Absentee Smoke Shop in Great Shopping Center

Not Disclosed, CA
El Dorado County

Asking Price: Annual Revenue:
$170,000 $624,533

Retail: Non-classifiable

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RE: Absentee Smoke Shop in Great Shopping Center Broker: Terry Watts
License #: DRE#02191771

Quick Facts

Asking Price: $170,000
Annual Revenue: $624,533
Net Profit: Not Disclosed
Cash Flow: $64,647
Total Debt: Not Disclosed
FF&E: $24,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 3
BBN Listing #: 65014955
Broker Reference #: 7005-17647

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Business Overview:

This fully-absentee smoke shop is well-located in a very established shopping center. It is also the closest smoke shop to the primary shopping centers in town. Year 1 revenues exceeded $624,000 and it is expected to grow significantly as it gains even more recognition in the community. It has excellent ratings on Google. This is a great business for a buyer that wants a successful business with great potential that essentially runs itself.

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Property Features and Assets:

This business is located in a large, established shopping center with heavy traffic and plenty of parking. The facility is 1,200 square feet at a current rate of $1,560 plus $420 for proportionate share of operating expenses (total of $1,980/month). Current lease expires Oct 30, 2026 and has one 5 year option. Assets = $95,112

Market Competition and Expansion:

There is some local competition, however this business is uniquely situated in a great shopping center and is geographically separated from its competitors, giving it a distinct advantage in its market. Despite revenues of $624,000 last year, this business is still relatively new and has plenty of room to grow. With an involved owner and an effective marketing plan, this business could rapidly increase revenues and profits.

Reason for Selling:

Other Business Interests.

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.

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