S237 - Cigar / Tobacco Retail Store

Cigar / Tobacco Retail and Distribution

Location
City San Antonio
State TX
County Bexar

Financial Information
Asking Price $150,000 Show Loan Calculator
Down Payment
Annual Receipts $344,254 (2009)
Cash Flow $80,271 (2009)

General Information
Description This is a unique opportunity to own an established business in the Cigar/Tobacco Industry. The tobacco license includes ability for to manufacture cigars leading to higher margins. The business includes retail and internet revenue streams. The opportunity for growth is in increasing online sales and potential wholesaling. The business has one retail location in a very high foot traffic area. Business and Financial records are very organized. The asking price includes approximately $43k in FFE and includes approximately $65-75k in inventory. The lease includes a retail location and a storage facility to age and store cigars in inventory. Current owner is willing to train new buyer for seamless transition. New owner does not need to have Cigar knowledge. Owner is retiring after the sale. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Doug Scheiding at 210-348-8989 or email at info@bbofsa.com for more information.
Reason For Sale Owner retiring
Franchise No
Home Based No
Relocatable No
Year Established 1996
Year Acquired
Employees 1 FT 2 PT

Building Information
Building Sq. Footage 500 sq. ft
Monthly Rent $5,250
Real Estate Available No

Contact Business Brokers of San Antonio for more information.