1. Home
  2. Businesses for Sale
  3. New York
  4. Misc Retail/nonclassifiable

Business for Sale Summary

Chain of 6 Smoke/Vape Shops - 29395

Business Type: entertainment,general merchandise store,gift and specialty retail,assets only sale,new to market,seller financing available,misc. retail/non-classifiable
Chain of 6 Smoke/Vape Shops
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 26 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,200,000 Down Payment $1,200,000
Gross Revenues $1,625,000 Lease Remaining Register Free to View
Owner’s Cash Flow $350,000 Number of FT Employees Register Free to View

Financing

$1,200,000 Down and

Business Description

Five(5) high-volume smoke/vape shops, plus kiosk. Combined annual gross sales are approx. $ 1,625,000. with net income of $250,000. Nice website but is not set up for high volume e-commerce sales. This is an opportunity for the new buyer.This business sells premium products at high margins. Top-notch POS system. Store 1 is 850 sq. ft., Store 2 is 850 sq. ft., Store 3 is kiosk; and Store 4 is 1000 sq. ft.;Store 5 is 600 sq.ft.; and Store 6 is 1200 sq.ft.These are well - designed stores. 13 employees rotate among the six locations. Stores also sell some private label products. There is a drop safe in each store. Great social media presence. All inventory is bar-coded. Excellent records. Proof of funds is required for a meeting with the owner. $1.2m aksign price includes approx $350,000 of inventory. Seller will not hold a note. Proof of funds required for meeting. Contact broker Joseph Stansky for more details 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. kg

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.