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Smoke Shop

  • Status: Available
  • Price: $199,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6368
  • Status: Available
  • Area: Los Angeles
  • Price: $199,000

Description

A 1,500sqft. Smoke Shop Established January 2022 is for Sale! It is located in a shopping center with high pedestrian traffic. Selling Smoke pipes and Tobacco, Cigarettes, Cigars and CBD products. In-Store shopping, curbside pick up. rent is $2,200 including NNN with a 5 years lease and 4 and a half year left, with 1 x 5 years option. Seller claims his gross income is $35,000 a month and growing every day and net income of $12,000 a month. Hours of Operation; 7 x days a week from 9.00am to 11.00pm. Plenty of Parking spaces available.

Business Information

Ownership Type: N/A
Year Established: 2022
Year Purchased: 2022
Business Type: Smoke Shop
License(s) Required: Business, Tobacco
Hours of Operation: 9am-11pm /7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6368
Date Available: 06/02/2022
Reason For Sale: moving to another business

Financial Information

Annual Total:
$420,000
Revenue:
Annual Net Income:
144,000
Inventory:
100,000
Monthly Payroll:

Lease Information

Base Rent:
2,200/m
Lease Expires:
2026
Lease Option:
1 x 5 years option
NNN:
included

Financing Information

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

Contact Us

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