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Businesses For Sale   >>   Other Retail Businesses For Sale

Drive Thru Cigar Business

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1500000
Net Profit / Cash Flow  $175000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1983
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Another business

Description  
This merchant is arguably the highest grossing tobacco retailer in LA County. The high traffic location and 35-year history has made them a consistent high earner. The current owner has operated the business for the past 7-years. He operates numerous unrelated business interests and spends a minimum amount of time at the location. It can effectively be operated as an absentee owner if desired. Operating costs are minimal. A sophisticated POS system tracks the high volume of cash transactions. The current staff of full and part time employees is very stable and willing to remain. The 7-day / week operating schedule consistently generates $30,000 + a week in revenue. The owner is focused on growing his much larger business interests and is prepared to sell this cash cow. A purchase price of $275,000 will generates an enormous Return on Investment. This will not likely last for long. For more information, please email or contact Fred Mercuro at 818-342-5222 x341.


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