OFF-MARKET-All in One Smoke & Convenience Shop for Sale – (Los Angeles County)

OFF-MARKET PRESENTLY!

All in One Smoke/Convenience Shop – Attractive Income!
El Monte, CA – (Los Angeles County)
Zip Code: 91733

• Asking Price: $90,000
• Cash Flow: $96,000
• Gross Revenue: $312,000
• EBITDA: N/A
• FF&E: $12,000
• Inventory: $30,000*

  *not included in asking price.

• Lease Rate: N/A /SF
• Established: 2004

Smoke & Convenience Shop for Sale – (Business Description)

All in One Smoke/Convenience Shop for Sale– Attractive Income! – Hailed by customers as the greatest tobacco shop ever!

This smoke shop and convenience store have a great selection of glass, torches, pipes, scales, vapes and so on, for all your convenience items, smoking and vaping needs and lottery tickets all in one neighborhood shop.

The store has been in the same location since 2004!

• Well established.
• Long history.
• Sticky customer base.
• High foot traffic.
• Nice staff.
• Excellent earnings.

In the retail space, the tobacco business is one sector which is practically e-commerce-proof.

Here is why?:

• Tobacco cravings cannot wait for online orders to arrive! – When customers need to satisfy a tobacco craving, the call needs to be answered immediately!
• So grab some snacks and staples and to eliminate stopping on the way home.

FF&E is included in the price. Inventory is not included in the price, but it can be discussed.

Detailed Information:

• Inventory: Not included in asking price
• Employees: 2
• Furniture, Fixtures, & Equipment (FF&E): Included in asking price
• Facilities: 1,300 sq. ft. (an office and restroom included)
• Competition: Some, but nothing crazy. Location is key.
• Growth & Expansion: More digital marketing can drive more foot traffic into the shop; the new owner can continue to expand products and services.
• Support & Training: 2 weeks at 20 hours per week.
• Reason for Selling: Commute is too long.

Industry Overview:

Industry Overview Companies in this industry operate retail locations that primarily sell:

• fuel,
• groceries,
• cigarettes,
• and alcoholic beverages.

Major US companies include 7-Eleven (the North American subsidiary of Seven-Eleven Japan); Circle K (a division of Canada-based Couche-Tard); Love’s; and Wawa.

The US c-store and truck stop industry includes some 155,000 stores, according to the National Association of Convenience Stores, with combined annual revenue of about $500 billion.

The industry includes establishments that are:

• gas station/c-store combinations,
• as well as c-stores that don’t sell fuel. Gas stations that don’t include c-stores are covered in a separate industry profile.

Competitive Landscape

Competitive Landscape Consumer and commercial driving trends drive demand!

The profitability of individual stores depends on competitive pricing, effective merchandising, and the ability to secure high-traffic locations.

Small companies can compete effectively by acquiring superior locations or offering specialized merchandise or services.

The industry is fragmented: the top 50 US companies account for about 40% of industry sales.

Single-store operators predominate, accounting for more than 60% of all convenience stores, according to the National Association of Convenience Stores (NACS).