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For Sale: Gifts Novelties Cigars Shop - Newpark Mall, Newark

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Current Status: Active     Posting #: 254308     Last Refreshed: 9/17/19     BRE License #: 01433114    
Contact: Harry Sidhu, CBB At 510-490-9705  -  Also Email This Contact Below
Price:  $39,000     Down:  All Cash     Adjusted Net:  Call     Revenue:  Call    
Business Address:  None Given     City:  Newark     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  Call
Newpark Mall, Newark Gifts Novelties Cigars Shop Business For Sale

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For Best Results & Response, Email & Phone This Contact: Harry Sidhu, CBB at 510-490-9705.

  Description About This Posting: Gifts Novelties Cigars Shop
A unique concept of showcasing diverse variety of merchandise is ideally located on ground floor of Newpark Mall in Newark, CA. Store was originally established in 1980. Current owner been running this store since 2012. This business sells Cigars, Tobacco products, accessories, pipes and variety of novelty items. Store is located two spots away from main entrance next to new restaurants and accelerators. Seller is semi-retired and semi absentee. As per seller owner operator could easily net $5000/month. Tons of upside potential. Inventory approximately $25,000 is in addition to the asking price.

Equipment Include: Walk-in Humidifier, Cash Register, Main counter, wooden shelving, glass showcase Much More. A full list of equipment is available with the Listing Broker.

General Information:
Organization: Sole Proprietor | Square Footage: ~1250 Sq. Ft. | Licenses Required: City Bus Lic, SBOE, Tobacco Lic. | Days Open/Hours: 10:00 am to 9 pm, Sun 11:00 am to 7:00 pm | Reason for Sale: Retirement

Lease:
Rent: $1,545/Month
Lease: New lease to be negotiated with Landlord

Revenue:
Gross Sales: ~$10K/month

Financing: All Cash

Broker Disclaimer:

We obtain the information in this marketing package from sources we believe to be reliable. However we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may bit represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.

To get more information about this Gifts Novelties Cigars Shop business for sale in Newpark Mall, Newark please phone Harry Sidhu, CBB (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #254308 on BizBen.com. In addition to phoning Harry Sidhu, CBB, make sure you email Harry Sidhu, CBB above to get more info about this Gifts Novelties Cigars Shop, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Harry Sidhu, CBB, Broker: SF Bay Area, Central Valley, SAC Region

Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.

AJ Rana - Business Broker, San Francisco Bay Area

Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services - California

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Joe Sandbank, Esq: Legal Services For Buyers, Sellers, Brokers - Throughout California

I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process. Please phone 916-672-8018 for more info.

Elizabeth McGovern: Escrow Services - San Francisco Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services - California

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.


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