Tobacco, Smoke shop and Café with property

Anne Arundel County, MD

Seller Financing Available

Sample Pic
Asking Price:$2,200,000
Gross Revenue:$750,000
FF&E:$200,000
Established Year:2022
Cash Flow:$240,000
Inventory:$250,000
Real Estate:$1,700,000
BUSINESS DESCRIPTION

One stop shop----- Tobacco, Smoke shop, Café and much more WITH PROPERTY is up for sale in Anne Arundel County, MD. 4.8 Google Rating out of 210+ reviews..... sumps it up.
Building has been renovated recently including floor ,bathrooms, HVAC ,furnace ,lighting ,brand new kitchen with all brand new equipment ,walk-in refrigerator brand new ,freezer brand new walk in .Basically everything is brand new inside and outside. The amount of money that was spent on the building inside outside was excess of $600,000 in addition to the purchasing cost.
As the business getting older, the sales has been gradually increasing. This is only 3rd year in business.
This year projection is $750,000 based on growth in 2023.
The businesses is been in profits from first three months.
This business and Real Estate shall be a goldmine as there are so many businesses, Offices, residential homes, apartments nearby. The location can't be better than this.


DETAILED INFORMATION
Location
Anne Arundel County, MD
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,600
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
With 50% down for Qualified buyers in case by case basis. Seller shall make the final
Reason for Selling
Transiting to Wholesale business
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Nick
Adhikari
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Nick Adhikari