Details - Information last confirmed on April 8, 2021
Central Alberta City
Cigar & Smoke Shop
Investment Level: 499,000 (Plus inventory of approx. 100,000)
Currently the owner works two days per week (Sunday/Monday) and the manager operates the business Tuesday to Saturday.
Some of the product lines this Cigar & Smoke Shop sells are Cigars, Pipes & Tobacco, and a variety of smoke related paraphernalia. The store, which is located in a Central Alberta city, and has been in operation for 4 years.
Last year sales were in the 925,000 range with Seller’s Discretionary Income being approximately 125,000 (if buyers continue with the existing work schedule) For a buyer interested in being a hands-on owner, the Seller’s
Discretionary Income would be closer to 175,000.
Either way the return on investment makes good economic sense so the financing this business with buyers having the appropriate down payment and a good credit standing should pose no problems.
Owners are great people and will spend the proper amount of time working with the new owners to ensure a smooth transition.
If you are searching for a simple business to operate and one that produces strong returns then this business should be on your must see list.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.