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Profitable Smoke Shop, Price reduced 30K, Motivated Seller

Passaic County, NJ

Ten active accounts included, High sales volume
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Asking Price: $130,000

Cash Flow: $100,000

Gross Revenue: $365,000

EBITDA: N/A

FF&E: $15,000

Inventory: $55,000

Established: N/A

Profitable Smoke Shop, Price reduced 30K, Motivated Seller

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Business Description

A booming smoke shop located in the well-situated area is generating non-stop income every day. Low rent only $1600, has two reserved parking spots. The buyer will receive $50,000 worth of inventory without additional charge. Great for investors to own a piece of jewel that already has 10 active whole accounts and bringing incomes from both retail and wholesale. The shelf merchandises are constantly refilled every day due to high turnover and the number of accounts is growing every month. Total sale $360,000. Profit $130,000. Asking $130,000. Priced just reduced by $70,000. Motivated seller. Best deal!

Detailed Information

Location:
Passaic County, NJ
Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Near all amenities, shopping center, plenty of parking space for the customer. Two free parking space for the owner, Several large, new showcases, Ten commercial accounts generating regular orders
Competition:
Growing market, open 7 days due to good business, No competition in the nearby surroundings, lots of traffic, inventory included
Support & Training:
Training and support provided
Reason for Selling:
Other business committments
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Dean Bari

Business Listed By:
Dean Bari

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