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This Business has been Sold!
Closing Date: 06/12/2017

Business for Sale Summary

Smoke Shop For Sale In Ocean County, NJ - 29373

Business Type: retailing businesses,misc. retail/non-classifiable,misc. servicel/non-classifiable,other business services
Sold
Smoke Shop For Sale In Ocean County, NJ
On June 12th 2017, The Undersigned
Acted as the Advisor to the Deal
Gerald Nimberg
Gerald Nimberg Senior Broker
Servicing: New Castle County DE, Philadelphia County PA, Burlington County NJ, Mercer County NJ
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $175,000
Gross Revenues $395,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$175,000 Down and

Business Description

The seller of this business is leaving behind a highly profitable smoke shop in Ocean County for the warmer climate of the Carolinas. In fact, he and his wife have already purchased their new home and new smoke shop, so make an offer. Indeed, as I am listing this, the seller called to drop the price $25,000. After 30 years, this business is well-established in the Ocean County community and operates with very little competition. It carries a full line of low-end, mid-priced and expensive cigars along with smoking pipes, pipe tobacco, cigarettes and smoking accessories such as lighting fluids, hookahs and fancy lighters. Unlike most smoke shops, this shop is clean, modern, inviting and spacious (1600 sq. ft). It carries grocery items, medicines, snack items, sodas, out-of-town newspapers, the lottery and more. Before deciding to move, the seller had considered adding deli items and sandwiches. Growth will come through the addition of product- the space is there. Please contact the broker for further information at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.