|Total Adjusted Net Income||$43,338|
|Equipment / Fixtures||$20,000|
|General Location||San Bernardino County|
Buy this head and smoke shop located in a large shopping center with major retailers, restaurants and service businesses right off a major highway, and become the new owner. The store carries a wide range of smoking paraphernalia, tobacco and cigars. The inventory is currently valued at $50k at cost. The store has a large showroom with customized decorations as well as a large office/storage space to keep inventory and accounting. It is secured with state-of-the-art security cameras.Whether you want to break into the smoke shop market, with a steady/loyal clientele, or expand your existing smoke business, this can be a great source of income / profit. And there is more! You can continue taking a commission on the ATM and Bitcoin machines placed inside the store, with several passing through daily movements. The shop is absentee-run and the Seller estimates that an on-hands owner can expect to double the net-income as they will keep all salary cost for themselves and as they can be closer to their shoppers to provide personalized offers and services.
|Gross Revenue||$255,179||Listed Price||$120,000|
|Total Income||$43,338||Down Payment|
|Base Rent||$4,000||Square Feet||1400|
|Total Rent||$4,000||Lease Expiration||08/2021|
|Rent Deposit||$4,500||Lease Options||5 years|
|Equipment / Fixtures||$20,000||Other Assets||$2,000 (signage), murals (artist-made)|
|Full-Time Employees||1||Training Period||10 Days|
|Part-Time Employees||1||Special License Required||California & Tobacco Products Retailer's License|
|Contract Staff||Reason for Selling||Other interests|
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written ization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.