Cigar Shop with Club and Mailbox Rentals For Sale

Cigar Shop with Club and Mailbox Rentals For Sale in Orange County Potential E2 Visa Opportunity
Location: Orange County, CA
Asking Price: $249,000
SDE (cash flow): $73,909
Gross Revenue $220,370
Inventory: $90,000 (not included in price)
FF&E: $2,000
# of employees: 1
Year established: 2004
Are you a cigar aficionado or an aspiring entrepreneur looking to step into a thriving business? Look no further! We’re offering a well-established and highly regarded cigar shop located in the heart of beautiful Orange County.
Prime Location: Nestled in a bustling area with high traffic in an affluent area, this shop benefits from a prime spot that attracts both locals and visitors.
Established Reputation: Known for its exceptional selection and knowledgeable staff, this shop has built a loyal customer base over 20 years of history.
Wide Selection: Featuring an extensive range of premium cigars, accessories, and fine tobacco products. The shop is stocked with top brands and rare finds.
Inviting Atmosphere: The shop boasts a warm, inviting ambiance with comfortable seating, a well-designed layout, and a relaxing environment perfect for connoisseurs and casual smokers alike.
Turnkey Operation: Comes fully equipped with all inventories (not included in price), furnishings, and systems in place. Ready for a seamless transition for the new owner.
Strong Growth Potential: With a strong foundation and existing customer base, there’s ample opportunity for expansion and growth. New owner could open other locations under the same brand.
Membership Club: the cigar shop has a club room in the back of the shop. Paid members have access to it for meetings and socializing. It is a wonderful source of recurring revenue.
Mailbox rental: the cigar shop has a decent number of mailbox rentals. This is another source of recurring revenue. It also attracts foot traffic here for more sales.
Don’t miss out on this chance to own a premier cigar shop in one of the most sought-after areas in Orange County. Whether you’re passionate about cigars or looking for a lucrative business opportunity, this shop is your gateway to success.
Financials are based on the average of 2022 and 2023 performance. The best method to contact us is to submit an inquiry online, and we will be in touch with an NDA and a discussion.
Facilities: Approximately 818 SF. Monthly rent is $1,750/month, including CAM charges. Lease will expire on April 30th, 2027, after that there will be two 5 year options to extend the lease.
Competition: There are some competitions, but the demand is robust and recurring.
Growth & Expansion: once a new owner becomes proficient in managing this type of business, he/she can open/acquire more locations and scale up the business, and/or start e-commerce shop in the meantime.
Financing: Yes.
Support & Training: 4 weeks at 20 hours per week.
Reason for Selling: relocation out of state.