Business-only Business for sale in Leeds, AL
Turnkey Cigar Shop in Leeds, AL near Birmingham off Interstate-20. Low Rent! Only $99K + Inventory!
Offer Price
$99,000
Business-only
About this property
Turnkey Cigar Shop in Leeds, AL near Birmingham off Interstate-20. Low Rent! Only $99K + Inventory!
Key Financials:
Sales are currently averaging $35,000 per month at an excellent 30% margin!
Net profit is over $4,000 per month AFTER paying $2,250 in payroll, $1,800 in rent, and ALL other expenses!
ATM generates approximately $100 per month!
The business currently does not sell phone cards, creating an additional opportunity for a new owner to introduce another source of revenue!
Not currently participating in the Alabama Merchant Association (AMA) two-pack cigarette promotion! HUGE opportunity for a new owner to join eligible programs and boost cigarette sales!
Extremely low rent! Rent is only $1,800!
The current lease has approximately 2 and a half years remaining! The landlord is willing to discuss signing a new long-term lease with a qualified buyer!
Store Information:
Highly rated store! Store has Google Reviews with a 4.7 Star Rating! Take over a business that is well known and respected by locals!
The business is currently owner-operated and only open 10 hours a day and 65 hours per week! Hours of operation are 10:00 AM to 8:00 PM Monday through Saturday and 11:00 AM to 4:00 PM on Sundays! Room to extend hours for even more sales!
NO dedicated cigar and tobacco competitor in Leeds! The nearest tobacco and cigar shops are in Moody, Trussville, and Odenville, making this store THE destination tobacco outlet for the entire Leeds trade area!
Geographic and Demographic Information:
Extremely high traffic count of 17,300 vehicles passing by the store each day!
Explosive population growth! The population within 1 mile of the store has TRIPLED since 2000 and grew 3.56% in the last year alone! Over 14,800 residents within 3 miles and over 27,000 residents within 5 miles, with populations forecast to keep climbing nearly 3% over the next 5 years!
New rooftops are coming! Smith Douglas Homes is building the Dansby Valley community only 1 mile from the store, with homes priced from $200,000 to $300,000! New townhomes are also under construction in the Grand River sector of Leeds!
Less than 2 miles from Interstate 20 (I-20), providing excellent visibility and accessibility!
Excellent location in Leeds, Alabama, with convenient access to the Birmingham metropolitan area!
Leeds is home to major regional destinations such as Buc-ee’s, Bass Pro Shops, Barber Motorsports Park, and The Shops of Grand River, which attract over 8.2 MILLION visitors each year from surrounding communities!
Leeds is transforming! A $700 MILLION transformation is underway at the I-20 Exit 140 corridor, including a 275-acre regional championship sports park, a 150-room Sports Illustrated Resort Hotel, a Crystal Lagoon water attraction, three new hotels with over 400 rooms, an event plaza, and 950 new single-family homes plus 370 multifamily units! Thousands of new visitors, workers, and residents are headed to Leeds!
Near the Grand River master-planned community, a massive 6,500-acre mixed-use development with new residential communities and townhomes!
Close to Leeds Memorial Park and the Leeds Civic Center!
Close proximity to residential neighborhoods including Clairmont Park, Southern Trace, Oliver Crossing, and The Village at Leeds!
Near restaurants such as Chick-fil-A, Whataburger, El Cazador Mexican Grill, Mangos Cantina & Grill, Waffle House, KFC and McDonald’s!
Conveniently located near Walmart Supercenter!
20 minutes to Birmingham, AL! 1 hour to Gadsden, AL! 1 hour 10 minutes to Tuscaloosa, AL! 1 hour 20 minutes to Montgomery, AL! 1 hour 50 minutes to Huntsville, AL! 2 hours to Atlanta, GA!
Asking Price for Business Only: $99,000 plus inventory! Inventory is estimated at approximately $90,000 to $95,000 at cost!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Property Details
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Business Details
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Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.