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Business for Sale Summary

Cigar & Smoke Shop for Sale in Massachusetts - 36448

Business Type: gift and specialty retail,misc. retail/non-classifiable,other personal services,owner financing available,smoke shop/tobacconist
Owner Financing
Cigar & Smoke Shop for Sale in Massachusetts
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Financial Information (non-confidential)

General Information
Asking Price $340,000 Down Payment $190,000
Gross Revenues $765,000 Lease Remaining Register Free to View
Owner’s Cash Flow $170,000 Number of FT Employees Register Free to View

Financing

$190,000 Down and Balance over 3 years @ 6%

Business Description

Well-Established, High-Volume Cigar and Smoke Shop for Sale Located in a prime spot on a busy city road, this smoke shop generates significant sales, with the majority coming from premium cigars. In addition to cigars, the shop offers a wide selection of cigarettes, vape products, accessories, and more. The business also includes lottery sales, which generated a $16,428 commission last year. The shop is equipped with a state-of-the-art Clover POS system, ensuring accurate sales tracking. The current owner is willing to offer seller financing to a qualified buyer. With flexible hours, the owner currently works about half the time, while an employee covers the remaining shifts, making this an excellent opportunity for a family or couple looking to be hands-on owner/operators. The lease is affordable at just $1,400 per month, and the landlord is open to extending the lease for the new owner. Ample on-site parking is available for customers. For more information, contact broker David Cohen at 508-863-9768. Don't miss out on this fantastic business opportunity!

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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.