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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

Tobacco Shop on High Traffic Road (Downriver)

Tobacco Shop on High Traffic Road (Downriver)

Wayne County

Listing#: C2633

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Description

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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Business Overview

Revenue $252,127 without Lotto
Cash Flow $29,133
Inventory $55,000 +/-
Year Established TBD
Seller Financing No
Employees 1FT 0PT
Asking Price $60,000
Key Statistics
  • Hours of Operation: Monday - Saturday: 9 AM - 6 PM, Sunday: 10 AM - 4 PM

  • Employees: 1 Full Time 0 Part Time

  • Year Established: TBD

  • Year Acquired: 2008

  • Liscence Required: Lotto / Sales Tax / City

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $252,127 without Lotto

  • Source: Tax Returns

  • Cash Flow: $29,133

  • Source: Tax Returns

  • Inventory Value: $55

Seller Financing
Not Available


Location
  • Monthly Rent: $875

  • Lease Terms:

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Disclaimer

This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.