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For Sale: Smoke Shop - Riverside County, California

  • Status: Active

  • Posting ID: 279065

  • 6/7/23

$375,000

Asking Price

Riverside County Smoke Shop Business For Sale

Description

Great opportunity to own an attractive, high volume, high gross profit, a major busy street located, high net, Smoke Shop located in an upscale and desirable city of San Bernardino County.

Please note, that this business has a high gross profit due to the high volume of glass pipes and smoking accessories resulting in the high net profitability of this business.

Additionally, this business does not engage in any Cigarette sales.

Business is 100% absentee owned and 100% employee-run.

Financial Highlights:
Gross Revenues F.Y. 2022: $607,878.00
NET/SDE(after add-backs) F.Y. 2022: $247,560.00

Total Current Rent: $4,946.00

Please note, that the Smoke Shop industry generally DOES NOT qualify for SBA loans, therefore this acquisition may require 100% buyer cash injection.

Proof of Funds will be requested to receive Offering Memorandum.

Qualified buyers are invited to execute an NDA and provide Proof of Funds to further pursue this acquisition opportunity.

Disclaimer: The aforementioned information was furnished by the Seller. Business Brokers or their agent(s) have not and will not verify the accuracy or completeness of the information provided and make no representations as to its accuracy or reliability. Purchasers are hereby advised to consult with their legal and financial advisors to the extent they may deem necessary.

To get more information about this Smoke Shop business for sale in Riverside County please phone Mani Singh (Agent - BRE License #:01397200) at 951-296-7646 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #279065 on BizBen.com. In addition to phoning Mani Singh, make sure you email Mani Singh above to get more info about this Smoke Shop, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01397200. TNW Business Brokers.

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Contact

  1. Name: Mani Singh
  2. phone iconPhone: 951-296-7646

Details

  1. Asking Price: $375,000

  2. Down: $100%

  3. Cash Flow: $247,560

  4. Revenue:   $607,878

  1. Area: Riverside County

  2. City: None Given

  1. Attributes:

    Broker CooperationAbsentee RunTraining & Support

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Related Links & Information Regarding This Posting

Email Mani Singh Below About This Posting


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