Vape & Smoke shop in busy location

$115,000

Orange County

Asking Price: $ 115,000 plus inventory, approximately $40,000

Type of Business: Smoke and Vape
Location: Central Orange County
Hours of Operation: 11 am to 8 pm, Sunday 12-5pm
Gross Sales: $ 21,250 per month
Adjusted Net Profit: $ 29,000 year, absentee run
Total Rent: $ 1,420
NNN: $ in rent above
Length of Lease: 3 years
Options: N/A
Sq. Ft. 600
Occupancy: 50
Number of Employees: 6
Full time:  1        Part time:  2
Payroll: $ 39,000 per year
Insurance: $ 500 / yr
Gas: $ none
Electric: $ 100
Water: $ included in rent
Phone: $ 132 with TV and Internet
Trash: $ included in
Internet and TV: included above
Cost of goods: N/A

Business description.

Good downtown location. Very desired area. Completely absentee run. City planning dept and business license department said they will not allow another vape shop in the area. Close proximity to a college and many bars and restaurants are within walking distance Business has many loyal customers that come monthly to buy new vape products or for refills. Focus is many on vape products. Revenue and profit could be increased by an owner operator and by selling other items such as cigars, pipes, water pipes, etc.

Call for more details.

(714) 366-5498