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#Business ID: 14246

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Smoke Shop With Gifts & Magazines Store In Massachusetts

Business Location: Massachusetts, United States

Asking Price: $ 255,000 Revenue: $ 600,000 Cash Flow: not disclosed

Business Summary

Financials
Asking: $255,000
NOT Included in the Asking Price:
Inventory: $150,000

Gross: $600,000
Cash Flow: Not Disclosed

Summary Description
This smoke shop, news, gifts and more. Is located on one of the busy streets in Metro Boston. The shop has been there for over 40 years. This store is open only 6 days closed on Sunday. The hours are great. 7:00 am to 6:30 pm. The shop is approximately 2000 s.f. with a full basement The operating expenses are: Cost of good sold is approximately 40% of purchases. Rent $52,800, electric $3,600, gas heat $1,200 Insurance $1,200,phone $1,200, rubbish $600, payroll only on shift $50,000, This is a hi foot traffic street, The net is without the owner operating the shop.

General Information
Year Established: 1960
Employees: 1
Facilities:

Market Outlook
Competition: The competition is none.

Growth and Expansion: No one in the area keeps a large inventory or products. These items can be auction on E-bay or craigtslist to market the products

About the Sale
Financing: none
Support/Training: Will train new buyer.
Reason Selling: One of the owner is going oversees

Property Details

Property Type:

Lease

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