Retail - Miscellaneous Retail

Asking Price	$229,900	Inventory	$60,000*
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	1 ft, 1 pt

* included in the asking price

** not included in the asking price

This business is a retail store that sells specialty cigars imported mainly from the Dominican Republic, Honduras, and Nicaragua. Unit prices range from $3.00 to $25.00 plus. This business also sells high-quality humidors, cigar lighters, cigar boxes, collectibles, and other related items. The store is open from 10:00 AM to 7:00 PM - Monday through Friday, and 10:00 AM to 5:00 PM on Saturday. The store currently is not open on Sunday. The owner and one part-time employee manage the operation. This selling price includes the real estate, furniture, fixtures, humidified display cases, wall decor, security system, decorative shelving, and kitchen equipment. Inventory valued around $60,000 is also included in the sale. The final price will be adjusted to the actual inventory taken at closing.

Facilities: This Northeast Ohio business is located in a one-story single-family home with no basement. It is approximately 1600 sq. ft. It is situated on a 1/3-acre commercial lot with many trees. The house has been redone in the inside to accommodate the business. It includes a cedar-lined temperature and humidity controlled "humidor room" which can keep any product fresh indefinitely.

Growth/Expansion: Cigars are a strong international business, supported by many magazine publications such as Cigar Aficionado, Tobacconist, Tobacco Outlet Business, and Cigar Press. Huge international conventions are held periodically in elite domestic and foreign vacation spots like Las Vegas. Hundreds of different brands of cigars are represented. There is space in the facility to add a complete room devoted to the sale of cigarettes, pipe tobacco, and other related products. Increased marketing via the existing website could further expand the business.

Reason Selling: Retirement and relocation.