Smoke Shop
- Status: Sold
- Price: $299,000


Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Asking price $299,000 Plus Estimated Inventory $100,000
A 1200 Sf smoke shop for sale, located in a busy shopping center with plenty of parking. The shop sells smoke pipes and tobacco, cigarettes, cigars, etc.
The rent is $3,100 including NNN, with a 4-year lease and another two 5-year option to renew. The gross income $100,000 monthly, with a net of $20k plus and
growing everyday. Open 7 days a week from 8 AM to 12 AM. The Shop has 2 full time employees. Utilities are $1,000 a month
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Smoke Shop
License(s) Required:
Business, Tobacco
Hours of Operation:
8 am- 12 am / 7 x days a week
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6347
Date Available:
10/15/2021
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 1.200.000
- Revenue:
- Annual Net Income:
- 240,000
- Inventory:
- 100,000
- Monthly Payroll:
Lease Information
- Base Rent:
- 3,100/m
- Lease Expires:
- 2026
- Lease Option:
- 2 x 5 years Option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: