- Advert ID: 656491
- (Seller ref: NB0009)
Tobacco Snack & Novelty Store For Sale
- Location:
-
- United States
- > Pacific
- > California
- > California - South
- > Los Angeles
- > LA County
- Category:
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Summary
- Asking price:
- $65,000
- Sales revenue:
- $198,000
- Net profit:
- < $250k
- Years established:
- 2007
- Employees:
- 2
Business description
Located in a busy shopping centered anchored by the very popular BBQ restaurant chain Lucille`s. The owner has several other tobacco stores and is looking to reduce his workload. Currently the store is a combination of a small mini-market and tobacco shop and sells a large selection of pipes, cigars, cigarettes and novelty items in addition to snacks and drinks.
Store features nice build out, a small room size humidor, several display cases, several refrigerators, freezer, state of the art security camera system. The new owner can add a smoking lounge, internet sales, etc. Margins range from 30% on snack items up to 300% on pipes and novelty items. Current owner spent well over $60,000 on build outs, camera system and fixtures. Store net income also includes rebates from Phillip Morris and other tobacco companies.
Why go through the headache of opening a store from scratch. This store offers excellent build out, great product mix and an unbelievable location. Business is sure to continue growing with the recent opening of Lucille`s BBQ.
Property information
- Real Estate:
- Lease
- Lease terms:
- Lease expires 2010
Other information
- Support & training:
- 1-wk @36hrs.
- Furniture / Fixtures value:
- $20,000
Contact the seller
need to search again?
- United States
- > Pacific
- > California
- > California - South
- > Los Angeles
- > LA County
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