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  Home > Search Results > For Sale: Gifts, Novelties, Cigars Shop

For Sale Gifts, Novelties, Cigars Shop In Newark, ALameda County, CA

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Contact: Harry Sidhu at 510-490-9705 - Log In To Message/Email This Contact
Last Revised: 9/11/19. Posting #: 254308
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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.

General Information:
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:
Rent: $1,545/month
Lease: New lease to be negotiated with Landlord.

Revenue:
Gross Sales: ~$10K/month

Financing: All Cash

Broker Disclaimer:

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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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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Contact: Tony Calvacca at 866-449-6922, 516-319-2214 (Cell)   Log In To Message/Email This Contributor
Profile: Tony Calvacca is a Managing Partner and Principal of the NYBB Group and a Certified Business Intermediary (CBI) with the IBBA. Tony provides M&A and Business Brokerage services to business owners of privately held companies with annual revenues in the $5 million to $50 million range.
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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