Last Revised: 9/11/19. Posting #: 254308
Key Words: gift, gifts, cigar, cigars, tobacco, smoke, novelty, novelties, newark, alameda, absentee
Financial Info: Price: $39,000. Down: All Cash. Inventory approximately $25,000 is in addition to the asking price. As per seller, owner operator could easily net $5,000/month. Gross Sales: ~$10K/month. Rent: $1,545/month. Lease: New lease to be negotiated with Landlord.
Profile: A unique concept of showcasing diverse variety of merchandise is ideally located on ground floor of Newpark Mall in Newark, CA. Store was originally established in 1980. Current owner been running this store since 2012. This business sells Cigars, Tobacco products, accessories, pipes and variety of novelty items. Store is located two spots away from main entrance next to new restaurants and accelerators. Seller is semi-retired and semi absentee. As per seller, owner operator could easily net $5,000/month. Tons of upside potential. Inventory approximately $25,000 is in addition to the asking price.
Equipment Include: Walk-in Humidifier, Cash Register, Main counter, wooden shelving, glass showcase Much More. A full list of equipment is available with the Listing Broker.
Organization: Sole Proprietor | Square Footage: ~1,250 sq. ft. | Licenses Required: City Business License, SBOE, Tobacco License | Days Open/Hours: 10:00am to 9pm, Sunday, 11:00am to 7:00pm | Reason for Sale: Retirement.
Lease: New lease to be negotiated with Landlord.
Gross Sales: ~$10K/month
Financing: All Cash
We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may bit represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.
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Key Words: tony calvacca, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, bagel, cafe, gift, toy, novelty, suffolk
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