Hot Listing
***PENDING*** Owner is ready to retire! Priced to sell!
Business Description
Priced to sell! 20.40% cap rate! With over 30 years of service, this well-known liquor and tobacco store is ready for fresh blood. Great location, sitting on a large corner lot of a main street neighborhood. Purchase includes building land and business. Inventory not included in asking price but will range an additional $80k-100K. Lot provides room for expansion if desired. We carry strong name recognition. Cigarette chain was the 2nd largest seller of beer in a 30 mi radius, Walmart being the 1st. We are known for our good prices, fast service and convivence of our parking lot location and size. Located inside are 3 Skill Game machines that splits profit with the current vendor.
Purchase is great for someone looking for a semi passive, or fully owner operated business. Store is currently run by management, with the owner spending 3-4 hours a week overseeing operations. Will provide extensive training to owner to meet their desired involvement level.
Ready to carry on the legacy? Serious and qualified buyers please contact us for more information.
Purchase is great for someone looking for a semi passive, or fully owner operated business. Store is currently run by management, with the owner spending 3-4 hours a week overseeing operations. Will provide extensive training to owner to meet their desired involvement level.
Ready to carry on the legacy? Serious and qualified buyers please contact us for more information.
About the Business
- Years in Operation
- 30
- Number of Employees
- 4
- Facilities & Assets
- Large corner lot located in a busy neighborhood main street. Small but humble building, great street visibility!
- Market Outlook / Competition
- After 30 years in business, Cigarette Chain has established strong name recognition throughout the panhandle of Nebraska. We are known for fast service, great beer and cigarette prices. We are the 2nd largest beer seller in a 30 mile radius.
- Opportunities for Growth
- Cigarette Chain is ready for some new blood with fresh ideas. It has the opportunity for growth with an addition of drive through beer and liquor, alongside DoorDash listings. In which we are currently missing the boat on. Nebraska has recently passed initiative 438, legalizing the sale of medical marijuana by October of 2025. Location and demographic makes this business a perfect candidate. Lot provides addition space for building if buyer decided to jump on the booming market of marijuana sales.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 1,472
About the Sale
- Seller Motivation
- Owner is ready to fullly retire.
- Transition Support
- 30 days training on systems, including introduction to liquor, beer, tobacco and food reps. Additional training on cigarette pricing, guidelines and loyalty programs offered through tobacco companies. Complete list and overview of operation portals ei: Altria, JR Reynolds, Amcon etc.
- Financing Options
- No seller financing available
Listing Info
- ID
- 2383658
- Listing Views
- 1385
Business Location
Listing ID: 2383658 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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