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Smoke Shop

  • Status: Sold
  • Price: $290,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4090
  • Status: Sold
  • Area: Sonoma County
  • Price: $290,000

Description

$200,000 Net profit a year!!!

This is a money making Smoke Shop in a very Busy area of Petaluma. Fantastic Location with excellent Low Rent of $3,050 a month and long term Lease (5 years + 5 years option). Owner Operator can make over $200,000 Net according to the seller.

There is a lot of Room to grow this business. This location has been there for a long time and well established in the community. There are almost $150,000 inventory.

Asking price is $290,000 for the Business + the inventories.

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased: 2022
Business Type: Smoke Shop
License(s) Required: Business, Tobaccos
Hours of Operation: 9am- 9pm / 7x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4090
Date Available: 02/11/2022
Reason For Sale: Family Issues

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
150,000
Monthly Payroll:

Lease Information

Base Rent:
3,050
Lease Expires:
2027
Lease Option:
1x5 years option
NNN:
Included

Financing Information

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

Contact Us

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