Owner Financing is Available!
Business Overview:
Purchase price includes approximately $80,000 in inventories. This smoke shop is located in one of the most densely populated areas of S. Everett with high visibility, plenty of parking, and a great reputation for quality, pricing, and service. It is in the highly sought after Wal-Mart shopping center and is an end cap unit. There are 20 glass wall showcases, 18 counter showcases, a spinner showcase for incense, a cooler for drinks, and a state of the art security system. The business sells everything from cigarettes, cigars, pipes (all types - conventional and unconventional), lighters, tonics, incense, and related products and accessories. The new owner needs to add beer and wine sales to really increase the sales. The current Seller does not operate the business and is 75 years old and wants to retire. This is a real money maker for an owner operator who wants to make a $6 figure income. Seller terms with $50,000 down, 3 year term, at 6% interest. Bring ANY offer
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This smoke shop is located in one of the most densely populated areas of S. Everett with high visibility, plenty of parking, and a great reputation for quality, pricing, and service. It is in the highly sought after Wal-Mart shopping center and is an end cap unit. The base rent is $1600 plus NNN charges of $600 per month. The Lease runs till 1/31/2013 and has a 3 year option to extend the term.
Market Competition and Expansion:
There are no other Smoke shops or related tobacco and accessory shops in the Shopping center.The new owner could be a full time owner operator and save labor costs (currently 2 Full Time employees) and give the business that warm and friendly touch only an owner can provide. The business could also add beer and wine sales which in this area would certainly increase the gross sales substantially.
Reason for Selling:
The Seller does not operate the business, retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.