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Businesses For Sale   >>   New Jersey Businesses For Sale

Smoke Shop & Lotto

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $250000
Net Profit / Cash Flow  $80000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1995
Number of Employees  1 - 3
Inventory  45000 Equipment Only
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The owner will remain post-closing for 30 days and supply a transitional period.
Reason for Sale  The owner is retiring after many successful years in the retail industry.

Description  
Great income and business opportunity for this successful convenient store, smoke shop which also offers, Lotto, ATM and some food products. The owner is retiring after many successful years in the retail industry. The business sales represents 80% tobacco and the remaining income is derived from food products, Lotto and ATM. The customers receive unparalleled services and products from this highly successful Tobacco Shop and they are committed to deliver excellence in everything they market. Their customers feel confident that they are receiving exceptional products and the highest quality services. They carry the highest quality cigar brands, pipe tobaccos, and accessories, also Hookah Tobacco & Hookah accessories. If you are searching for a specific item that they currently do not have, they will do their best to get that item in for you. This tobacco Depot is your one stop shop for all your tobacco needs and they specialize in Roll Your Own (RYO) products and feature a wide selection of premium cigars from all your favorite brands.This particular business has one employee who is unaware of the pending sale and fully expected to remain post-closing, monthly payroll $950. The business has an assignable commercial lease which expires 2016-01-01 plus additional options, with a monthly rent of $850 and rent security $1,800. The business is located on a commercial avenue in a retail setting which consists of 1,000 square feet and has a capacity for approximately ten customers. The sale includes a fully equipped commercial retail store, with various displays, shelving, refrigeration units, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate municipal parking near to the business location. The business is active 61/2 days per week, with hours from 9:00 am to 8:00 pm.


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