BIRMINGHAM, Alabama
| Asking Price |
$999,000 |
Year Established |
|
|
| Annual Revenue |
$1,250,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Kavita Purohit |
|
| Annual Cash Flow |
$864,000 |
Listing Number |
1007698 |
|
| # of Employees |
|
Business Category |
Retail: Smoke & Vaping Shops |
|
Business Overview:
High-Volume, Highly Profitable Retail Business! Strong and consistent sales volume with approximately $1.25 Million in annual sales.
Financial Information:Exceptional profit margins! Average product margins are approximately 70%, generating strong gross profits!
15-Year Lease Available for the Buyer! Rent is only $4,400 per month, providing an exceptionally low occupancy cost relative to the store’s sales volume.
Minimal Payroll! Payroll is approximately $4,500 per month, with only one full time employee needed to operate the business.
Annual Net Profit is over $864,000!
Stores with this level of profitability and low overhead rarely come to market.
Store Information:
Space is approximately 2,400 sq ft!
Located immediately off an Interstate exit along a major retail corridor, with a major national retailer nearby helping drive consistent customer traffic. Other national tenants in the surrounding area also contribute to strong traffic and visibility!
Population is approximately 45,000 within a 3-mile radius and over 125,000 within a 5-mile radius!
Fantastic Reviews! The store maintains a perfect 5.0-star rating with hundreds of customer reviews!
Strong daily traffic counts provide significant vehicle exposure along the surrounding retail corridor!
This is an extremely high-margin retail business generating approximately $864,000+ in annual net profit, making it one of the most profitable businesses of its type in the Birmingham market!
Asking Price for Business Only Reduced to $999K plus inventory! Inventory is guesstimated at $300,000 at cost. Rent is only $4,400 per month with a 15-year lease available!
Low Overhead! Net profit is over $72,000 per MONTH after paying all operating expenses, including payroll, rent, and other overhead. An owner-operator could potentially take home over $76,000 per month.
The business has established a loyal customer base and is known for its cleanliness and excellent customer service!
Median household income is approximately $59,000!
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity