Owner Financing is Available!
Business Overview:
Wholesale and retail tobacco accessories shop located in the hub of the wholesale corridor of Dallas is now available for acquisition. This store carries a wide range of tobacco products that range from hookahs, pipes, and gift items to all kinds of accessories related to smoke. It is very surprising that sales are rapidly and consistently growing every month in this slow economy. Average monthly sales in 2010 are over $110,000 (annualized revenues of over $1.3 Mil.). Competitive price, variety of product it carries, and quality services are major contributors to huge success of this business. Centrally located in the hub of wholesale corridor area of Dallas, it became widely known to a number of retailers that carry tobacco products and walk-in customers as well. Currently there are close to 300 wholesale customers purchasing products from this store every week. This is a great opportunities to purchase an existing tobacco accessories wholesale business with yearly sales over $1.3 million.
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 store is occupied in a 1,800SF of retail/wholesale shopping center located in a major street with tremendous traffics at an astonishingly low rent of $1,250 per month.
• FURNITURE, FIXTURES & EQUIPMENT: $10,000 (Included in listed price).
• INVENTORY: $50,000 (Not Included in listed price).
Market Competition and Expansion:
• COMPETITION: No direct competitors in this area that specialize in tobacco accessories products as does this shop.
• GROWTH AND EXPANSION: Adding more products other than strictly tobacco-related such as gift items, candles, and fragrance oil lamps could help increase sales. Extending store hours will instantly boost sales. There are over 10,000 business units in U.S. carrying tobacco related products. Pro-active marketing targeting more retailers is necessary to take this store to the next phase.
Reason for Selling:
Seller wants to retire and join the family.
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.
- This is not a distressed business or bankruptcy situation.