Tobacco Shop On High Traffic Road (Downriver )

Not Disclosed, MI
Wayne County


Asking Price: Annual Revenue:
$60,000 $252,127

Retail: Non-classifiable


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RE: Tobacco Shop On High Traffic Road (Downriver ) Broker: Inquiry

Quick Facts

Asking Price: $60,000
Annual Revenue: $252,127
Net Profit: Not Disclosed
Cash Flow: $29,133
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: TBD
Employees: 1
BBN Listing #: 15072679
Broker Reference #: B2633

Email or Print Listing

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Business Overview:

This is a great opportunity to own your own tobacco shop on a busy road with LOW rent. This shop has been established for many years and the current owner has owned it for 13 years. He has loyal clients who come to buy cigars, cigarettes, accessories, and lotto. Lotto sales for 2020 were $395,578 alongside the $252,127 of in-store sales.The seller keeps spotless records of all sales from his years of ownership. Sales in 2020 took a slight dip due to seller closing for 2.5 months due to personal health reasons.

The business is located in a busy area of downriver with great visibility from the road. It has street parking and also a large parking lot attached to the building. The interior of the business is set up and organized well with a small seating section. There is also a lot of room to add in new products that the current owner does not carry. This store has a big walk-in and well-organized humidor with many cigar options.

The seller is older and ready to retire. He does not carry any vapes or vape accessories. A new owner can include those items to increase sales dramatically. This is a turn-key business for an owner-operator with a great history and loyal customers within the area.

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Reason for Selling:

Retirement

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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