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Business For Sale

2 TOBACCO SHOPS

Attn: Les Friedman
Fairfax County+Alexandria, VA, USA
Listing Number: "1143"
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Asking Price: $500,000 plus inv USD USA Dollars
Business for Sale Industry: Retail: Non-classifiable  
Reason for Selling: Other business interests.
Year Established: 2001
# of Employees: 3 FT, 1 PT
Yearly Revenues: $2,700,000
Yearly Net Profit: $150,000
Monthly Payroll: $6,750
 

Business for Sale Overview:

2 tobacco outlets for sale. This is one of the biggest retailers of tobacco products in northern Virginia. Due to an increase in the MD tax on tobacco products in Jan 2008, sales are expected to increase. They already increased in January 2008. There are good records for the next owner to examine. Sales are divided between cigarette and cigar products. This is truly a money maker. Inventory is extra. The store has a very good reputation with the tobacco distributors.


Property Features and Assets:

Both stores are being sold as one package.


Market Competition and Expansion:

Due to the proximity of one of the stores to the Woodrow Wilson Bridge and the fact that Maryland increased its tobacco tax in 2008, this retailer has become one of the largest tobacco retailers in northern VA. There is also a large, loyal customer base. Sales are expected to increase in 2008.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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