Smoke Shop Well Established With High Sales Volume
Not Disclosed, CA Los Angeles County
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- RE: Smoke Shop Well Established With High Sales Volume
- Contact: Harry Patel
- License #: 01995716
Quick Facts
| Asking Price: | $160,000 | |
| Annual Revenue: | $1,176,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $75,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $35,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 2 | |
| BBN Listing #: | 985277 | |
| Broker Reference #: | 5561 HP |
Business Overview:
This store has been established for over 25 years and has a solid reputation within the community.
It is located in a bustling shopping center anchored by Food 4 Less Rite Aid Pharmacy and many more. The shop benefits from significant foot traffic from new and repeat customers.
The current owner is seeking a motivated buyer to take over the business, as they are occupied with other ventures and have employees running the store.
With a current net income of over $75,000 per year, this business specializes in selling Lotto and Scratchers and has even sold a winning ticket in the past. Additionally, the store offers a diverse range of products, including cigarettes, gift items, tobacco, hookahs, pipes, electronic cigarettes, vaporizers, incense, incense oil, accessories, energy drinks, and more.
Please contact HARRY PATELÂ for showings. However, please don't talk with the employees since the current owner is absent from the business and relies on their staff to operate the shop.
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Reason for Selling:
Busy with Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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