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Business for Sale Summary

Established Smoke Shop for Sale - 36872

Business Type: gift and specialty retail,misc. retail/non-classifiable,other personal services,owner financing available,smoke shop/tobacconist
Owner Financing
Established Smoke Shop for Sale
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This business has received 48 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $125,000
Gross Revenues $576,000 Lease Remaining Register Free to View
Owner’s Cash Flow $115,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and $125k for 60 months @ 7%

Business Description

This established smoke shop has been successfully operating for the past 10 years and is now available for acquisition. Custom designed interior and showcasing, plenty of glass showcasing. Inventory included is over $100k. This business has been run 100% absentee. Plenty of upside by adding lotto, tobacco products, snacks and beverages. Located in a busy area of Suffolk County, NY, the shop offers a wide range of smoking products and accessories, catering to a loyal and consistent customer base. The business has built a solid reputation and strong local presence over the past decade. The current owner is pursuing other business ventures, creating an excellent opportunity for a new operator to step into a turnkey operation with steady cash flow and growth potential. Serious inquiries only. To learn more about this opportunity, please contact the broker, Tony Sica at 516-330-8558.

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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.