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Tobacco Shop For Sale
Location: United States -> New Jersey -> Gloucester County
Industry: Retail > Other Retail




Business Summary

This is a great starter business. The sales are increasing every month since the store has opened eight months ago. Amazingly the way lottery commission is increasing, the lottery commission is projected to reach $30,000 for the year 2015. This is mainly a Tobacco shop. 50% of the sales are cigars, Pipes and tubes and other accessories and flavored chewing tobacco all of which are at very high margins and the other 50% sales are from Cigarette which is low margins so the gross profit margins balances out at 25%.

The location is excellent in a strip center on a very busy road in the heart of the town. The store has been functionally designed with great care. It shows very well. The lots of products are displayed within compact space but neatly organized. Every item in the store is bought and paid for including two soda coolers, ATM, computers and all reach looking counter cabinets to display the products. Cash flow projected is for owner/operator taking NO salary working 50 hrs. per week; before debt service.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $220,000
Cash Flow:   $48,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased




Print Listing Id: 700233439
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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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