Profile: Cigarette Store.
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Ad/Listing Information
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Contact Information |
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| Status: |
Available |
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| State: |
California |
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| Location: |
SF Bay Area |
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| Area: |
San Francisco Bay Area |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Retail Related |
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| Secondary Category: |
None Given |
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| Seller Or Contact: |
Adrees Sharza, Agent
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| Primary Phone: |
925-932-2450 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/14/09 |
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| Date Last Revised: |
10/14/09 |
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| BizBen Ad #: |
149435 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$159,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
Call/Email |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Is Not Your Typical Cigarette Store; A Lot Of Time And Money Has Been Spent To Make This Into An High-End Cigar Shop Which Caters To The Big Spender In The Surrounding Area. The Owner Has Established Many Direct Contacts With Major Distributors That Provide The Best Cigars At The Lowest Price. He Has Also Established A Rapport With Event Coordinators For Scotch Tasting That Pays Him $800 To Attend The Special Events. In Addition To That, The Event Coordinator Purchases An Average Of About $2,000 During That 1-2 Day Event. He Also Has Exclusive Rights At Golf Tournaments. Seller Claims: $28,000 - $30,000 Gross Sales Per Month (60% Of Sales Come From Cigars-Which Has A 50% Margin), (30% Of Sales Come From Cigarettes-Which Has A 20% Margin), And (10% Of Sales Comes From Accessories-Which Has A 70% Margin). He Also Has Special Lockers That He Rents Out @ $349.00/Year (50% Is Currently Rented Out).New Lease -(5yr. 1x5 Option), Rent:$2,782/Month Includes Water And Nnn.
Average Pg&e- $250/Mo.
Average Alarm- $35/Mo.
Average Cable/TV/Phone/Wireless: $89/Mo.
Average Insurance: $220/Mo.
Average Inventory: $60K-$80K (Not Included In Sale Price)
Security System With 4 Cameras Included.
Average Net Profit As Owner Operator: $72,000 Per Year Or $6,000 Per Month
Reason For Sale: Dissolving Partnership.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Adrees Sharza, Agent at 925-932-2450 |
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