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Specialty Tobacco Retailer With Video Rental Store For Sale

Texas
Asking Price:
$1,300,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$757,000 (USD)
Cash Flow:
$70,000 (USD)

All inclusive with property, inventory and equipment! This retail business specializes in the sale of tobacco products. The primary products are cigarettes, cigars, snuff, roll-your-own, pipes, vaporizers, e-cigarettes, humidors and smoking accessories. The company also provides movie rentals and snacks. The 2,500-square foot facility is located South of Dallas-Ft. Worth (DFW) near popular lake destination. Offering these services requires a facility to display and store inventory, a special humidor room for cigars, and knowledgeable personnel to assist customers. The company has a proven track record, supported by its 13 years in business and the longstanding reputation it maintains with its customers. Revenues have decreased over the past few years due to an ongoing construction project to widen the road directly in front of the business, making it inconvenient for customers to get to the business. The road is expanding from two lanes to five and construction is set for completion at the end of 2017. Last year, total revenue was $757,214 with Discretionary Earnings of $70,000, rounded. As of November 1st, sales have passed projections and set new projections over $750,000 once again. Two unnecessary employees leaving during 2017 should increase profit margins for 2018.

Property information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Monday-Saturday 10-8

Employees:
2
Years established:
2005

Other Information

Support & training:

The owners are available for a reasonable transitioning. One needed employee will be staying on.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$23,000 (USD) - included in the asking price
Inventory / Stock value:
$200,000 (USD) - included in the asking price

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