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Profitable Tobacco Shop With Great Expansion Opportunity For Sale

Kelowna, British Columbia, Canada
Asking Price:
$55,000 (CAD)
Sales Revenue:
$500,000 (CAD)
Cash Flow:
$45,000 (CAD)

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 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.

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

Property Information

Real Estate:

Lease

Lease Terms:

Is this a leased space: Yes
Monthly Rent: $2,250 (+ CAMS)
When does lease expire: 2021 + 2 extensions of 3 years

Premises Details:

Excellent high-traffic location with 2,000 square feet of prime retail space in Downtown Kelowna. Includes two large storefront 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.

Size in square feet:
2,000

Business Operation

Expansion Potential:

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 desirable opportunity to expand the current operations to include convenience store products, cannabis accessories or any other allowed usage ***

Employees:
3
Years established:
10

Other Information

Support & training:

Owner is willing to train.

Inventory / Stock value:
$80,000 (CAD)

Contact Information

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