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Asking Price:	$900,000 USD USA Dollars
Business for Sale Industry:	Retail: Non-classifiable
Reason for Selling:	Retiring to Florida
Year Established:	1993
# of Employees:	5
Yearly Cash Flow:	$250,000
Yearly Gross Income:	$1,284,272

Business for Sale Overview:

Milwaukee Metro area locations of cigar and tobacco shops serve all of Southeastern Wisconsin. This business has been operating for over 15 years and has become a staple in the Milwaukee community. The owner once had as many as 11 locations and a distribution center for cigars and cigarettes. He sold 7 locations 2 years ago and now is ready to sell the remaining 4 locations to retire to Florida. Each of the 4 present locations operates from retail centers in heavy traffic, high volume locations with anchor stores pulling in consumers. They are built out with wall racks, and each one features a walk in humidor to peruse the cigar selection, to purchase individual cigars or the box. Also available, are home humidors, and smoking related products, which augment sales and the full feeling of being pampered as a smoker. With the price of tobacco rising in the state of Wisconsin, few places still cater to the smoker like these shops do and the owner has put a lot of thought and time into making this an atmosphere conducive to making the smoker comfortable and in a buying state of mind.

Property Features and Assets:

4 locations throughout Milwaukee area each with its own walk in humidor and shelving for cigarettes, cigars, humidors and smoking related equipment.

Market Competition and Expansion:

These 4 locations do very little marketing and rely on the yellow pages and walk-in traffic. An email campaign to cigar smoker’s on specials and new stock as well as closeouts could increase sales significantly. Signage stating lowest legal carton prices could also draw more business into the retail locations.

Additional Details:

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