VR Business Brokers tag line

You have accessed this listing information from the VR National database through: The participating listing VR Business Broker Office is:

VR Business Brokers - Austin, TX
8310-1 Capital of Texas Highway N
Suite 185
Austin, TX 78731
(512) 340-0181
www.vrtexascapital.com
alison@vrtexascapital.com
 

VR Business Brokers - Austin, TX

8310-1 Capital of Texas Highway N
Suite 185
Austin, TX 78731
(512) 340-0181
www.vrtexascapital.com
alison@vrtexascapital.com

Business Listing Details

LISTING#:
41180517

I9900: Other Retail Stores
South Austin Tobacco Shop
LOCATION: South Austin, Texas
  
ASKING
PRICE

$250,000
AMOUNT
DOWN

$250,000
REVENUES:
  
$1,700,000
DISCRETIONARY
EARNINGS

$72,000
TOTAL
ASSETS

$21,400
This popular tobacco shop in its 9 years in business has generated a loyal customer base with an impressive amount of daily traffic, more than 200 customer per day, in a very friendly atmosphere. There are many products carried that cannot be found elsewhere in Austin and customers will drive from as far as Bastrop to stock up.  The space occupies 800 square feet with space in the back not utilized, therefore presenting an opportunity to the new owner to expand, and the monthly rent is $1,346.  The owner works the morning shift Monday - Saturday while an employee covers the afternoon and evenings, as well as closing duties; the store is closed on Sundays.  SBA financing may be available to a qualified buyer, and seller financing may be negotiable.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.