The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Tobacco Concessionaire and Gift Retail Store

Central Coast, California (Santa Barbara County)

Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price $199,000 Inventory $85,000** 
Gross Income $888,000 Real Estate  
Cash Flow $125,000 Year Established 2007
FF&E $25,000* Employees 2

* included in the asking price

** not included in the asking price

Business Summary: This is a nearly new store is in a high traffic area with anchors such as Home Depot, Wal-Mart, Payless Shoes and Staples. The store sells cigarettes, cigars, lottery tickets, glass and wood water pipes, lighters, pipes and pipe tobacco and tobacco paraphernalia. The store has many regular loyal customers, selling many accessories. 60% of income is in cigarette sales, 20% cigars and 20% gifts. Growth potential: There is not another liquor store within 3 miles. The lease allows liquor/tobacco; add liquor for more income and traffic (you will need the City s approval). Staying open to 11 pm, starting a cigar club and adding Hookah s will bring more foot traffic. Current owners have never done any advertising. Equipment List: Cigar Humidor holds 1000 cigars Security system with 4- cameras 3- 5 ft. glass top showcases (counter height) 5- 6 ft. glass front showcases w/ glass shelves 2- 6 ft. glass square cabinet Stereo System 2- 5 ft. wood bookshelf units Cash register Credit card machine Telephone Copier Area: The Central Coast of California is one of the most sought after and lowest cost places to live by the Ocean, with an explosive investment real estate growth. Supported by tourism and surrounded by pristine beaches, wine country and healthily living makes this a dream destination. The area is still small enough to be considered rural with huge growth potential. Rarely do you find the perfect convergence of location, land, climate, heritage and architecture.

Growth/Expansion: There is not another liquor store within 3 miles. The lease allows liquor/tobacco; add liquor for more income and traffic (you will need the City s approval). Staying open to 11 pm, starting a cigar club and adding Hookah s will bring more foot traffic. Current owners have never done any advertising.

Seller Financing Available: Yes

Financing: Seller will carry 50% note for 1 year at 12%

Support/Training: 1 week, 15 hours

Reason Selling: Absentee Owner, Out of Area Owner

Business For Sale By

Gary Bayus

805-773-5447

Prestige Business Sales

Contact the Seller

To inquire about this business for sale, click the Reply button below

Contact the seller about this Tobacco Concessionaire and Gift Retail Store

Recommended Resources

AD # 423393

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --