| Confidentiality Agreement |
| Nationally-Franchised Pipe, Tobacco and Gift Shop |
This well-established, profitable business is for sale as the owner is interested in pursuing other interests. The business is sells pipes, tobacco and gifts. This is a turn-key business. The new owner can purchase the business, the furniture, fixtures and equipment. The current lease can be assumed by the new owner or the business can be moved to a new location. Asking price of $169,000 plus inventory (approx $100,000). The business is profitable with sales over $500,000 and gross profit of 50% of sales. Contact Jon Jilek at 269-370-0881 or email at jjilek@koningjilek.com or Jim Jilek at 269-343-1601 or e-mail jilekbiz@net-link.net. Need a signed confidentiality agreement to provide more information. Please fax a signed c/a to 269-344-5009.
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Industry:
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Retail Tobacco Sales
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Geography:
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United States - Michigan - Kalamazoo Area
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Asking Price:
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$169,000
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Gross Revenue:
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$545,000
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Gross Revenue Comments:
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latest available year end of 2005
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Cash Flow Type:
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$59,469
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Cash Flow Type:
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Owner’s Discretionary Income
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Value of Inventory:
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approx $100,000 (Not Included in Asking Price)
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Value of Equipment:
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$115,000
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Seller Financing:
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None
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Year Established:
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1988
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Number of Employees:
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2 full time - 5 part time
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Relocatable:
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Yes
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Training/Support:
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Present management would stay on for some time to advise new owner.
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Reason For Selling:
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Owner wants to pursue other interests.
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Facilities:
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Located in extremely busy retail development
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Confidentiality Agreement
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