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This is a successful business with constant increasing revenues despite COVID. With multiple new product lines added to the business the revenues have significantly increased from last year. Located in central Okanagan, serving high quality tobacco products including:- High-end cigars- Pipe tobacco (both bulk and prepackaged)- Cigarettes (both basic and specialty)- High quality accessories- E-cigarettesThe 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.
Asking Price
55,000
Annual Sales / Revenue
450,000
EBITDA
1

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Tobacco Shop With Expansion Opportunity
Type of Sale
:
Asset
Years in Business
:
10
Cashflow
:
0
EBITDA
:
1
Business Sector
:
Retail
Square Footage
:
2,000
FF&E Value
:
0
Inventory Value
:
80,000

Business Key Points

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Property Documents

    Available on Request

Location

    Available after signed NDA

Property Description

This is a successful business with constant increasing revenues despite COVID. With multiple new product lines added to the business the revenues have significantly increased from last year. Located in central Okanagan, serving high quality tobacco products including:- High-end cigars- Pipe tobacco (both bulk and prepackaged)- Cigarettes (both basic and specialty)- High quality accessories- E-cigarettesThe 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 Overview

Excellent high-traffic location with 2,000 square feet of prime retail space. 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 behind the building with a reinforced heavy-duty metal door.

Business 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.*** The additional 1,000 square feet of space, not currently used, provides a huge opportunity to expand the current operations to include more retail space or any other allowed usage. The Buyer has to do the due diligence to obtain the necessary approval to develop the unused space.***

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