$1,499,000.00
Asking Price
Status: Active
Posting ID: 269994
1/12/24
Description
For sale is a tight and clean wholesale/retail owner-run operation in San Diego County, CA. They have a huge database of repeated loyal smoke shop owners who come in and pick the merchandise up and pay on the spot. It is well-established and has been profitable for over 28 years.
Merchandises (not included in the price - approx $2M) include cigarettes, cigars, smoke accessories, pipes, lighters, and much more. The seller owns the property and is willing to rent it out to the buyer and grant a generous long lease depending on the offer. This warehouse has a state-of-the-art POS system that provides many useful reports and controls, very organized shelving, inventory and machinery, and all other needed conveniences to perform all necessary functions & operations of this business.
There is great potential to grow since the seller currently does not advertise nor fully utilize the state of art POS system to its full potential. The business has very minimal exposure online. The owner is planning to retire and enjoy life after running this lucrative business. You can increase profits by online marketing targeting more retail shops, moms and pops stores in the Southern CAL area accounts, and new businesses. Business hours are 7 am - 5 pm Mon-Sat. Closed on Sun.
The buyer is to verify all before the closing of escrow This business has a 5-star rating on Google.com and an A+ on BBB.
The annual gross sales are $7.5M and the annual net income is $375K+. The rent owner will grant $17,000/month + CAMs. The lease is 5 years + a 5-year option. There are 5 part-time employees and 1 owner. Inventory is approximately $2 million.
To get more information about this Tobacco Wholesaler - SBA Pre Qualified business for sale in San Diego East County please phone Mike Yalda (Agent - BRE License #:01429238) at 619-244-9089 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #269994 on BizBen.com. In addition to phoning Mike Yalda, make sure you email Mike Yalda above to get more info about this Tobacco Wholesaler - SBA Pre Qualified, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01429238. Keller Williams El Cajon Realty.
Contact
Details
Asking Price: $1,499,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $7,500,000.00
Area: San Diego East County
City: None Given
Attributes:
My Notes About This Listing
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Revenue
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Down
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Cash flow
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Revenue
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Down
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