Albuquerque, NM (Bernalillo County)

Seller Financing Available
Cigar Store
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Asking Price: $489,000

Cash Flow: $110,000

Gross Revenue: $425,000

EBITDA: N/A

FF&E: $45,000

Inventory: $140,000

Rent: $3,100 /Month

Established: 1995

Cigar Store

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Business Description

Cigar Lounge

Well established cigar store in the heart of Albuquerque with great clientele and repeat business.
Spacious luxurious cigar lounge with plenty of room to grow. Great landlord and lease terms.
Plenty of parking in a well groomed plaza. Sale includes inventory valued at 135,000 and assets and equipment valued at 45,000. Leased space includes and office or stockroom, private area for customers, and two handicap restrooms.

Detailed Information

Location:
Albuquerque, NM
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,842
Lease Expiration:
6/30/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Few cigar stores in Albuquerque/Rio Rancho metro that are considered competition, great niche business.
Growth & Expansion:
Will advise the purchaser of some growth possibilities that would be extremely rewarding.
Financing:
Seller will finance half of listing price.
Support & Training:
will train for two weeks.
Reason for Selling:
Needed elsewhere
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Business Listed By:
Not Disclosed

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