Smoke Shop North Tampa one of two!!

Asking Price$225,000

Cash Flow
$140,364
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$100,000
Not included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

listing imageSave

Smoke Shop North Tampa one of two!!


Asking Price$225,000

Cash Flow
$140,364
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$100,000
Not included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

Business Description
This smoke shop is located in a very busy shopping plaza in North Tampa with many residential homes in the immediate area. The monthly sales are averaging $30,000 per month at a very high profit margin. The profit margin averages 65% in smoke shop businesses. This store is being run with employees only and a new working owner will be able to raise sales and also save on the annual $72,000 payroll expense, bringing more money to the bottom line. The price includes thousands of dollars of glass showcases and fixtures. The new owner can increase sales by adding Lottery, sodas, cigarettes, and snacks. Customers keep asking for these items daily. Another great advantage is the very low base rent of only $2,287 per month!! The same family also owns another smoke shop a few miles away which is also listed for sale. Please do not disturb or speak with any employees as they don't have any information to give and do not know the business is for sale. Please call Mark Laurie with Property Business Brokers at 407-491-6065 for more information or to schedule a showing.
About the Business
Years in Operation
2
Employees
3
Facilities & Assets
Long Lease with a low base rent of only $2,287 plus $881 for CAM charges. Price includes all equipment and store fixtures.
Market Outlook / Competition
The store operating hours are 10:00 am - 10:00 pm. There is a $1,771.27 Lease security deposit and a $2,000 Lease Assignment fee that the buyer must pay.
Opportunities for Growth
Add Lottery, sodas, snacks, and more cigarettes. The seller just started selling a few selections of cigarettes last month but the new owner can add other tobacco items to increase sales.
About the Sale
Transition Support
The seller will train you for at least a week or more if needed.
Listing Info
ID
2360935
Listing Views
2173

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Mark Laurie Property Business Brokers

Listing ID: 2360935 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.


Similar Listings