Established 20 year Cigar shop and Lounge for sale!
| Asking Price: | $130,000 |
| Inventory: | $88,002 |
| FF&E: | $50,000 |
| Gross Revenue: | $265,679 |
| Rent: | $4,000/Month |
| Established Year: | 2000 |
Strong customer base in high traffic shopping center!
The cigar shop is an esteemed establishment that has been in the same location for over two decades, serving as a cornerstone of the cigar community in Sandy Springs. Inheriting this legacy just a year ago, the current owner, while deeply passionate about the business, finds themselves stretched thin with other commitments, making this an exceptional opportunity for a new owner to take the reins and steer this beloved establishment into a new era of success.
Situated in a high-traffic shopping center, the cigar shop benefits from a prime location that drives new customers. With twelve months of solid financials in hand and an established customer base, the groundwork has been laid for continued growth.
The cigar shop currently has two long time employees and with a wholesale inventory value of approximately $88,000.00 and an additional $50,000.00 invested in fixtures, furniture, and equipment—including a commercial-grade smoke eater and a spacious humidor—the stage is set for unparalleled success.
The shop stocks a selection of high-end cigars, complemented by a full suite of accessories that cater to every aspect of the cigar lifestyle. From lighters and crafted humidors to cutters, pipes, and an array of accessories.
Beyond its exceptional product offerings, the shop boasts a cozy lounge in the back, providing seating for 7-8 patrons to relax and enjoy their cigars in comfort and camaraderie. With the potential to expand revenue streams through a beer and wine license, as well as the revitalization of accessory offerings, there are ample opportunities for growth and diversification.
Currently, marketing efforts primarily consist of email campaigns targeting existing customers, presenting a prime opportunity for a new owner to implement a comprehensive rebranding and marketing plan that will further elevate the business's visibility and appeal.
Whether as a valuable addition to an existing retail portfolio or as a dream venture for an individual seeking to enter the world of cigars, Cigar Shop presents a rare opportunity to inherit a storied legacy and shape its future for years to come.
