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Established Smoking Deal 22-year Old Cigar Lounge In Dallas For Sale

Dallas, Texas, US
Asking Price:
$90,000
Sales Revenue:
$111,159
Cash Flow:
$33,757

Established 22 years ago, this business has developed a strong brand name for itself. With over 200 5-star reviews on Google alone, this place has the atmosphere and exclusive cigar products to keep customers raving. This business is a full-service cigar store that sells premium cigars and accessories. It has multiple coveted contracts with large cigar manufacturers, as well as a tobacco distribution and retail license. Lastly, this business is the only cigar store South of I-20 to have the largest walk-in humidor and carry the top cigar brands in the cigar industry.

This is a 5-STAR retailer for General cigarettes (Cohiba, Punch, Macanudo, CAO, Sancho Panza, etc.) What 5-STAR means is that this company has access to limited cigars when they come to the market. They can also get cigars that aren't sold by online cigar retailers and get a percentage back every quarter. This applies to Forged cigarettes as well (Bolivar, Partagas, El Rey Del Mundo, Diesel, and La Gloria Cubana). There is an active account with Fuente and JC Newman Cigars. The Fuente accounts are very hard to get, and with these accounts, the plus is that they get NET 30 with 5 cigar brands.

Property Information

Real Estate:

Lease

Location:

Strip Center

Size in square feet:
1,010

Business Operation

Expansion Potential:

The new owner for this business can establish a website for the brand and invest more in the digital marketing of the brand. Additionally, installing a business development manager that can attend local networking meetings with chamber of commerce etc. would promote the brand even further.

Competition / Market:

There are several small cigar lounges in the area, but this business carries products that those outlets cannot carry, and this is the only cigar store South of I-20 to have the largest walk-in humidor and carry the top cigar brands in the cigar industry.

Reasons for selling:

Personal Distress

Employees:
2
Years established:
22

Other Information

Support & training:

2 Weeks

Furniture / Fixtures value:
$2,000
Inventory / Stock value:
$53,000