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Profitable, Absentee Smoke Shop In Plaza For Sale

Nassau County, New York, US
Asking Price:
$300,000 Furniture / Fixtures included
Sales Revenue:
$446,000
Cash Flow:
$220,000

HS Listing ID-68646


Annual Figures:
Gross Sales: $446,721.84

Gross Profit: $335,645.31

Net: $220,000

Expenses:
Rent: $49,500 ($4,125/ Monthly)

COGS: $111,076.53

Sales Tax: $7,699.06

Payroll: $49,200
Utilities: $12,000
Insurance: $4,114.80

Business Highlights

Established Operation: Successfully owned and operated for 3–4 years with consistent, stable performance.

Hours of Operation: Open daily from 10 AM to 11 PM, providing extended coverage for steady all day sales

Absentee Owner: Business runs hands-off with one employee overseeing day-to-day operations.

Spacious Facility: 1,500–1,600 sq. ft. layout allowing efficient customer flow and equipment placement.

Strong Lease Terms: 12 years remaining, providing long-term stability for a new owner.

Modern POS System: Tracks both card and cash transactions for clean, reliable financial reporting.

Revenue Mix: 67% card and 33% cash transactions.

Additional Revenue Streams: Includes beer and lottery sales, driving supplemental profit and added foot traffic.

Ample Parking: On-site parking ensures easy customer access.

Inventory: Approximately $140,000 in inventory (sold separately)
Seller Financing Available: 55%-60% Down Payment

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$49,500 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Inventory / Stock value:
$140,000