New/Popular Smoke Shop by USF: High Traffic Location!

Tampa, FL (Hillsborough County)

New/Popular Smoke Shop by USF: High Traffic Location!

Asking Price:$44,000

Cash Flow:$48,000

Gross Revenue:$60,000

EBITDA:N/A

FF&E:N/A

Inventory:$12,000*

Lease Rate/Sq. Ft.:$950

Established:2016

*not included in asking price.

New/Popular Smoke Shop by USF: High Traffic Location!

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Business Description

This is the PERFECT opportunity for a low maintenance business with a high return. Located in a busy high traffic area, this smoke shop opened just in May 2016 and numbers are increasing steadily every month. Already advertising at USF, Seller willing to pay remaining balance of Google advertisement until the end of the calendar year.

This shop has a popular homemade vapor menu and recipes with their own logos that are Best Sellers in the area and recipes will be given to the new Buyers.

Currently business is owner operated and one part time experienced employee is working, but the small space makes it easy to manage. Seller can prove all figures during due diligence. New security cameras are included along with all FF&E in purchase price. Inventory approximately $12,000 excluded in purchase price.

All inquiries MUST SIGN NDA (see attached) and then location and basic figures will be given. Please sign and scan/fax all NDAs to hyoung727@gmail.com or (813)265-3103.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
1
Facilities:
800 SF renovated space. Includes all FF&E with display cases and custom shelving and owned security system.
Competition:
Minimal competition in the area. With this easy access location and advertisements for USF students, this business is already growing after opening in May 2016. Seller has Google ad services and will honor rest of his term contract with them and will be given to the Buyer at no cost.
Growth & Expansion:
With consistent advertising, this business is already increasing in sales every month. Adding in more convenient store items could increase sales.
Support & Training:
Seller willing to train two weeks and current employee willing to stay on (has 6+ years of experience in this business)
Reason for Selling:
Seller needs to focus on his original business

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Richard Stone

Business Listed By:
Richard Stone

Premier Realty of Tampa

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