Whole Sale and Distribution
- Status: Sold
- Price: $295,000


Matt Sadati
- License No:
- DRE #00704888
- Email:
- matt@lbaweb.com
- Office:
- 925-932-2450 x101
- Mobile:
- 925-932-2450
Description
This is a very Lucrative business for the right Buyer with Good Business plane. Owner Claims, he is making over $300,000 a year now , but a right operator can increase this to $500,000 a year easily. This is a Whole Sale Distributor of smoke shop mostly Accessories. 98% of the sale is accessories with very high profit margin. rent is very low $6,700 per month for huge space that covers 8,200 sqft. area. Lease expires 2027 with 1 x 5 years. The owner is willing to Finance the inventory for the right buyer with good credit. Asking price is $295,000
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Whole Sale Smoke and Accessories
License(s) Required:
Business, Seller's Permit
Hours of Operation:
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4124
Date Available:
04/21/2022
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- $2,000,000
- Revenue:
- Annual Net Income:
- Inventory:
- $1,200,000
- Monthly Payroll:
- $7,000/m
Lease Information
- Base Rent:
- 6,700/m
- Lease Expires:
- 2027
- Lease Option:
- 1 x 5 years option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Owner is willing to carry the inventory
- Other Finance:
- Terms: