Tobacco Park Inc.

Laurel, MD (Anne Arundel County) (Relocatable)

Seller Financing Available
Tobacco Park Inc.
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Asking Price: $135,000

Cash Flow: N/A

Gross Revenue: $396,000

EBITDA: N/A

FF&E: $30,000

Inventory: $80,000

Rent: $2.18 /Month

Established: 2016

Tobacco Park Inc.

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Business Description

One Stop Tobacco Shop! Serious Buyers only, asking price is negotiable

The store averages about 30-35,000 a month.
Tobacco Park is an established retail location, located in Laurel Maryland established in 2016. The business has already built a regular loyal customer base and is rapidly gaining more consistently. Tobacco Park continues to attract tobacco enthusiast in the community with its wide variety of tobacco products and accessories, not to mention its upbeat welcoming atmosphere. The wide range of products we provide are cigarettes, premium cigars, vapes and accessories, hookahs and accessories, lottery, a variety of different pipes, roll your own tobacco, and much more. Customer are also provide with service such as repairs, maintenance, product request, and expert knowledge of all products.
Tobacco Park is conveniently located on a major road extending throughout Laurel. Tobacco Park is rapidly becoming one of the most popular retail stores in the laurel, Columbia and Arundel mills area even being featured in the Laurel community magazine. The reason for this business's success is due to the wide variety of products we have available for our customers. The store layout was specifically designed to have all the products to be displayed in different sections, so whichever smoking method a consumer prefers they have different brands and options to select from. We have a temperature control room of 100+premium cigars with a variety of name brands. A hookah section with an assortment of different hookahs including the shisha from multiple known brands, an array of different charcoals, accessories to customize hookahs, and extra parts for repairs. A vape section that has popular Mod Kits and separate parts for customers to customize as they please, a wall of different e-juices flavors, and extra parts for repair and building. There is a wall of almost every cigarette brand and one side that was built on customer request. Lottery has its own area as well with scratch offs, keno, horse race, power ball, mega million, and more. Now that Marijuana is in the process of being legalized in Maryland and dispensaries have already opened more customers have been coming in to purchase papers, glass pieces, and vaporizers, which we have separate sections for each. The store has everything our customer want and also provides them with the ability to choose and try different products.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
12/1/2026
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Property is being leased It is a 10 year lease with the option to restructure after 5 years. The space is 1200 SF. It is located on a 70,466 SF shopping center, which has plenty of parking. It has Greatly visible from Highly traveled Rt. 198. The business offer includes all inventory, equipment, and furnishing. The business is being sold as is.
Competition:
There is one other Tobacco retail location in the area, but three major factors separate us our products, atmosphere, and services.The second competitor would be total wine. The last competitors are a collective group of convenience/ gas stations there is an Exxon, a shell station, and a 7-eleven. In conclusion the real advantage we have over all our competitors is that we provide our customers with everything they can provide and more in one location and it is back by better customer service. We provide quality products for the lowest price.
Growth & Expansion:
There is tremendous grow potential due to the fact the store already has a loyal customer base which continues to increasing. There has also been offers made by local business such as the Laurel Horse track and the local Golf course to advertise and hold vending events to promote our products. Not to mention the increase of Military personnel from Fort Meade military base taking advantage of our military discount. Lastly, the dispensary that was recently opened locally has driven sales up.
Support & Training:
The current Operations manager will provide training and support to the Buyer upon request. A three week training course that will cover product knowledge, system training, inventory and product purchasing, and general sales and marketing tactics. Training will be available during the purchasing process, while the store is still operating on normal business hours.
Reason for Selling:
The business is unfortunately up for sale because the owner is moving
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Business Listed By:
mohammed abdalla

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