Retail - Miscellaneous Retail

Asking Price	$1,050,000	Inventory	$350,000*
Gross Income	$475,000	Real Estate
Cash Flow	$246,485	Year Established	N/A
FF&E	$75,000*	Employees	3

* included in the asking price

** not included in the asking price

This is a package of three successful retail cigar and tobacco shops. The business has been established since 1997 and the current owner has been expanding it and growing gross revenue since 2003. The business has a cigar club of over 1,000 current members and the members of the club enjoy benefits that include discounts on cigars and products & special cigar functions. The owner has recently launched his retail website which is expected to grow revenues substantially. Investment: The owner would also consider having a partner to help grow the business. His expansion goals are to reposition the business format to accommodate multiple revenue streams (add new product and revenue lines at each location) and either buy and build (to create a stand-alone locations) or to acquire more leased space to allow for the addition of multiple sales channels at each location. This focus is to drive revenue, promote cross-draw between the various sales channels, prevent smoke-related issues with neighboring stores, and better accommodate customer demand. For more information please contact Don Hauck @ 843-425-4859 or dhauck@sunbeltnetwork.com

Competition: The Area: The area has more than a million tourist a year and roughly 9,000 new residents per year. The county has a strong economic plan which has been successful in attracting new businesses and creating new jobs in the area. This is a great looking Tobacco shop close to many famous golf courses. Their competitive advantage is that they have many exclusive purchasing contracts with the elite cigar manufactures of the world.

Growth/Expansion: The owner has grown the business from one location to three successful locations. He is adding a website to help grow total sales. The owner has experience in opening up new locations and would consider selling the whole package or obtaining a partner. To help with the continued growth.

Financing: Negotiable

Support/Training: Seller will provide training for new owner or new partner

Reason Selling: Other interests