Profitable Tobacco Store

Fort Wayne, IN (Allen County)

Profitable Tobacco Store

Asking Price:$65,000

Cash Flow:$42,549

Gross Revenue:$350,089

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$55,000*

Established:14

*not included in asking price.

Profitable Tobacco Store

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Business Description

Neighborhood tobacco store with established repeat customer base. Business is currently operated as an absentee owner. A new owner operator could grow sales by increasing items available at the store and engaging customers. There are 2 empty city lots that are included with the real estate. Average daily traffic count is 24,100 according to the city of Fort Wayne.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
5
Facilities:
1000 sq. ft. stand alone building on a busy 4 lane road. Business sits on .56 of an acre with a 3000 sq. ft. parking lot.
Competition:
The business is located in a prime location on 4 lane road. This location provides easy access from either direction and is also within walking distance for many of it customers.
Growth & Expansion:
Current owner is absentee. A new owner could grow the business by investing time and expanding the current selection of products carried at this location. Products could include cigars, e-cigs, cell phones, accessories, pop, and snacks.
Financing:
N/A
Support & Training:
Current owner will stay on for 30 days of training to assist the new owner. PLEASE BE ADVISED: PRIOR TO THE RELEASE OF ANY CONFIDENTIAL INFORMATION, THE SELLER REQUIRES ALL BUYERS TO DISCLOSE THEIR FINANCIAL QUALIFICATIONS THROUGH COMPLETION OF A CONFIDENTIAL BUYER QUESTIONNAIRE ALONG WITH A NON-DISCLOSURE AGREEMENT. SELLER’S APPROVAL OF SAME IS REQUIRED BEFORE CONFIDENTIAL INFORMATION IS RELEASED. PLEASE CONTACT OUR OFFICE FOR THE FORMS AT 800-636-7046.
Reason for Selling:
Retirement

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Ricky Kerns

Business Listed By:
Ricky Kerns

Midwest Business Brokers Inc.

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Sponsoring Broker:
Dan Replogle, CBI, CBC, CCIM, M&AMI

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