Smoke Shop & Convenient store, Great Location

Everett, WA (Snohomish County)

Seller Financing Available
Smoke Shop & Convenient store, Great Location

Asking Price:$80,000

Cash Flow:N/A

Gross Revenue:$151,226

EBITDA:N/A

FF&E:$16,000

Inventory:$25,000*

Established:2014

*not included in asking price.

Smoke Shop & Convenient store, Great Location

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Business Description

This is a solid opportunity on a smoke and beer shop all the hard establishing work is done. Great high traffic location, very little almost no competition to speak of. Seller beautifully laid out a big open floor plan with lots of huge glass display cases, that are well lit and really showcase the smoking products to a very high eye pleasing level. This is not your typical smoke shop, once inside you and especially your customers will be impressed. About 1900 square so bigger and more spacious than the typical smoke shops, definitely impressive. Lots of refrigerated display cases to sell beer and nonsmoking products. Has a pretty big back room which is perfect for ordering products and goods in bulk to get cheaper prices and storing them until needed. It should be noted that many / most smoking products have high profit margins and long shelf lives. So no major clean up everyday. Has many parking spaces all to its own, so parking will never be a problem. Easy access from the busy street too. Currently daily sales are about $800 per day. This is a strong cash business. Some other ways to increase the profits are to take full advantage of the spacious floor plan. Could definitely offer more beer choices as there is customer demand for it. This store has the room to add a long aisle of shelves so retail sales could definitely take a stride forward as well. Could even offer more convenience store / mini mart choices. When you have the space creativity is much more easier. This is not a franchise new owner can take this ship in any direction he wants without worrying about royalties to pay or restrictions to follow. Seller is selling because wife is running this business but she now has a little baby and operating this store is keeping her from being the mom she wants to be. All the equipment is owned and included in the purchase price. With a strong purchase offer seller willing to give buyer a good deal on the $60,000 worth of store inventory. If you are interested in a buying a smoke shop this one has so much to offer and is really more than just a smoke shop. Come on and stop by we are sure you will be impressed.

Detailed Information

Inventory:
Not included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease is very good for the high traffic location and spacious floor plan. Only $3,100 a month and that includes the triple net. Lease expires 2019 is assignable and has a 5 year option. About 1900 square feet, and lots of parking, more than 12 spaces. Big back room excellent for storage space. Lots of refrigerated display cases and lots of lighted display cases to showcase your smoke products.
Competition:
Some other ways to increase the profits are to take full advantage of the spacious floor plan. Could definitely offer more beer choices as there is customer demand for it. This store has the room to add a long aisle of shelves so retail sales could definitely take a stride forward as well. Could even offer more convenience store / mini mart choices. This is not a franchise new owner can take this ship in any direction he wants without worrying about royalties to pay or restrictions to follow. Great high traffic location, very little almost no competition to speak of
Growth & Expansion:
Some other ways to increase the profits are to take full advantage of the spacious floor plan. Could definitely offer more beer choices as there is customer demand for it. This store has the room to add a long aisle of shelves so retail sales could definitely take a stride forward as well. Could even offer more convenience store / mini mart choices. This is not a franchise new owner can take this ship in any direction he wants without worrying about royalties to pay or restrictions to follow. Great high traffic location, very little almost no competition to speak of
Financing:
80% down seller financing case by case basis
Support & Training:
2 weeks training offered
Reason for Selling:
She has a baby now so she wants be a full time mom

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David Smith

Business Listed By:
David Smith

Coldwell Banker Bain

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