Four Very High Cash Flowing Specialty Stores, $400K Inventory Included
Financial Information
- Asking Price: $1,195,000
- Gross Revenue: $1,384,617
- Cash Flow: $413,089
- Down Payment: ON REQUEST
- FF&E (Included): $325,750
- Inventory: $400,000
- Financing: Yes
Business Location
- Garland
- Garland County
- Arkansas
Incredible opportunity to invest in a growing, hot business sector. The chain of stores includes four successful specialty retail shops selling tobacco, cigars, pipes, body jewelry, cigarettes, vapor technology, e-liquids, clothing, and other items. Located in desirable communities with attractive costs of living, the stores have very reasonable rents and produce over $400,000 per year in earnings for the owner. Sales growth exceeded 20% each of the last two years, including 2020. Sales have now reached over $1.5 million dollars, and the reasonable combined annual rent on the four stores is $75k (only 4.5% of total revenues). According to the owner, the business is poised to continue its excellent financial performance aided by a loyal customer base. You only need to visit one of the stores to realize why such excellent Google 5 star reviews are received. The four stores include at least $400,000 of inventory and nine solid employees. The owner will assist in a thorough transition to you, and wants to sell due to family needs. Lenders have suggested a qualified buyer with $125,000 down and matching owner financing will be looked at favorably. Move quickly to contact Roy Stephens at 501-225-7277 or email [email protected] A non-disclosure and proof of funds showing an ability to purchase will be required to obtain details on this outstanding business.
Support / Training Comments
Seller will negotiate a transition period
Financing Comments
Seller & Third Party Financing available for a qualified buyer
Reason For Sale
Personal Transition- Home Based: No
- Year Established: 2008
- Franchise: No
- Year Acquired: 2008
- Willing to Train: Yes
- Relocatable: No
- Required Licences: Business
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Days Open: Monday-Sunday
- Hours Open: 8am - 10pm
- Fulltime Employees: 10
- Part time Employees: N/A
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 5,000 sq ft
- Parking: Ample
- Monthly Rent: $6,275
- Lease Expires: 01/01/2033