Retail & Distribution For Sale - Palm Springs, California, CA - Riverside County

PROFILE: Cigar Retail & Mail Order.

AD/LISTING INFORMATION
Status: Available
State: California
Location: Palm Springs
County: Riverside
City: Palm Springs
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  130723
Seller Or Contact:  Mike Mesenbrink
Primary Phone:  714-255-8862
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/13/08
Date Ad Last Revised:   10/13/08

FINANCIAL INFORMATION
Asking Price: $420,000
Down Payment: Call/Email
Annual Revenue: $1,000,000
Annual Adjusted Net: $193,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: Summary Description
This Cigar Store, Composed Of Gifts And A Mail Order Business Is Located In The Heart Of The Affluent Desert Community Of Palm Springs And It Has Been Serving The Southern California Market Since 1981. After Many Years In Business It Has Become A Legend In The Area With A Well-Established Reputation For High Quality Premium Cigars At A Fair Price Combined With Exceptional Service. Vendors Of The Tobacco Industry Have A High Regard For The Owners Of This Business. The Store Carries Over 300 Combinations Of Cigar Products At One Time With A Walk-In Humidor.
There Are Over 500 Steady And Loyal Customers Of The Combined Retail Store And Mail Order Businesses With Two Locations. There Are Approximately Five Part-Time Employees That Operate The Business. There Is Bank Financing Available For This Business With Approximately A 20% Down Payment Depending Upon Qualifications Of The Buyer.
Opportunity
The Sale Of This Business Represents A Tremendous Opportunity For A New Enterprising Owner To Take Over And Grow The Business In Ways That Have Not Been Achieved Before. This Is One Of The Highest Grossing Cigar Businesses In The USA With Much More Room For Growth. Their Solid Reputation For Quality, Exceptional Service, Customer Satisfaction, And Professional Experience Have Caused Their Business To Become A Landmark Cigar Store In The Valley.

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