3-Store Cigarette Chain with $185K Cash Flow

Fort Collins, CO (Larimer County)

3-Store Cigarette Chain with $185K Cash Flow

Asking Price:$350,000

Cash Flow:$187,000

Gross Revenue:$2,115,000

EBITDA:$187,000

FF&E:$40,000

Inventory:$200,000*

Established:2001

*not included in asking price.

3-Store Cigarette Chain with $185K Cash Flow

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Business Description

Solid three-store chain, which each store well-located for high traffic. The stores run pretty much on their own with a manager to oversee, but the manager, a relative of the owner, has come down ill, and cannot continue. The owner has other larger business that he needs to manage, so an excellent opportunity has arisen here for an entrepreneurial buyer to come in and take over an existing business with high revenue and cash flow.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Three small stores, 2 in Fort Collins and 1 in Greeley, all within high-traffic locations. Parking at each one is sufficient. All have reasonable leases for the size and revenue that they have.
Competition:
Each store is in a good location. Financials for each store are available.
Growth & Expansion:
Currently these stores sell mainly tobacco cigarettes The vape cigarettes are growing, and it is possible to bring in additional product lines, which could include marijuana, if desired.
Financing:
Possible
Support & Training:
Current owner will provide training and orientation for all of the locations for up to 80 hours, if needed.
Reason for Selling:
Owner has multiple businesses. Manager for this one resigned due to illness.

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Patrick B. Bentley

Business Listed By:
Patrick B. Bentley

Summit Business Advisors

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