| Asking Price |
$69,900 | Inventory |
$40,000** |
|---|---|---|---|
| Gross Income |
$672,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1985 |
| FF&E |
N/A | Employees | 2 |
* included in the asking price
** not included in the asking price
This is a great opportunity to own a beautiful smoke shop located in a highly desirable strip center at a busy intersection. This business offers cigarettes, cigars, loose tobacco, pipes, lottery and so much more. There is a very nice 10x10 walk-in humidor. Current owner does not advertise. Some advertising/marketing and you have HUGE potential. Purchaser should expand hours and also open on Sundays to increase foot traffic and revenue. Plenty of room to grow. Seller will train. Don t let this one pass by. Bonus/Discount/Lottery breakdown:Newport pays $2,200 per year for displaysPhillip Morris pays $500 per month RJ Reynolds pays $1,500 per quarter bonus Lottery-$30,000 sales yearly.
Facilities: 800 sq feet in a well maintainted strip mall at a very busy intersection. Ample parking. Rent $1066.67 +NNN
Growth/Expansion: Seller does not currently advertise. Purchaser should expand hours and open on Sunday to increase revenue.
Financing: 45,000 down, 8% 5 years ammortized $504.88 balloon in 2 yrs
Support/Training: Seller will train
Reason Selling: Retiring

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