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Business for Sale Summary

Smoke Shop for Sale in New York - 36160

Business Type: owner financing available,smoke shop/tobacconist,convenience store
Owner Financing
Smoke Shop for Sale in New York
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This business has received 44 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $115,000 Down Payment $75,000
Gross Revenues $475,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and A note of $40,000 at 8% for 24 months.

Business Description

A 27-year-old smoke shop in a commercial zone is located in an overly busy area in Suffolk County, New York. The rent is just $2100; its size is 2100 sq. ft.The seller does not have time to monitor it on a full-fledged basis; the nature of his job forces him to travel across the country. Seller financing is available. The seller opens 12 pm to 8 pm. A new owner can increase the hours to generate more revenue. Additionally, beer and lotto can be added to increase cash flow. Once in a lifetime opportunity to buy this type of business at such a low asking price with owner financing available. The asking price also includes the inventory that is worth $30,000. After paying all the expenses, the seller's net cash flow is $60,000 a year. Call Syed at 631-374-7686 for more

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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.