Tennessee Smoke Shops - Sales $2.7 Million - Cash Flow $320K
Tennessee
| Asking Price: | $947,700 |
| Gross Revenue: | $2,700,000 |
| FF&E: | $60,000 |
| Cash Flow: | $320,000 |
| Inventory: | $175,000 |
Listing ID: 2306939Listing provided by BizBuySell
BUSINESS DESCRIPTION
(2) Busy Smoke Shops. Located Between Nashville and Memphis. The Stores are only 8 miles apart - they do not compete - different Clienteles. Well Merchandised Stores - Attractive Locations.
First Class Operation. Modern Storefronts. This is a very Popular Retailer, that Caters to the Customer - both in Value and Service. Keeps Loyal Customers Coming Back. Experienced and Knowledgeable Staff.
The Stores both have low Rents ($4045 / Month). The Seller takes Pride in the ability to keep the overhead in the shop reasonable. Combined Sales of $2,700,000 with Cash Flow of $320,000+/-. Email to request additional information for Listing #890.
DETAILED INFORMATION
Location
Tennessee
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Store #1 is 2400 SF. Store #2 is 1500 SF. Low Rents. Long Term Leases. Asking Price includes all furniture, fixtures and equipment. Turnkey Operation for New Buyer.
Growth & Expansion
This is an excellent opportunity for a Husband/Wife Team (Labor Could be Reduced); Entrepreneur or Investor.
Financing
SBA Loan for Qualified Buyer. (Down Payment Needed $280,000+)
Support & Training
Seller will provide thorough training to insure a smooth transition.
Reason for Selling
Partnership Issues
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