$Seller Financing Available
| Asking Price |
$199,000 | Inventory |
$85,000** |
|---|---|---|---|
| Gross Income |
$888,000 | Real Estate |
|
| Cash Flow |
$125,000 | Year Established | 2007 |
| FF&E |
$25,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
Business Summary: This is a nearly new store is in a high traffic area with anchors such as Home Depot, Wal-Mart, Payless Shoes and Staples. The store sells cigarettes, cigars, lottery tickets, glass and wood water pipes, lighters, pipes and pipe tobacco and tobacco paraphernalia. The store has many regular loyal customers, selling many accessories. 60% of income is in cigarette sales, 20% cigars and 20% gifts. Growth potential: There is not another liquor store within 3 miles. The lease allows liquor/tobacco; add liquor for more income and traffic (you will need the City s approval). Staying open to 11 pm, starting a cigar club and adding Hookah s will bring more foot traffic. Current owners have never done any advertising. Equipment List: Cigar Humidor holds 1000 cigars Security system with 4- cameras 3- 5 ft. glass top showcases (counter height) 5- 6 ft. glass front showcases w/ glass shelves 2- 6 ft. glass square cabinet Stereo System 2- 5 ft. wood bookshelf units Cash register Credit card machine Telephone Copier Area: The Central Coast of California is one of the most sought after and lowest cost places to live by the Ocean, with an explosive investment real estate growth. Supported by tourism and surrounded by pristine beaches, wine country and healthily living makes this a dream destination. The area is still small enough to be considered rural with huge growth potential. Rarely do you find the perfect convergence of location, land, climate, heritage and architecture.
Growth/Expansion: There is not another liquor store within 3 miles. The lease allows liquor/tobacco; add liquor for more income and traffic (you will need the City s approval). Staying open to 11 pm, starting a cigar club and adding Hookah s will bring more foot traffic. Current owners have never done any advertising.
Seller Financing Available: Yes
Financing: Seller will carry 50% note for 1 year at 12%
Support/Training: 1 week, 15 hours
Reason Selling: Absentee Owner, Out of Area Owner

Gary Bayus
805-773-5447
Prestige Business Sales
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