Profitable Tobacco Shop with Great Expansion Opportunity!...$55,000

British Columbia

**This image may not be a representation of the actual Business or Property for sale**
Business Type Retail
Price $55,000
Real Estate Included No
Real Estate Value $
Revenue $500,000
Cash Flow $45,000
Years in Business 10
Is Inventory Included No
Inventory 80000
Type of Sale Asset/Share

Business Description

This is a sucessful business with constant increasing revenues despite COVID. With multiple new product lines added to the business the revenues have significantly increased from the last year.

Located in the heart of downtown Kelowna serving high quality tobacco products including:
- High End Cigars
- Pipe tobacco (both bulk and pre-packaged)
- Cigarettes (both basic and specialty)
- High Quality Accessories
- E-cigarettes

The business has established an extensive customer base over the years. The business is currently operated as an absentee-owner. This is a great opportunity for an owner-operator or to have an increased cash flow.

Facilities

Excellent high-traffic location with 2,000 square feet of prime retail space in Downtown Kelowna. Includes two large store front window display areas that have been enhanced for added security. The current facility is adequate for future growth expansions. There are two private parking stalls located on the backside of the building with a reinforced heavy-duty metal door.

Growth/Expansion

This business is well-positioned to grow within the existing service areas by adding more industry-related products and/or mail order services. *** With the additional 1,000 square feet of space that is not currently used, there exists a very huge opportunity to expand the current operations to include more retail space or any other allowed usage. The buyer has to do the due deligience to get the necessary approval to develop the unused space.***