Cigar Shop - 24372 Business Type: convenience store,misc. retail/non-classifiable
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $90,000 | Down Payment | $90,000 |
| Gross Revenues | $391,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $104,200 | Number of FT Employees | Register Free to View |
Financing
$90,000 Down and TBD
Business Description
This fifteen-years old smoke shop is located in a very busy strip mall on Long Island. Apart from having many shops, the mall also has a nationally-known pharmacy, so the flow of the shoppers stays continuous, during the whole day, which brings lots of business to this smoke shop. Interior is impeccable, and beautifully decorated. The shop has three parts: cigar lounge, humidor, and the entrance area to serve the clientele. Rent is just $3, 000; its size is 1500 sq.ft., with a furnished basement, which can be used for an office for a rental purpose. The seller owns seven similar businesses in Manhattan, and this is being run by his partner, who is, miraculously, saved by a serious heart attack. Now, the partner finds it physically hard to run the business; therefore, the seller must sell it. An excellent opportunity for a husband and a wife to own, if they decide to go into a smoke shop business. The seller's net cash flow, after paying all the expenses, is $8,000 a month. Don't miss, don't miss this great business opportunity, which is for sale at less than one-time earning, which means a new buyer will get his business investment back in less than one year. Call Syed, without delay, at 1-877-735-5224 for more information.
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.
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