Fine Smoke Shop: Good Rent, Rev $300K, Netting $144K, Prc $120K, OC

Orange, CA
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Cash Flow:$144,000
Inventory:$30,000
Established Year:2020
Gross Revenue:$300,000
Rent:$2,300
BUSINESS DESCRIPTION

• Well-established smoke shop located in a hotspot of a strip mall, surrounded by large residential areas
• Lotto/Lottery. Turnkey
• Gross sales: $25,000/mo. As per seller's discretionary repesentation, not been yet verified by broker
• Net income: $12,000/mo. As per seller's discretionary repesentation, not been yet verified by broker
• Store: 900 SF in its size
• Rent: $2,300/mo, including CAM
• 2 years remaining on the current lease plus a five-year option
• No staff works. Owner wokrs full-time, 7 days
• Hours: 9 am to 9 pm, 7 days
• Established in 2020
• Ample parking space in front
• “Note”
> All information contained in this document is solely the result of statements made by the seller.
> Action Realty Task, Inc.'s Brokers and/or its Agents or subsidiaries make no representations or warranties as to the accuracy, completeness or validity of such information.
> Purchasers are advised to seek the advice of accountants, attorneys and/or other available business professionals, if deemed necessary, to verify the accuracy of any business information provided by our ads or agents.


ATTACHED DOCUMENTS
Non-disclosure Agreement .pdf Download

DETAILED INFORMATION
Location
Orange, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
31/05/2031
Competition
Yes
Support & Training
2 weeks after closing an escrow
Reason for Selling
Retire
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Kevin
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Kevin Kim