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Smoke Shop In Fairfax County, Virginia For Sale

Fairfax County, Virginia, US
Asking Price:
$1,799,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,050,000
Cash Flow:
$500,000

HS Listing ID-69807

Financial overview

  • Gross revenue: $1,050,000
  • SDE: $500,000
  • Seller financing: Open to discussion
  • Price: Includes inventory
  • Inventory on hand: approx. $400,000 to $450,000

Lease and occupancy

  • Monthly rent: $4,992
  • Water: Included in rent
  • Lease term remaining: 1 year
  • Renewal option: 5-year renewal available

Operating expenses

  • Alarm, phone, internet: $200 per month
  • Electricity: $250 per month
  • Employee wages: $60,000 per year
  • Marketing: $8,000 per year
  • Shipping and delivery: $800 per year
  • Insurance: $1,200 per year
  • Office supplies: $425 per year

Notes

  • Semi-absentee run model currently in place
  • Additional financial detail available after executed LOI

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$59,904 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.