Search

Whole Sale and Distribution

  • Status: Available
  • Price: $750,000

Matt Sadati

License No:
DRE #00704888
Email:
matt@lbaweb.com
Office:
925-932-2450 x101
Mobile:
925-932-2450
  • Listing No: 4124
  • Status: Available
  • Area: Sacramento
  • Price: $750,000

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 right buyer with good credit with $500,000 cash down. Asking Price is s$750,000

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:
$3,600,000
Revenue:
Annual Net Income:
$300,000 a year
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:
500,000 Cash
Owner Will Carry:
250,000 @ 6% a Year
Other Finance:
Terms:

Contact Us

    RELATED PROPERTIES

    $2,500,000

    Gas Station and Mart

    Alameda County
    $150,000

    Franchise Pizza Restaurant

    Contra Costa County
    $900,000

    Liquor Store

    Alameda County