Store Sells Cigarettes, Tatooing & Body Piercing
Location:
United States
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California
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Northern California - Bay Area
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San Jose
Industry: Retail > Convenience Stores Retail
Business Summary
PRICE REDUCED!
Seller To Sell All Goodwill, Inventory, Equipment, Computers, Software, Lease Agreements And Tobacco Contracts. Business Inventory Of Tobacco. Store has large patio area which could be setup as a Hookah Lounge. This would draw in traffic from the adjacent Indian grocery store and Indian clothing store. Seller needs to move to another area and is looking for a quick transition.
Seller Claims Revenues Of Approximately $30,000 Per Month And Seller's Discretionary Cash Flow Of Approximately $6,000 Per Month. Business Is Located In A 1,000 Sq. Ft Suite With An Additional Room Than Is Used To Perform Tattooing And Piercing. Building Is Located Within One Block Of Highway 680. Seller Is Tired Of Working Long Hours By Self. This Business Requires Two People To Run A Full 12 Hours Per Day. Buyer To Apply For transfer of tobacco contracts After escrow opens.
All Information Is Provided By The Seller And Is Believed To Be Reliable.
Versant Business Team, Inc. Or Its Employees Have Not Verified Any Of The Information Or Facts About This Business. Buyer Takes On All Responsibility For Due Diligence Regarding The Evaluation Of This Business. Buyer Is Advised To Talk To Accountants, Cpas And Attorneys Before Making An Decision On A Business Purchase.
Financials
Asking Price Range: < $250K
Gross Revenues:
$360,000
Cash Flow:
$72,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2004
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: As negotiated.
Reason For Selling: Seller needs to move to another area.
Photos
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Click on the "I'm Interested" button above for more information on this Retail > Convenience Stores Retail business for sale.
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Print Listing Id: 700111665
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