Profitable Newsstand / Tobacco Store
Location:
United States
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California
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Northern California - All Northern California
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Tracy
Industry: Retail > Other Retail
Business Summary
This Business Is A Magazine And Newspaper Retailer Specializing In Hard To Find Items Such As The Daily Racing Form, A Large Selection Of Periodicals For The Hobby Enthusiast, And Newspapers From Outside The Area. The Company Also Stocks All Mainstream Magazines And Newspapers.
The Store Has A Steady Local Clientele That Has Been Frequenting The Place For Many Years. The Business Also Draws Customers Throughout California As Well As Seasonal Out Of State Customers.
The Company Offers A Unique Mixture Of Newspapers And Magazines. It Caters To Commuters With Early Morning Store Hours (5:00 Am) And Coffee. Customers Who Are Looking For Specialty Material Patronize The Store And Refer Their Fellow Hobbyists Or Club Members. The Company Also Carries A Variety Of Tobacco Products Including Its Own House Blend. Lottery Tickets, Books, Candy, Chips, Other Food Products, And Soda Provide Additional Sales.
The Company Has A More Extensive Selection Of Magazines And Newspapers Than Any Of Its Competitors. Because Of Its Strong Customer Service Orientation, Clients Place Standing Orders For Newspapers And Magazines.
The Store Has Been Around Longer Than Any Business In Tracy. It Has Outlasted Competitors Who Were Located In Stockton And Modesto But Who Are No Longer In Business. The Company Is An Authorized Mailer To Prisons.
The Market Is Comprised Primarily Of Walk-Ins, Collectors Or Hobbyists, And Fringe Groups Looking For Specific Material.
The Company Leases Approximately 800 Square Feet Adjacent To A Historic Building In Downtown Tracy. The Company Pays Rent Of $800 Per Month. The Lease Expires On 7/31/2010. There Is One Five-Year Option Renewal Available. The Lease Is Assignable.
The newsstand Is Profitable And Easy To Run, A Winning Combination.
This Business Is Ideal For The Entrepreneur Who Enjoys Working With A Variety Of Customer Personalities, Likes To Do Different Tasks Throughout The Day, And Is Very Content To Make Decisions Without A Committee.
Financials
Asking Price Range: < $250K
Gross Revenues:
$300,707
Cash Flow:
$89,432
Cash Flow Type: Sellers Discretionary Cash
Inventory: $75,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1948
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Two weeks at twenty hours per week.
Reason For Selling: Severe medical disability.
Click on the "I'm Interested" button above for more information on this Retail > Other Retail business for sale.
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Print Listing Id: 70075073
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