Established - Cigar (Smoke) Shop - Great Location -Hight Net- Low Rent

Asking Price$189,000

Cash Flow
$170,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$415,000

Inventory$65,000
Not included in asking price
FF&ENot Disclosed

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Established - Cigar (Smoke) Shop - Great Location -Hight Net- Low Rent


Asking Price$189,000

Cash Flow
$170,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$415,000

Inventory$65,000
Not included in asking price
FF&ENot Disclosed

Business Description
Turn key Cigar (Smoke) Shop - Profitable – Easy to Manage – Top Location – Semi Absentee.

Great opportunity to own an attractive build, high volume, high gross profit, major busy intersection location, high net, Smoke Shop located in an upscale and desirable, North side of city of Clovis in Fresno County, California.

Located on a major busy street in prestigious business center / strip mall, which is fully leased out, having many fast food restaurants ensures high volume of vehicle and foot traffic and a steady stream of clientele. Additionally, this business is strategically located adjacent to very thick residential, apartment complexes as well as business communities having no competition in the area at all.

Please note, that this business has high gross profit due to high volume of branded cigars, glass pipes, CBD, Kratom, Cigars, Hookah and smoking accessories, Gifts resulting in a high net profitability of this business. We have a custom build, temperature controlled, Walk IN Humidor, made of aromatic Spanish Cedar wood - to keep cigars fresh on a certain level of humidity and temperature.

Estimated inventory is $ 60.000,- Which is NOT included in the sale price.

Gross Revenues Average Approx. : 35.000,- Monthly
Total Current Rent: $ 3140, - PM

Store open 7 days a week (Mon. to Sat 10:30 AM to 7:30 PM & Sun 11:30 AM to 6:30 PM).

Potential buyer may increase opening hours. Can also add more services as: Lottery, Check Cashing, ATM, Drinks etc.

Long lease remaining 1 years with additional 5 years option to extend.

Reason for selling: Family re-union. Relocating to another city.

Serious Buyers ONLY.

Qualified buyers are invited to execute an NDA and provide Proof of Funds to further pursue this acquisition opportunity.

Contact Mo at: 559-818-9289
Email : monty2young@gmail.com
About the Business
Number of Employees
2
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
$3,140.00 per month
Listing Info
ID
2091607
Listing Views
3578
Attached DocumentsAttachment Disclaimer

NDA_Established_Business_For_Sale_Clovis_CA.pdf


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Business Listed by: Mo

Listing ID: 2091607 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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