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Business for Sale Summary

Profitable Cigar Store with Big Potential - 32108

Business Type: convenience store,general merchandise store,misc. retail/non-classifiable,misc. servicel/non-classifiable,non-classifiable establishments
Profitable Cigar Store with Big Potential
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This business has received 28 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $289,000 Down Payment $289,000
Gross Revenues $414,800 Lease Remaining Register Free to View
Owner’s Cash Flow $97,240 Number of FT Employees Register Free to View

Financing

$289,000 Down and Part of the inventory to be financed for qualified buyer with collateral

Business Description

Rarely available and most prominent premium cigar store, with lots of potential for a new buyer to take it to the next level. This store has the biggest walk-in humidor in the county, made of Spanish cedar. Items for sale include Keystone cigars, lighters, humidors and many unique items are available. There have been 20 years of very successful operation from this seller and, so much potential is there. The store is open 10 AM to 7 PM Monday to Thursday. They are also open 10 AM to 8 AM on Friday and Saturday. They are open from 10 AM to 5 PM on Sunday. Nearby restaurants and bars are open much later. One can easily open the store till 10 or 11 PM and get more business. The new buyer can Introduce Lottery to this business, and not only earn thousands in lottery commission, but increase core business also. Another way to increase business would be to sell more gift items. The introduction of beer here if approved, would be lucrative, as there is space for a walk-in cooler also. Big mall and huge apartment buildings are coming in a few months. Business can go up nicely. Introduce machine made cigars like Phillies Blunts, Garcia Vega, Dutch master etc. that are consumed by many people. Kindly hurry before this business is gone. Current owner wants to retire.

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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.