$2,500,000
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
Description
Asking Price: $129,000 Plus Inventory (Estimated $70k)
1000 Sf smoke shop located in a shopping center was opened on July 2023. Selling smoke pipes, tobacco, cigarettes, cigars, etc.. Open 7 days a week from 9 am to 10 Pm. Gross income claimed by seller: $300k a year as of now and projection of $360k for 2024, Net income $50k and projection is $75k. Very low rent: $2100 including NNN. 3 year lease plus 5 year option to extend. Semi absentee owner, with 2 employee.
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Smoke Shop
License(s) Required:
Business
Hours of Operation:
9 AM- 10 PM
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6467
Date Available:
04/18/2024
Reason For Sale:
Financial Information
- Annual Total:
- 300,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 2,100
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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