$2,500,000
Smoke Shop
- Status: Available
- Price: $99,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Asking Price: $99,000 Plus Inventory
Location Location Location
Established in 2023, 990 Sf smoke shop located in a Great shopping center next to a popular grocery store with plenty parking spaces, Selling smoke pipes, tobacco, cigarettes, cigars, etc.. Estimated inventory: $50k, Open 7 days a week from 9 am to 9 Pm. Gross income: $40k a month , Net income: $9k monthly, Open 10 am to 7 pm, Rent: $4527 including NNN. 4 year lease and 5 year option to extend. The new owner can add Lotto & ATM to increase the income.
Business Information
Ownership Type:
Corporation
Year Established:
2023
Year Purchased:
Business Type:
Smoke Shop
License(s) Required:
Business, Tobacco
Hours of Operation:
9 AM-9 PM
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6518
Date Available:
11/08/2024
Reason For Sale:
Financial Information
- Annual Total:
- 480,000
- Revenue:
- Annual Net Income:
- 108,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 4,527
- Lease Expires:
- Lease Option:
- NNN:
- included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
RELATED PROPERTIES
$2,500,000
$150,000
$900,000