BUSINESS FOR SALE - CITY TOBACCO AND MORE

Business Opportunity for Sale
Catylist Listing ID: 30641531
Property Subtypes: General Merchandise, Retail Stores
Building Size (RSF): 2,500 SF
Sale Price: $125,000
Name of Establishment: CITY TOBACCO AND MORE
Business Website Address: https://www.facebook.com/citytobaccoandmore
Franchise Parent Name: N/A
Year Business Established: 2012
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 9/22/2020

Overview / Comments

Great convenient /tobacco store serving the downtown area and beyond. It is a long standing store with established customers. Great future potential. No liquor sold here. Big lottery business. Fine cigar shop with 2 humidors and hardly any competition. Potential future cigar business. Add basic and new convenient everyday items to increase sales. Link Customers in the area depends on this store. Changing merchandising mix will definitely add to increase sales. Owner/Operator investment. This store has a great future potential for everyday business. For additional increase in Sales the new owner could add 1) Cashing Govt. Checks 2) Western Union 3) Pizza Slice/Hot Dog Business 4) Adding Liquor will definitely increase sales. INVENTORY SOLD SEPARATELY

Additional Details

Nearest MSA: Rockford
County: Winnebago
Industry Segment: Other General Merchandise
Reason for Selling: Health reasons
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: Training will be provided if needed in a limited basis.
Competition/Market Description: Limited competition
Growth/Expansion Opportunities: Adding liquor/Cashing Govt. Checks/Western Union/ Add more frozen food/ New merchandising mix/ Add Pizza Slice/Hot Dog / Cold Sandwiches / Coffee Station
Seller Financing Description: Possible but with strict terms

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,928 104,932 181,240
Median Age: 32.45 34.16 37
Households: 7,740 40,616 71,762
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