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Tobacco Shop With Expansion Opportunity
Location: Canada -> British Columbia -> Okanagan
Industry: Retail > Other Retail




Business Summary

This is a successful business with constant increasing revenues despite COVID. With multiple new product lines added to the business the revenues have significantly increased from last year.

Located in central Okanagan, serving high quality tobacco products including:
- High-end cigars
- Pipe tobacco (both bulk and prepackaged)
- Cigarettes (both basic and specialty)
- High quality accessories
- E-cigarettes

The business has established an extensive customer base over the years. The business is currently operated as an absentee-owner. This is a great opportunity for an owner-operator or to have an increased cash flow.
Facilities
Excellent high-traffic location with 2,000 square feet of prime retail space. Includes two large store front window display areas that have been enhanced for added security. The current facility is adequate for future growth expansions. There are two private parking stalls behind the building with a reinforced heavy-duty metal door.
Growth/Expansion
This business is well-positioned to grow within the existing service areas by adding more industry-related products and/or mail order services. *** The additional 1,000 square feet of space, not currently used, provides a huge opportunity to expand the current operations to include more retail space or any other allowed usage. The Buyer has to do the due diligence to obtain the necessary approval to develop the unused space.***


Financials

Asking Price Range:  < $250K
Gross Revenues:   $450,000
Cash Flow:   $45,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $80,000
Seller Financing:  No

About The Business

Year Established:  2011
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700357644
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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