Best cigar lounge in hartford county

Hartford County, CT

Seller Financing Available

listing image
Asking Price:$275,000
Gross Revenue:$749,000
Rent:$3,099/Month
FF&E:$50,000
Cash Flow:$149,000
Inventory:$135,000
EBITDA:$165,000
Established Year:2002
BUSINESS DESCRIPTION

We have full time manager and 2 part time employee to run cigar store very efficiently.Great investment for investor or working owner.great cash flow.You get return back in 18 months guaranteed. I can help buyer to get SBA loan with 30% down payment.there is 8% growth every year and projecting keep it that way as very solid store foundation from last 22 year business.thanks


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
08/03/2029
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
It is state of art cigar lounge facility.Very big walk in humidor plus 3 big slide humidor.Walk in humidor is automatic so you don't have to worry about humidity at all.Absentee run.only you need to spend 12 hrs a week.
Competition
There is always competition but no body can come close or compete with us.secrete will be released to potential buyer.
Growth & Expansion
We have tobacco distributors license so you can start wholesale business too.
Financing
30000
Support & Training
2 weeks- 30 hrs a week.on phone up to one month.
Reason for Selling
moving out of state.
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