On-line Premium Cigar and Tobacco store. This is a well-established web based retail business with a well-established customer base that primarily purchase premium cigars such as the Arturo Fuente Opus X cigar on-line. The business was started in a retail store over 15 years ago. When the owners closed their retail store, they kept the equipment for the humidor and retained the sales agreements with the premium cigar producers such as Fuente, Cuesta Rey, Neos, etc. Sales were taken online and have continued at a steady pace since. The business could be rejoined with a retail storefront to dramatically increase sales. Also, if the store was re-associated with retail space, many customers would stop by just to look for and purchase premium cigars such as the famous Opus X. One down side to the transferability of the business, if it is moved outside of the state of Wyoming, many of the wholesale agreements will have to be renegotiated because they are territory specific.
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Property Features and Assets:
Home based on-line business. Requires a humidor to store product. If the business is co-located to a retail store, a walk-in humidor would be ideal. Owner estimates that 10'X10' by 8' tall would be minimum size to store and display product. More display space would be better. Also, there is an opportunity to generate revenue by renting space to good customers to store their cigars in the humidor. 70 degrees and 70% humidity are the magic numbers for the humidor. Assets = $43,141
Market Competition and Expansion:
Several on-line competitors. This Company has an established clientele that are interested in purchasing premium quality cigars.
High potential for growth. This business has been a hobby for the owners and they have not invested in advertising.
Reason for Selling:
Owners Main Street Business has grown
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.