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Smoke shop

  • Status: Available
  • Price: $79,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6344
  • Status: Available
  • Area: Los Angeles
  • Price: $79,000

Description

850 sq.ft. Brand New Smoke Shop for Sale, located on busy street close to many Shops and Restaurants on a main Street. The shop is open9 am-9pm 7 x days a week. Rent for this 850sq.ft. space is only $3,200 a month including NNN with a 5 years lease and 1 x 5 years option. The payroll is around $2,900 a month. Utilities are about $500 a month. Seller claim his Gross Annual Sale is about $450,000 and His Net is about $60,000 a year. They Sale Hookah, Pipes and flavor Tobacco.

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Smoke Shop
License(s) Required: Business, Tobacco
Hours of Operation: 9 am- 9 pm /7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6344
Date Available: 09/13/2021
Reason For Sale: Other Interest

Financial Information

Annual Total:
$450,000
Revenue:
Annual Net Income:
60,000
Inventory:
21,000
Monthly Payroll:

Lease Information

Base Rent:
3,200
Lease Expires:
2026
Lease Option:
1 x 5 years option
NNN:
Included

Financing Information

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

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