shop is about 2 miles away. No immediate competition.

The rent is $5300 including NNN,

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Smoke Shop
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: N/A
Broker To Broker CoOp: No
Office Listing Number: 6449
Date Available: 11/30/2023
Reason For Sale:

Financial Information

Annual Total:
$500,000
Revenue:
Annual Net Income:
$180,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
$5,300
Lease Expires:
Lease Option:
NNN:
included

Financing Information

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

Contact Us

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