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Smoke Shop

  • Status: Available
  • Price: $599,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6347
  • Status: Available
  • Area: Los Angeles
  • Price: $599,000

Description

Asking price $599,000 Plus Estimated Inventory $135,000

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:
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:
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:

Contact Us

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