Established Retail Franchise In Missouri

Description

Cigar and smoke shop for sale in the St. Louis area. The business has been operating for more than 30 years from a neighborhood shopping center.

Business profile

• More than 30 years in operation
• Owner-operated business
• Several part-time employees
• Existing local customer base
• Shopping center location with convenient access

Products

• Cigars
• Smoking-related products
• Wine
• Other store merchandise

Occupancy

The seller states that rent represents less than 4% of current sales.

Buyers should review the lease, rent increases, CAM charges and renewal options to confirm the total occupancy cost.

Operations

The current owner works in the business with support from a small part-time staff.

The existing store setup, customer traffic and product mix allow a new owner to continue operating without developing a new retail location from scratch.

Due diligence

Buyers should verify historical financials, gross margins, inventory value, lease terms, staffing, supplier relationships and equipment ownership before closing.

Tobacco and wine sales are subject to applicable Missouri and local licensing, age-verification and transfer requirements. Existing licenses should not be assumed to transfer automatically.