Budget Business Brokers:
These are four profitable smoke shops package in Mississippi along the Gulf Coast spread in about 60 miles radius. The west most store is about 18 miles from the Louisiana boarders. These stores where opened in 2013 and has been operating profitably by the current owners since then. 2023 total sales from the 4 stores around $2.4M with an EBIDTA of about $144K. Currently, non of the owners work at any of the stores. The average annual salaries and wages is about $330K. If new owner and family can run most of the stores, the annual SDE can be above $300k just by cutting the salaries and wages by half. Seller finance can be considered to a qualified buyer with a reasonable offer. The 4 stores has an inventory of about $300,000 that will be charged at cost to the buyer. The stores specialize in the sale of Cigarettes, beer, seltzers, loose tobacco, tubes, papers, cigarillos, vape supplies (mods, coils, and e-juice), disposables, THC-A and Delta products, hookahs, hookah tobacco, incense, candles, glass pipes, tobacco pipes, water pipes, etc.
Store 1: Rent: $2,500 Lease expires: January 2025
Store 2: Rent: $1,995 Lease expires: January 2025
Store 3: Rent: $1,350 Lease expires: January 2025
Store 4: Rent: $2,200 Lease expires: January 2025